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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be cancelled on such terms as the Directors think fit. Where for the purposes of its disposal a forfeited Share is to be transferred to any person the Directors may authorise some person to execute an instrument of transfer of the Share in favour of that person. 15.4 A person any of whose Shares have been forfeited shall cease to be a Member in respect of them and shall surrender to the Company for cancellation the certificate for the Shares forfeited and shall remain liable to pay to the Company all monies which at the date of forfeiture were payable by him to the Company in respect of those Shares together with interest at such rate as the Directors may determine, but his liability shall cease if and when the Company shall have received payment in full of all monies due and payable by him in respect of those Shares.

15.5	A certificate in writing under the hand of one Director or Officer that a Share has
been forfeited on a specified date shall be conclusive evidence of the facts stated
in it as against all persons claiming to be entitled to the Share. The certificate
shall (subject to the execution of an instrument of transfer) constitute a good title
to the Share and the person to whom the Share is sold or otherwise disposed of shall
not be bound to see to the application of the purchase money, if any, nor shall his
title to the Share be affected by any irregularity or invalidity in the proceedings
in reference to the forfeiture, sale or disposal of the Share.

15.6	The provisions of the Articles as to forfeiture shall apply in the case of non-payment
of any sum which, by the terms of issue of a Share, becomes payable at a fixed time,
whether on account of the par value of the Share or by way of premium as if it had
been payable by virtue of a call duly made and notified.

16	Transmission of Shares

16.1	If a Member dies, the survivor or survivors (where he was a joint holder), or his
legal personal representatives (where he was a sole holder), shall be the only persons
recognised by the Company as having any title to his Shares. The estate of a deceased
Member is not thereby released from any liability in respect of any Share, for which
he was a joint or sole holder.

16.2	Any person becoming entitled to a Share in consequence of the death or bankruptcy
or liquidation or dissolution of a Member (or in any other way than by transfer) may,
upon such evidence being produced as may be required by the Directors, elect, by a
notice in writing sent by him to the Company, either to become the holder of such
Share or to have some person nominated by him registered as the holder of such Share.
If he elects to have another person registered as the holder of such Share he shall
sign an instrument of transfer of that Share to that person. The Directors shall,
in either case, have the same right to decline or suspend registration as they would
have had in the case of a transfer of the Share by the relevant Member before his
death or bankruptcy or liquidation or dissolution, as the case may be.

16.3	A person becoming entitled to a Share by reason of the death or bankruptcy or liquidation
or dissolution of a Member (or in any other case than by transfer) shall be entitled
to the same Dividends, other distributions and other advantages to which he would
be entitled if he were the holder of such Share. However, he shall not, before becoming
a Member in respect of a Share, be entitled in respect of it to exercise any right
conferred by membership in relation to general meetings of the Company and the Directors
may at any time give notice requiring any such person to elect either to be registered
himself or to have some person nominated by him be registered as the holder of the
Share (but the Directors shall, in either case, have the same right to decline or
suspend registration as they would have had in the case of a transfer of the Share
by the relevant Member before his death or bankruptcy or liquidation or dissolution
or any other case than by transfer, as the case may be). If the notice is not complied
with within ninety days of being received or deemed to be received (as determined
pursuant to the Articles), the Directors may thereafter withhold payment of all Dividends,
other distributions, bonuses or other monies payable in respect of the Share until
the requirements of the notice have been complied with.

17	Amendments of Memorandum and Articles and Alteration of Capital

17.1	The Company may by Ordinary Resolution:

(a)	increase its share capital by such sum as the Ordinary Resolution shall prescribe
and with such rights, priorities and privileges annexed thereto, as the Company in
general meeting may determine;

(b)	consolidate and divide all or any of its share capital into Shares of larger amount
than its existing Shares;

(c)	convert all or any of its paid-up Shares into stock, and reconvert that stock into
paid-up Shares of any denomination;

(d)	by subdivision of its existing Shares or any of them divide the whole or any part
of its share capital into Shares of smaller amount than is fixed by the Memorandum
or into Shares without par value; and

(e)	cancel any Shares that at the date of the passing of the Ordinary Resolution have
not been taken or agreed to be taken by any person and diminish the amount of its
share capital by the amount of the Shares so cancelled.

17.2	All new Shares created in accordance with the provisions of the preceding Article
shall be subject to the same provisions of the Articles with reference to the payment
of calls, liens, transfer, transmission, forfeiture and otherwise as the Shares in
the original share capital.

17.3	Subject to the provisions of the Statute, the provisions of the Articles as regards
the matters to be dealt with by Ordinary Resolution and Article 48.2, the Company may by Special Resolution:

(a)	change its name;

(b)	alter or add to the Articles (subject to Article 48.2);

(c)	alter or add to the Memorandum with respect to any objects, powers or other matters
specified therein; and

(d)	reduce its share capital or any capital redemption reserve fund.

18	Offices and Places of Business

Subject to the provisions of the Statute, the Company may by resolution of the Directors
change the location of its Registered Office. The Company may, in addition to its
Registered Office, maintain such other offices or places of business as the Directors
determine.

19	General Meetings

19.1	All general meetings other than annual general meetings shall be called extraordinary
general meetings.

19.2	The Company may, but shall not (unless required by the Statute or the rules of the Designated Stock Exchange) be obliged to, in each year hold a general meeting as its annual general meeting,
and shall specify the meeting as such in the notices calling it. Any annual general
meeting shall be held at such time and place as the Directors shall appoint. At these
meetings the report of the Directors (if any) shall be presented.

19.3	The Directors, the chief executive officer or the chairman of the board of Directors
may call general meetings and, for the avoidance of doubt, except as expressly provided in Article 20.4 below, Members shall not have the ability to call general meetings.

19.4	If at any time there are no Directors, any two (2) Members (or if there is only one
(1) Member then that Member) entitled to vote at general meetings of the Company may
convene a general meeting in the same manner as nearly as possible as that in which
general meetings may be convened by the Directors.

20	Notice of General Meetings

20.1	At least five (5) clear days’ notice shall be given of any general meeting. Every notice shall specify the place,
the day and the hour of the meeting and the general nature of the business to be conducted
at the general meeting and shall be given in the manner hereinafter mentioned or in
such other manner if any as may be prescribed by the Company, provided that a general
meeting of the Company shall, whether or not the notice specified in this Article
has been given and whether or not the provisions of the Articles regarding general
meetings have been complied with, be deemed to have been duly convened if it is so
agreed:

(a)	in the case of an annual general meeting, by all of the Members entitled to attend
and vote thereat; and