Company: TACOW
Filing Date: 2025-02-10
Form Type: DRS
Source: 0001829126-25-000836
Chunk: 94

Company: Berto Acquisition Corp.
Filing Date: 2025-02-10
Form: DRS
Chunk 94
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 new ordinary shares in exchange for all of the outstanding capital stock of a target. In this case, we would acquire a 100% interest in the target.

However, as a result of the issuance of a substantial number of new ordinary shares, our shareholders immediately prior to such transaction could own less than a majority of our outstanding ordinary shares subsequent to such transaction. In addition, other minority shareholders may subsequently combine their holdings resulting in a single person or group obtaining a larger share of the company’s shares than we initially acquired. Accordingly, this may make it more likely that our management will not be able to maintain control of the target business.

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Risks Relating to Acquiring and Operating a Business in Foreign Countries

If we effect our initial business combination with a company located outside of the United States, we would be subject to a variety of additional risks that may adversely affect us.

If we pursue a target company with operations or opportunities outside of the United States for our initial business combination, we may face additional burdens in connection with investigating, agreeing to and completing such initial business combination, and if we effect such initial business combination, we would be subject to a variety of additional risks that may negatively impact our operations.

If we pursue a target a company with operations or opportunities outside of the United States for our initial business combination, we would be subject to risks associated with cross-border business combinations, including in connection with investigating, agreeing to and completing our initial business combination, conducting due diligence in a foreign jurisdiction, having such transaction approved by any local governments, regulators or agencies and changes in the purchase price based on fluctuations in foreign exchange rates.

If we effect our initial business combination with such a company, we would be subject to any special considerations or risks associated with companies operating in an international setting, including any of the following:

| ● | costs and difficulties inherent in managing cross-border business operations; |

| ● | rules and regulations regarding currency redemption; |

| ● | complex corporate withholding taxes on individuals; |

| ● | laws governing the manner in which future business combinations may be effected; |

| ● | exchange listing and/or delisting requirements; |

| ● | tariffs and trade barriers; |

| ● | regulations related to customs and import/export matters; |

| ● | local or regional economic policies and market conditions; |

| ● | unexpected changes in regulatory requirements; |

| ● | challenges in managing and staffing international operations; |

| ● | longer payment cycles; |

| ● | tax issues, such as tax law