SEC Filing Document

Company: Berto Acquisition Corp. II
Ticker: GUAC
CIK: 2081515
Filing Type: DRS
Document Type: DRS
Date Filed: 2026-02-20
Accession Number: 0001829126-26-001498
Exchange: 
SIC Code: 6770
SIC Description: Blank Checks
URL: https://www.sec.gov/Archives/edgar/data/2081515/000182912626001498/filename1.htm

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acquisitions, and we may determine in connection with such acquisition or afterward to separate the ownership of such business or assets from that of our initial target business through a spin-off, split-off or otherwise. We have not selected or identified any potential target business or any potential inorganic opportunities at this stage. Table of Contents OUR MANAGEMENT TEAM Our management team is comprised of industry leaders, who we believe are well positioned to identify and evaluate businesses that would benefit from our management team’s skills and access to the public markets. We believe that our management team possesses extensive experience in operating and growing companies, has a deep network of contacts and brings a distinctive background that can have a transformative impact on a target business. Our management team is spearheaded by Harry L. You, the Chief Executive Officer and Chairman of the board of the directors of the company.

Harry L. You is an experienced executive, chief financial officer and board member with extensive experience with technology companies. Harry has served as Chairman of the Board of Coliseum since June 2023 until the closing of its initial business combination in December 2024, and served as interim Chief Executive Officer and Chief Financial Officer from June 2023 until July 2023, and he currently serves as Chairman of Rain Enhancement Technologies Holdco, Inc. (Nasdaq: RAIN) and Executive Chairman of First Berto (Nasdaq: TACO). Mr. You has also served as Chairman of the Board and a Director of dMY Squared since March 2022, as well as Chief Financial Officer since February 2022 and Chief Executive Officer since February 2025. From March 2022 until his resignation in March 2023, Mr. You also served as Co-Chief Executive Officer of dMY Squared. He has also been a member of the Audit Committee of Broadcom Inc. (Nasdaq: AVGO) (“Broadcom”) since January 2019 as well as Chairman of the Compensation Committee and a member of the Executive Committee of the Board of Directors of Broadcom. Previously, he was Chief Financial Officer from September 2016 to August 2019 and President in May 2019 and from September 2016 to February 2019 and in May 2019 of GTY, a software as a service company that offers cloud-based solutions for the public sector. He was Executive Vice President in the Office of the Chairman of EMC Corporation (“EMC”) from 2008 to 2016. When Mr. You joined EMC in 2008, he oversaw corporate strategy and new business development, including mergers and acquisitions, joint ventures and venture capital activity. He was Chief Executive Officer from 2005 to 2007 and Interim Chief Financial Officer from 2005 to 2006 of BearingPoint Inc. (formerly KPMG Consulting), a leading IT and management consultancy. He was Executive Vice President and Chief Financial Officer of Oracle Corporation (NYSE: ORCL) (“Oracle”) from 2004 to 2005, in which capacity, he helped start Oracle’s acquisition run with takeovers of Peoplesoft, Inc. and Retek in 2005. Prior to joining Oracle, he held several key positions in finance, including as Chief Financial Officer of Accenture Ltd. from 2001 to 2004, guiding Accenture through its initial public offering, and a managing director in the Investment Banking Division of Morgan Stanley. He has also served as a trustee of the U.S. Olympic Committee Foundation from 2016 to 2022. Mr. You served as a director of IonQ, Inc. from October 2021 to February 2025. Mr. You served as Vice Chairman of the Board of GTY from February 2019 to July 2022 and as director of Coupang, Inc. from January 2021 to June 2023, Genius Sports Limited from April 2021 to December 2022, Rush Street Interactive, Inc. from September 2019 to June 2022, dMY II (a special purpose acquisition company) from June 2020 to April 2021, dMY IV (a special purpose acquisition company) from December 2020 to April 2023, and Korn/Ferry International from 2005 to 2016. Mr. You holds an M.A. in Economics from Yale University and a B.A. in Economics from Harvard College.

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PRIOR SPAC EXPERIENCE

Harry L. You, our Chief Executive Officer and Chairman of the board of directors, has extensive experience with special purpose acquisition companies (“SPACs”).

Berto Acquisition Corp.

In July 2024, Mr. You founded Berto Acquisition Corp., a blank check company formed for substantially similar purposes as our company, in which Mr. You serves as Chief Executive Officer and Executive Chairman. From April 2025 until his resignation in June 2025, Mr. You also served as Interim Chief Financial Officer of First Berto. In May 2025, First Berto completed its upsized initial public offering, in which it raised aggregate proceeds of approximately $300,150,000. On October 29, 2025, First Berto and OnMed LLC (“OnMed”) jointly announced that they have entered into a non-binding letter of intent for a business combination. OnMed is a business formed to solve America’s healthcare access crisis through its one-of-a-kind CareStation. On [●], 2026, the closing sale price of TACOU, TACO and TACOW were $[●], $[●], and $[●], respectively.

dMY Squared Technology Group, Inc.

In February 2022,
Mr. You founded dMY Squared Technology Group, Inc., a blank check company formed for substantially similar purposes as our
company. Mr. You has served as Chairman of the Board and a Director of dMY Squared since March 2022, as well as Chief
Financial Officer since February 2022. From March 2022 until his resignation in March 2023, Mr. You also served
as Co-Chief Executive Officer of dMY Squared. dMY Squared completed its initial public offering in September 2022, in which it
raised aggregate proceeds of approximately $63,190,000. On January 2, 2024, dMY Squared held a special meeting of shareholders
to extend the date by which it must complete a business combination from January 4, 2024 to January 29, 2024, and month to
month thereafter up to December 29, 2025, provided that $50,000 is deposited into the trust account for each month of the
extension. In connection with the extension, approximately 3,980,414 public shares were redeemed, representing approximately 66.3%
of the public shares issued in dMY Squared’s initial public offering. On September 9, 2025, dMY Squared entered into a
business combination agreement with Horizon Quantum Computing Pte. Ltd. (“Horizon”), a business formed to develop
operating systems software and software development tools for quantum computing and related services. On December 4, 2025, dMY
Squared and Horizon entered into subscription agreements with certain institutional and accredited investors, qualified
institutional buyers and strategic investors to purchase approximately $110 million of Class A ordinary shares in a private
placement. On December 15, 2025, dMY Squared held a special meeting of shareholders to further extend the date by which it must
complete a business combination from December 29, 2025 to January 29, 2026, and month to month thereafter up to June 29, 2026. In
connection with this second extension, approximately 12,599 public shares were redeemed, representing approximately 0.2% of the
public shares issued in dMY Squared’s initial public offering, with approximately $27 million remaining in the trust account
of dMY Squared following redemptions. dMY Squared’s units, Class A common stock and warrants are traded on the OTC Market
Systems (the “OTC Market”) under the symbols “DMYY.U,” “DMYY” and “DMYY.WS”,
respectively. On [●], 2026, the closing sale price of DMYY.U, DMYY and DMYY.WS were $[●], $[●], and $[●],
respectively.

Coliseum Acquisition Corp./Rain Enhancement Technologies, Inc.

Coliseum Acquisition Corp. is a blank check company formed for substantially similar purposes as our company. Coliseum completed its initial public offering in June 2021, in which it raised aggregate proceeds of approximately $150,000,000. Mr. You acquired (directly and indirectly) 70% of the founder shares and private placement warrants of Coliseum from its previous sponsor in June 2023, and became Chairman of the Board of Directors of Coliseum. In June 2023, November 2023, September 2024 and December 2024, Coliseum held shareholder meetings to extend the date by which it must complete a business combination, and in connection therewith, 9,121,799 public shares, 3,001,840 public shares, 1,089,249 public shares, and 856,188 public shares were redeemed. On June 26, 2024, Coliseum entered into a business combination agreement with Rain Enhancement Technologies, Inc., a business formed to develop, improve and commercialize ionization rainfall generation technology. In connection with the special meeting of stockholders of Coliseum to approve the business combination with Rain Enhancement Technologies, Inc., shareholders holding 505,207 public shares exercised their rights to redeem those shares for cash at a price of approximately $11.41 per share for an aggregate of $2.37 million. Together with the public shares submitted for redemption in connection with the extension meetings as described above, approximately 97.16% of the public shares issued in Coliseum’s initial public offering were redeemed. Following the closing, Class A common stock and warrants of Rain Enhancement Technologies Holdco, Inc. began trading on Nasdaq on January 2, 2025 under the ticker symbols “RAIN” and “RAINW,” respectively. On [●], 2026, the closing sale price of RAIN and RAINW were $[●] and $[●], respectively. As of [●], 2026, the aggregate market capitalization of Rain Enhancement Technologies Holdco, Inc. reflects a market value of approximately $[●] million.

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