Company: TACOW
Filing Date: 2025-04-15
Form Type: S-1/A
Source: 0001829126-25-002650
Chunk: 322

Company: Berto Acquisition Corp.
Filing Date: 2025-04-15
Form: S-1/A
Chunk 322
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 the Russian invasion
of Ukraine, the escalation of the Israel-Hamas conflict and subsequent sanctions or related actions, could adversely affect the
Company’s search for an initial business combination and any target business with which the Company may ultimately consummate
an initial business combination.

Liquidity and Capital Resources

As of December 31, 2024, the Company had
approximately $34,000 in cash and a working capital deficit of approximately $963,000. Further, the Company has incurred and expects
to continue to incur significant costs in pursuit of its financing and acquisition plans. In connection with the Company’s
assessment of going concern considerations in accordance with ASC 205-40 - Presentation of Financial Statements – Going Concern,
“Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern”, as of December 31,
2024, management has determined that the Company’s current liquidity including access to funds from the Sponsor entity and
the fact that the Sponsor agrees to make those funds available and has the financial wherewithal to provide such funds, is sufficient
to fund the working capital needs of the Company until the earlier of the consummation of the Proposed Public Offering or a minimum
of one year from the date of issuance of these financial statements.

<div align='center'>F-9

BERTO ACQUISITION CORP.

NOTES TO FINANCIAL STATEMENTS

DECEMBER 31, 2024</div>

Note 2 — Summary of Significant Accounting Policies

Basis of Presentation

The accompanying financial statements are presented
in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to
the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”).

Emerging Growth Company

As an emerging growth company, the Company
may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that
are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements
of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic
reports and proxy statements, and exemptions from the requirements of holding a non-binding advisory vote on executive compensation
and shareholder approval of any golden parachute payments not previously approved.

Section 102(b)(1) of the JOBS Act exempts
emerging growth companies from being required to comply with new or revised financial accounting standards until private companies
(that