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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any 30-trading day period commencing at least 150 days after our initial business combination, or (y) the date on which we complete a liquidation, merger, share exchange, reorganization or other similar transaction that results in all of our shareholders having the right to exchange their ordinary shares for cash, securities or other property, and (ii) in the case of the private placement warrants and the respective ordinary shares underlying such warrants, until 30 days after the completion of our initial business combination except in each case (a) to our officers or directors, any affiliate or family member of any of our officers or directors, any members or partners of our sponsor or their affiliates, any affiliates of our sponsor, or any employees of such affiliates; (b) in the case of an individual, as a gift to such person’s immediate family or to a trust, the beneficiary of Table of Contents

which is a member of such person’s immediate family, an affiliate of such person or to a charitable organization; (c) in the case of an individual, by virtue of laws of descent and distribution upon death of such person; (d) in the case of an individual, pursuant to a qualified domestic relations order; (e) by private sales or transfers made in connection with any forward purchase agreement or similar arrangement or in connection with the consummation of a business combination at prices no greater than the price at which the shares or warrants were originally purchased; (f) by virtue of the laws of the Cayman Islands or our sponsor’s limited liability company agreement upon dissolution of our sponsor, (g) to the company for no value for cancellation in connection with the consummation of an initial business combination; (h) in the event of our liquidation prior to our consummation of our initial business combination; (i) to a nominee or custodian of a person or entity to whom a disposition or transfer would be permissible under clauses (a) through (f) above; and (j) in the event that, subsequent to the consummation of an initial business combination, we complete a liquidation, merger, share exchange or other similar transaction which results in all of our shareholders having the right to exchange their ordinary shares for cash, securities or other property; provided, however, that in the case of clauses (a) through (f) or (h), these permitted transferees must enter into a written agreement with the company agreeing to be bound by the transfer restrictions herein and the other restrictions contained in this Agreement (including provisions relating to voting, the Trust Account and liquidating distributions).

Registration Rights

The holders of the (i) founder
shares, which were issued in a private placement prior to the closing of this offering, (ii) private placement warrants, which will be
issued in a private placement simultaneously with the closing of this offering and the ordinary shares underlying such private placement
warrants and (iii) private placement warrants that may be issued upon conversion of working capital loans will have registration rights
to require us to register a sale of any of our securities held by them prior to the consummation of our initial business combination pursuant
to a registration rights agreement to be signed prior to or on the effective date of this offering. Pursuant to the registration rights
agreement, and assuming the underwriters exercise their over-allotment option in full and up to $[1,500,000] of working capital loans
are converted into private placement warrants, we will be obligated to register up to [12,187,500] ordinary shares and [5,000,000] warrants.
The number of ordinary shares includes (i) 7,187,500 founder shares held by the initial shareholders, (ii) [3,500,000] ordinary shares underlying
the private placement warrants and (iii) up to [1,500,000] ordinary shares underlying the private placement warrants issued upon conversion
of working capital loans. The number of warrants includes [3,500,000] private placement warrants, and up to [1,500,000] private placement
warrants issued upon conversion of working capital loans. The holders of founder shares, private placement warrants and working capital
warrants are entitled to make up to three demands, excluding short form demands, that we register such securities. In addition, the holders
of founder shares, private placement warrants, and working capital warrants have certain “piggy-back” registration rights
with respect to registration statements filed subsequent to our completion of our initial business combination. We will bear the expenses
incurred in connection with the filing of any such registration statements.

Table of Contents

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS

In December 2025, our
sponsor and sponsor affiliates paid $23,782.61 for an aggregate of 6,837,500 founder shares (up to 937,500 of which will be surrendered
to us for no consideration after the closing of this offering depending on the extent to which the underwriters’ over-allotment
option is exercised), and Oanh Truong and a consultant (neither of whom is affiliated with the sponsor) each paid $173.91 and $1,043.48
for an aggregate of 50,000 and 300,000 founder shares, respectively, (none of which are subject to forfeiture in connection with the exercise
of the over-allotment option), for a total of 7,187,500 founder shares issued for an aggregate purchase price of $25,000, or approximately
$0.003 per share. The “sponsor affiliates” include Harry You, who acts as our Chief Executive Officer and Chairman of our
Board and the managing member of the Sponsor and Robert You, adult son of Harry You. Harry You directly owns membership interests in our
sponsor. Out of the total 6,837,500 founder shares held by our sponsor and sponsor affiliates, the sponsor, Harry You and Robert You each
directly holds 2,525,000, 2,300,000 and 2,012,500 founder shares, respectively, each purchased at approximately $0.003 per share. The
number of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of
28,750,000 units if the underwriters’ over-allotment option is exercised in full, and therefore that such founder shares would represent
20% of the outstanding shares after this offering. Up to 937,500 of the founder shares held by the sponsor and sponsor affiliates will
be forfeited depending on the extent to which the underwriters’ over-allotment option is exercised. If we increase or decrease the
size of the offering, we will effect with our sponsor a share dividend or share surrender or other appropriate mechanism, as applicable,
with respect to our founder shares immediately prior to the consummation of this offering in such amount as to maintain the number of
founder shares at 20% of our issued and outstanding ordinary shares upon the consummation of this offering.

Our sponsor in this offering has committed to purchase an aggregate of [3,500,000] private placement warrants (including if the underwriters’ over-allotment option is exercised in full), each exercisable to purchase one ordinary share at a price of $11.50 per share, at a price of $1.00 per warrant, for an aggregate purchase price of $[3,500,000], in a private placement that will occur simultaneously with the closing of this offering. The private placement warrants are identical to the warrants sold as part of the units in this offering except that: (i) they may not (including the ordinary shares issuable upon exercise of these warrants), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of our initial business combination; (ii) they (including the underlying shares) will be entitled to registration rights; (iii) they will not be redeemable by us; and (iv) they may be exercised by the holders on a cashless basis. A portion of the purchase price of the private placement warrants will be added to the proceeds from this offering to be held in the trust account such that at the time of closing of this offering $250,000,000 (or $287,500,000 if the underwriters exercise their over-allotment option in full) will be held in the trust account.

We currently utilize office
space at 1180 North Town Center Drive, Suite 100, Las Vegas, Nevada 89144 from our sponsor. We consider our current office space adequate
for our current operations. Subsequent to the closing of this offering, we will pay our sponsor and/or its affiliates or designees an
aggregate of up to $[15,000] per month for office space, secretarial, administrative and support services provided to us and members of
our management team. Upon completion of our initial business combination or our liquidation, we will cease paying these monthly fees.