SEC Filing Document

Company: Berto Acquisition Corp. II
Ticker: GUAC
CIK: 2081515
Filing Type: S-1
Document Type: EX-3.2
Date Filed: 2026-04-27
Accession Number: 0001829126-26-003952
Exchange: 
SIC Code: 6770
SIC Description: Blank Checks
URL: https://www.sec.gov/Archives/edgar/data/2081515/000182912626003952/bertoacquisition2_ex3-2.htm

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financial year of the Company shall end on 31st December in each year and, following the year of incorporation, shall begin on 1st January in each year. 47 Transfer by Way of Continuation If the Company is exempted as defined in the Statute, it shall, subject to the provisions of the Statute and with the approval of a Special Resolution passed in accordance with this Article 48, have the power to register by way of continuation as a body corporate under the laws of any jurisdiction outside the Cayman Islands and to be deregistered in the Cayman Islands. 48 Mergers and Consolidations The Company shall have the power to merge or consolidate with one or more other constituent companies (as defined in the Statute) upon such terms as the Directors may determine and (to the extent required by the Statute) with the approval of a Special Resolution. 49 Business Combination

49.1	Notwithstanding any other provision of the Articles, this Article shall apply during
the period commencing upon the adoption of the Articles and terminating upon the first
to occur of the consummation of a Business Combination and the full distribution of
the Trust Account pursuant to this Article. In the event of a conflict between this
Article and any other Articles, the provisions of this Article shall prevail.

49.2	Prior to the consummation of a Business Combination, the Company shall either:

(a)	submit such Business Combination to its Members for approval; or

(b)	provide Members with the opportunity to have their Shares repurchased by means of
a tender offer for a per-Share repurchase price payable in cash, equal to the aggregate
amount then on deposit in the Trust Account, calculated as of two business days prior
to the consummation of such Business Combination, including interest earned on the
Trust Account (which interest shall be net of Permitted Withdrawals), divided by the number of then issued Public Shares.

49.3	If the Company initiates any tender offer in accordance with Rule 13e-4 and Regulation 14E of the Exchange Act in connection with a proposed Business Combination, it shall file tender offer documents with the Securities and
Exchange Commission prior to completing such Business Combination which contain substantially
the same financial and other information about such Business Combination and the redemption
rights as is required under Regulation 14A of the Exchange Act. If, alternatively,
the Company holds a general meeting to approve a proposed Business Combination, the Company will conduct any redemptions in conjunction with
a proxy solicitation pursuant to Regulation 14A of the Exchange Act, and not pursuant
to the tender offer rules, and file proxy materials with the Securities and Exchange
Commission.

49.4	At a general meeting called for the purposes of approving a Business Combination pursuant
to this Article, in the event that such Business Combination is approved by Ordinary
Resolution, the Company shall be authorised to consummate such Business Combination.

49.5	Any Member holding Public Shares who is not the Sponsor, a Founder [(excluding the Consultant)], Officer or Director may, in connection with any vote on a proposed Business Combination, elect to have their Public Shares redeemed for cash in accordance with any applicable requirements provided for in the related proxy
materials (the IPO Redemption ) including, without limitation, such requirements with respect to the deadline for
making such election (the Election Deadline ), provided that (a) no such Member, together with any Affiliate of such Member or any other person with whom such Member
is acting in concert or as a “group” (as defined under Section 13 of the Exchange Act) may exercise this redemption right with respect to more than fifteen per cent (15%) of the Public Shares in the aggregate without the prior consent of the Company and (b) if the Company requires in its sole discretion, any holder that holds Public Shares beneficially through a nominee must identify itself to the Company
in connection with any redemption election in order to validly redeem such Public
Shares. Notwithstanding the foregoing sentence, the board of Directors may, at any time and
either before or after the initially scheduled vote on a Business Combination, in
its sole discretion extend the Election Deadline to a later date and may extend an
Election Deadline which has already been extended. If so demanded, the Company shall pay any such redeeming Member, regardless of whether
he is abstaining from voting on or voting for or against such proposed Business Combination, a per-Share redemption price
payable in cash, equal to the aggregate amount then on deposit in the Trust Account
calculated as of two business days prior to the consummation of the Business Combination,
including interest earned on the Trust Account (which interest shall be net of Permitted Withdrawals), divided by the number of then issued Public Shares (such redemption price being
referred to herein as the Redemption Price ), subject to Applicable Law, but only in the event that the applicable proposed Business Combination is approved
and in connection with its consummation.

49.6	A Member may not withdraw a Redemption Notice once submitted to the Company unless
the Directors or the Company’s authorized officers determine (in their sole discretion) to permit the withdrawal of such redemption
request (which they may do in whole or in part).

49.7	In the event that the Company does not consummate a Business Combination within the Completion Window or the Directors otherwise resolve to wind up the Company, the Company shall:

(a)	cease all operations except for the purpose of winding up;

(b)	as promptly as reasonably possible but not more than ten (10) business days thereafter,
subject to lawfully available funds, redeem the Public Shares, at a per-Share price,
payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the Trust Account (which interest shall be net of Permitted Withdrawals and less up to $100,000 of interest to pay dissolution expenses), divided by the number of
Public Shares then in issue, which redemption will completely extinguish public Members’ rights as Members (including the right to receive further liquidation distributions,
if any) subject to applicable law; and

(c)	as promptly as reasonably possible following such redemption, subject to the approval
of the Company’s remaining Members and the Directors, liquidate and dissolve,

subject in each case to the Company’s obligations under Cayman Islands law to provide for claims of creditors and in all
cases subject to the other requirements of Applicable Law.

(a)	In the event that any amendment is made to the Articles not for the purposes of approving, or in conjunction with the consummation of, a Business Combination:

(i)	to modify the substance or timing of the Company’s obligation to allow redemption in connection with a Business Combination or to redeem
one hundred per cent (100%) of the Public Shares if the Company has not consummated a Business Combination within the Completion Window; or

(ii)	with respect to any other material provisions relating to (i) the rights of holders of Ordinary Shares; or (ii) pre-initial Business Combination activity,

each holder of Public Shares who is not the Sponsor, a Founder [(excluding the Consultant)], Officer or Director shall be provided with the opportunity to redeem their Public
Shares upon the effectiveness of any such amendment at a per-Share price, payable
in cash, equal to the aggregate amount then on deposit in the Trust Account, including
interest earned on the Trust Account (which interest shall be net of Permitted Withdrawals), divided by the number of Public Shares then in issue, subject to Applicable Law.

49.8	Except for Permitted Withdrawals, a holder of Public Shares shall be entitled to receive distributions from the Trust
Account only in the event of an IPO Redemption, a repurchase of Shares by means of
a tender offer pursuant to this Article, or a distribution of the Trust Account pursuant
to this Article. In no other circumstance shall a holder of Public Shares have any
right or interest of any kind in the Trust Account.

49.9	After the issue of Public Shares, and prior to the consummation of a Business Combination,
the Company shall not issue additional Shares or any other securities that would entitle the holders
thereof to:

(a)	receive funds from the Trust Account; or

(b)	vote as a class with Public Shares on a Business Combination.

49.10	A Director may vote in respect of a Business Combination in which such Director has
a conflict of interest with respect to the evaluation of such Business Combination.
Such Director must disclose such interest or conflict to the other Directors.

49.11	The Company shall not enter into an initial Business Combination solely with another
blank cheque company or a similar company with nominal operations.