Company: TACOW
Filing Date: 2025-02-10
Form Type: DRS
Source: 0001829126-25-000836
Chunk: 146

Company: Berto Acquisition Corp.
Filing Date: 2025-02-10
Form: DRS
Chunk 146
---
 deducting offering expenses of
approximately $1,220,000, will be $251,530,000 (or $289,030,000 if the underwriters’ over-allotment option is exercised in full).
Such purchase of the private placement warrants will be funded by our sponsor. Of this amount, $250,000,000 (or $287,500,000 if the underwriters’
over-allotment option is exercised in full) will be held in the trust account. The proceeds held in the trust account will be invested
only in U.S. government treasury obligations with a maturity of 185 days or less or in money market funds meeting certain conditions
under Rule 2a-7 under the Investment Company Act which invest only in direct U.S. government treasury obligations. The remaining
approximately $1,530,000 will not be held in the trust account. In the event that our offering expenses exceed our estimate of $1,220,000,
we may fund such excess with funds not to be held in the trust account. In such case, the amount of funds we intend to be held outside
the trust account would decrease by a corresponding amount. Conversely, in the event that the offering expenses are less than our estimate
of $1,220,000, the amount of funds we intend to be held outside the trust account would increase by a corresponding amount.

We intend to use substantially all of the funds held in the trust account, including
any amounts representing interest earned on the trust account (excluding deferred
underwriting commissions) to complete our initial business combination. We may withdraw
interest to pay our taxes and annual reporting fees. We may pay from funds from this offering held outside of the trust account or from interest earned
on the funds held in the trust account and released to us for this purpose. Our annual
income tax obligations will depend on the amount of interest and other income earned
on the amounts held in the trust account. We expect the interest earned on the amount
in the trust account will be sufficient to pay our income taxes. To the extent that
our equity or debt is used, in whole or in part, as consideration to complete our
initial business combination, the remaining proceeds held in the trust account will
be used as working capital to finance the operations of the target business or businesses,
make other acquisitions and pursue our growth strategies.

Prior to the completion of our initial business combination, we will have available
to us the approximately $1,530,000 of proceeds