SEC Filing Document

Company: Berto Acquisition Corp. II
Ticker: GUAC
CIK: 2081515
Filing Type: S-1/A
Document Type: S-1/A
Date Filed: 2026-05-12
Accession Number: 0001829126-26-005001
Exchange: 
SIC Code: 6770
SIC Description: Blank Checks
URL: https://www.sec.gov/Archives/edgar/data/2081515/000182912626005001/bertoacquisition2_s1a.htm

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directors or other representatives with multiple business affiliations to continue to serve as an officer of our company or on our board of directors. Our officers and directors may from time to time be presented with opportunities that could benefit both another business affiliation and us. In the absence of the “corporate opportunity” waiver in our articles, certain candidates would not be able to serve as an officer or director. We believe we substantially benefit from having representatives who bring significant, relevant and valuable experience to our management, and, as a result, the inclusion of the “corporate opportunity” waiver in our articles provide us with greater flexibility to attract and retain the officers and directors that we feel are the best candidates. We do not believe, however, that the fiduciary duties or contractual obligations of our officers or directors will materially affect our ability to complete an initial business combination.

Certain members of our sponsor
and our officers and directors may have similar responsibilities in, or serve as directors of, other SPACs. Harry You is serving as the
Chief Executive Officer and Executive Chairman of First Berto. Vikas Mittal, our Executive Chairman, serves as Chief Financial Officer
of First Berto and Chief Executive Officer and Chief Financial Officer of Investcorp, Principal Executive Officer and a director of Investcorp
AI, Co-Chief Executive Officer and Chief Financial Officer of CSLM III, and a director of BIXI. Our director nominees, Sam Lynn, Darla
K. Anderson and Constance K. Weaver, serve as directors of First Berto. In addition, our sponsor and our officers and directors or any
of their affiliates may sponsor or form other SPACs similar to ours or may pursue other business or investment ventures during the period
in which we are seeking an initial business combination. Any such companies, businesses or investments may present additional conflicts
of interest in pursuing an initial business combination. The fiduciary duties or obligations of our officer and directors owed to First
Berto, Investcorp, Investcorp AI, CSLM III, and BIXI, as applicable, may materially affect our ability to complete our initial business
combination. However, we believe that certain factors may mitigate the impact of such conflicts, including: (1) the type of transaction
we would target would be of a nature different than what BIXI would target, as BIXI is targeting companies in the digital asset infrastructure
and applications sectors; (2) certain of such entities have already identified targets (for example, CSLM III entered into a non-binding
letter of intent with First Digital in December 2025, and Investcorp AI signed a definitive business combination agreement with Blue
Finance in April 2026); (3) our management team has significant experience in identifying and executing multiple acquisition opportunities
simultaneously, and we believe there are multiple potential opportunities across all industries and geographic regions; and (4) we have
different timelines in completing a business combination (First Berto currently has until May 1, 2027 to complete a business combination;
BIXI currently has until December 1, 2027; CSLM III currently has until August 26, 2027; Investcorp currently has until December 17,
2027; and Investcorp AI currently has until May 12, 2027). While we expect that First Berto, BIXI, CSLM III, Investcorp, and Investcorp
AI will have priority over us with respect to acquisition opportunities (although each of CSLM III and Investcorp AI have identified
targets already), due to shorter completion windows, a target that we pursue may not be a suitable target for such other SPACs because
it may not be able to combine with them before its deadline. With respect to companies other than First Berto, BIXI, CSLM III, Investcorp,
and Investcorp AI, we do not believe the fiduciary duties or contractual obligations of our officers or directors owed to such entities
will materially affect our ability to complete an initial business combination, because such entities are not themselves in the business
of engaging in business combinations.

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OUR SPONSOR

Our sponsor, Berto Acquisition Sponsor II LLC, is a Cayman Islands limited liability company, which was formed to invest in us. The activities undertaken by our sponsor are focused on investing in our company. The managing member of our sponsor is Harry You, the founder of the company. Harry You controls the management of our sponsor, including the exercise of voting and investment discretion over the securities of our company held by our sponsor. As of the date of this prospectus, Harry You and Robert You, an initial shareholder, adult son of Harry You and the President and Chief Financial Officer of the company, have a direct or indirect material interest in our sponsor. Harry You owns membership interest representing an aggregate of approximately 39.6% of the economic rights attributable to the founder shares held by our sponsor and 100% of the economic rights attributable to the private placement warrants held by our sponsor, each subject to potential adjustment (assuming no exercise of the over-allotment option). Robert You owns membership interest representing an aggregate of approximately 33.8% of the economic rights attributable to the founder shares held by our sponsor (assuming no exercise of the over-allotment option). Berto Barquillo LLC (“Barquillo”), a Cayman Islands limited liability company and one of the non-managing investors of the Sponsor, owns membership interest representing an aggregate of approximately 26.6% of the economic rights attributable to the founder shares held by our sponsor. The membership interests held by Barquillo are not subject to adjustment. The managing member of Barquillo is Harry You, and Harry You controls the management of Barquillo, including the exercise of voting and investment discretion over the membership interests of our sponsor held by Barquillo. Laura Alonso, an individual non-managing investor, owns a membership interest in the Sponsor via Barquillo, representing an aggregate of approximately 23.8% of the economic rights attributable to the founder shares held by our sponsor, which constitutes a portion of Barquillo’s aggregate 26.6% economic interest described above. Other than Harry You and Robert You, none of the other direct or indirect members of our sponsor will be officers or directors of, or otherwise participate in, the management of our company.

The membership interests of the Sponsor do not confer on the holders voting or other rights to direct or manage our company. The direction and management of our company is vested in the board of directors and management team pursuant to our articles.

The following table sets forth the payments to be received by our sponsor and its affiliates from us prior to or in connection with the completion of our initial business combination and the securities issued and to be issued by us to our sponsor or its affiliates:

Entity Amount of Compensation to be Received or Securities Issued or to be Issued Consideration Paid or to be Paid

Berto Acquisition Sponsor II LLC 2,525,000 ordinary shares (of which 346,207 shares are subject to forfeiture if the underwriters do not exercise their over-allotment option). $8,782.61 (approximately $0.003 per share)

Harry L. You 2,300,000 ordinary shares (of which 315,356 shares are subject to forfeiture if the underwriters do not exercise their over-allotment option). $8,000 (approximately $0.003 per share)

Robert You 2,012,500 ordinary shares (of which 275,937 shares are subject to forfeiture if the underwriters do not exercise their over-allotment option). $7,000 (approximately $0.003 per share)

Berto Acquisition Sponsor II LLC 3,500,000 private placement warrants $3,500,000 ($1.00 per warrant)

Berto Acquisition Sponsor II LLC and/or its affiliates or designees $15,000 per month Office space and administrative services provided to members of our management team

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Entity Amount of Compensation to be Received or Securities Issued or to be Issued Consideration Paid or to be Paid

Berto Acquisition Sponsor II LLC Repayment in cash Up to $300,000 under an unsecured, non-interest-bearing promissory note for offering-related and organizational expenses. The loan is due at the earlier of December 31, 2026 or the closing of this offering and are anticipated to be repaid upon completion of this offering.

Berto Acquisition Sponsor II LLC, an affiliate thereof, or our officers and directors Repayment in cash, or up to $1.5 million of loans may be repaid in private placement warrants of the post-business combination entity at a price of $1.00 per warrant at the option of the lender, which conversion may result in material dilution to our public shareholders Loans to finance the company’s working capital or transaction costs in connection with an intended initial business combination

Berto Acquisition Sponsor II LLC, our officers or directors, or affiliates thereof Repayment in cash Any out-of-pocket expenses related to identifying, investigating, negotiating and completing an initial business combination

Berto Acquisition Sponsor II LLC, our officers or directors, our advisors, or affiliates thereof Consulting, success, advisory, or finder’s fees Any services in order to effectuate the completion of our initial business, which, if made prior to the completion of our initial business combination, will be paid from funds held outside the trust account