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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will be exercisable for cash and the Company will not be obligated to issue ordinary shares upon exercise of a warrant unless the ordinary shares issuable upon such warrant exercise have been registered on a registration statement on Form S-1, Form S-3, Form F-1, or Form F-3, as applicable, following the initial business combination, qualified or deemed exempt from registration or qualification under the securities laws of the state of the exercising holder, or an exemption from registration or qualification is available. In the event that such condition is not satisfied with respect to a warrant, the holder of such warrant will not be entitled to exercise such warrant for cash and such warrant may have no value and expire worthless, in which case the purchaser of a unit containing Public Warrants will have paid the full purchase price for the unit solely for the ordinary shares underlying the unit.

The Company will agree that
as soon as practicable, but in no event later than 20 business days after the closing of the initial business combination, the Company
will use its commercially reasonable efforts to file with the SEC a registration statement on Form S-1, S-3, F-1, or F-3, as applicable,
for the registration under the Securities Act of the ordinary shares issuable upon exercise of the warrants, to cause the same to become
effective within 60 business days following the closing of the initial business combination and to maintain a current prospectus relating
to the ordinary shares issuable upon exercise of the warrants until the expiration of the warrants. If any such registration statement
covering the ordinary shares issuable upon exercise of the warrants is not effective by the 60th business day after the closing
of the initial business combination, then beginning on the 61st business day after the closing of the initial business combination
and ending upon such registration statement being declared effective by the SEC, and during any other period when the Company has failed
to maintain an effective registration statement covering the ordinary shares issuable upon exercise of the Public Warrants, warrant holders
will have the right to exercise such Public Warrants on a “cashless basis” in accordance with Section 3(a)(9) of the
Securities Act or another exemption. Notwithstanding the above, if the ordinary shares are at the time of any exercise of a warrant not
listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1)
of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their warrants to do so on a “cashless
basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so elect, it will not be required
to file or maintain in effect such registration statement.

In addition, if (x) the
Company issues additional ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of
its initial business combination at a newly issued price of less than $9.20 per ordinary share (with the newly issued price to be determined
in good faith by the board of directors and, in the case of any such issuance to the initial shareholders or their affiliates, without
taking into account any Founder Shares held by the initial shareholders or such affiliates, as applicable, prior to such issuance) (y)
the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds (including from such issuances
and the Proposed Public Offering), and interest thereon, available for the funding of the initial business combination on the date of
the consummation of its initial business combination (net of redemptions), and (z) the volume weighted average trading price of the ordinary
shares during the 20 trading-day period starting on the trading day after the day on which) the Company consummates its initial business
combination (such price, the market value) is below $9.20 per share, the exercise price of the warrants will be adjusted (to the nearest
cent) to be equal to 115% of the higher of the market value and the newly issued price, and the last sales price of the ordinary shares
that triggers the Company’s right to redeem the warrants described under “— Redemption of warrants for cash”
will be adjusted (to the nearest cent) to be equal to 180% of the higher of the market value and the newly issued price.

The Private Placement Warrants
are identical to the Public Warrants, except that the Private Placement Warrants and the ordinary shares issuable upon exercise of the
Private Placement Warrants will not be transferable, assignable or salable until 30 days after the completion of the initial business
combination, subject to certain limited exceptions. Additionally, the Private Placement Warrants will be non-redeemable by the Company
and exercisable by such holders on the same basis as the Public Warrants.

Table of Contents

BERTO ACQUISITION CORP.
NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS
MARCH 31, 2026

Redemption of Warrants
for cash. Once the warrants become exercisable, the Company may redeem the outstanding warrants:

●	in whole and not in part;

●	at a price of $0.01 per warrant;

●	upon a minimum of 30 days’ prior written notice of redemption, referred to as the 30-day
redemption period; and

●	if, and only if, the closing price of the ordinary share equals or exceeds $18.00 per share (as
adjusted) for any 20 trading days within a 30 trading-day period ending on the third trading day prior to the date on which the Company
sends the notice of redemption to the warrant holders.

The Company will not redeem
the warrants as described above for cash unless a registration statement under the Securities Act covering the ordinary shares issuable
upon exercise of the warrants is then effective and a current prospectus relating to those ordinary shares is available throughout the
30-day redemption period, except if the warrants may be exercised on a cashless basis and such cashless exercise is exempt from registration
under the Securities.

In no event will the Company
be required to net cash settle any warrant. If the Company is unable to complete an initial business combination within the Completion
Window and the Company liquidates the funds held in the trust account, holders of warrants will not receive any of such funds with respect
to their warrants, nor will they receive any distribution from the Company’s assets held outside of the trust account with the
respect to such warrants. Accordingly, the warrants may expire worthless.

If and when the warrants
become redeemable by the Company, it may exercise the redemption right even if the Company is unable to register or qualify the underlying
securities for sale under all applicable state securities laws.

If the Company calls the
warrants for redemption for cash, as described above, the management will have the option to require all holders that wish to exercise
warrants to do so on a “cashless basis.” In determining whether to require all holders to exercise their warrants on a “cashless
basis,” the management will consider, among other factors, the Company’s cash position, the number of warrants that are outstanding
and the dilutive effect on the shareholders of issuing the maximum number of ordinary shares issuable upon the exercise of the warrants.

Note 8 — Subsequent
Events

The Company evaluated subsequent
events and transactions that occurred after March 31, 2026, the balance sheet date, up to the date the unaudited condensed financial
statements were available to be issued. Based upon this review, the Company did not identify any subsequent events that would have required
adjustment to or disclosure in the unaudited condensed financial statements, except as noted below.

Subsequent to March 31,
2026, the Company borrowed an additional amount of $55,000 under the Note, resulting in an outstanding balance of approximately $123,000.

Table of Contents

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders and the Board of Directors of

Berto Acquisition Corp. II

Opinion on the Financial Statements

We have audited the accompanying balance sheet of Berto Acquisition Corp. II (the “Company”) as of December 31, 2025, and the related statements of operations, changes in shareholders’ equity, and cash flows for the period from July 15, 2025 (inception) through December 31, 2025, and the related notes to the financial statements (collectively the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2025, and the results of its operations and its cash flows for the period from July 15, 2025 (inception) through December 31, 2025, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion