Company: TACOW
Filing Date: 2025-03-21
Form Type: S-1
Source: 0001829126-25-001978
Chunk: 231

Company: Berto Acquisition Corp.
Filing Date: 2025-03-21
Form: S-1
Chunk 231
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1.00 per warrant, at the option of the lender. The warrants would be identical to the private placement warrants, including as to
exercisability and exercise price. Except as set forth above, the terms of such loans, if any, have not been determined and no written
agreements exist with respect to such loans. Prior to the completion of our initial business combination, we do not expect to seek loans
from parties other than our sponsor or an affiliate of our sponsor as we do not believe third parties will be willing to loan such funds
and provide a waiver against any and all rights to seek access to funds in our trust account.

Any of the foregoing payments
to our sponsor, including deferred $15,000 monthly payments, repayments of loans from our sponsor or repayments of working capital loans
prior to our initial business combination will be made using funds held outside the trust account and are anticipated to be repaid upon
completion of this offering out of the $1,220,000 of offering proceeds that has been allocated for the payment of offering expenses other
than underwriting commissions.

After our initial business combination,
members of our management team who remain with us may be paid consulting, management or other fees from the combined company with any
and all amounts being fully disclosed to our shareholders, to the extent then known, in the proxy solicitation or tender offer materials,
as applicable, furnished to our shareholders. It is unlikely the amount of such compensation will be known at the time of distribution
of such tender offer materials or at the time of a shareholder meeting held to consider our initial business combination, as applicable,
as it will be up to the directors of the post- combination business to determine executive and director compensation.

We have entered into a registration
rights agreement with respect to the founder shares and private placement warrants, which is described under the heading “Principal Shareholders — Registration Rights.”

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Policy for Approval of Related Party Transactions

The audit committee of our board
of directors will adopt a policy setting forth the policies and procedures for its review and approval or ratification of “related
party transactions.” A “related party transaction” is any consummated or proposed transaction or series of transactions:
(i) in which the company was or is to be a participant; (ii) the amount of which exceeds (or is reasonably expected to exceed) the lesser
of $120,000 or 1% of the average of the company’s total assets at year-end for the prior