Berto Acquisition Corp. Announces the Separate Trading of its Ordinary Shares and Warrants, Commencing on or about June 5, 2025
NEW YORK--(BUSINESS WIRE)--Jun 2, 2025--
Berto Acquisition Corp. (Nasdaq: TACOU) (the 'Company'), the ninth special purpose acquisition company sponsored by Harry You, today announced that, commencing on or about June 5, 2025, holders of the units sold in the Company's initial public offering completed on May 1, 2025 (the 'offering'), may elect to separately trade the ordinary shares and warrants included in the units.
No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The ordinary shares and warrants that are separated will trade on The Nasdaq Global Market under the symbols 'TACO' and 'TACOW,' respectively, and those units not separated will continue to trade under the symbol 'TACOU.' Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the units into ordinary shares and warrants.
A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the 'SEC') on April 29, 2025. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Berto Acquisition Corp.
Berto Acquisition Corp., which is led by Executive Chairman and Interim Chief Financial Officer Harry You, is a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any industry or sector, and intends to capitalize on the ability of its management team to identify and combine with a business or businesses that can benefit from the management team's established relationships and operating experience. While its focus is broad because of management's perspective on technology, quantum computing and other growth industries, having looked at over a thousand acquisition targets over the past decade, it will be examining in particular, opportunities in artificial intelligence as well as in the rapidly growing wellness, longevity and aesthetics areas.
Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute 'forward-looking statements,' including with respect to the Company's search for an initial business combination. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and final prospectus for the Company's offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250602718943/en/
CONTACT: Harry You
Executive Chairman, Interim Chief Financial Officer
Berto Acquisition Corp.
[email protected]
KEYWORD: NEW YORK UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE
SOURCE: Berto Acquisition Corp.
Copyright Business Wire 2025.
PUB: 06/02/2025 08:35 AM/DISC: 06/02/2025 08:35 AM
http://www.businesswire.com/news/home/20250602718943/en
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
14 minutes ago
- Forbes
Google Confirms Almost All Gmail Users Must Upgrade Accounts
Change your account now. Your email is under attack. You know this, of course, but Google has just confirmed that 61% of email users have been targeted by attacks. If that sounds alarming, the situation with text messaging is even worse, hitting almost all American phone users. Google warns that more than 60% of U.S. users saw 'an increase in scams over the past year,' with more than half 'personally experiencing a data breach.' While these numbers are 'far from surprising,' Google says, what is surprising is that almost all users are yet to upgrade accounts to make them safer and more secure. Most users, Google says, 'still rely on older sign-in methods like passwords and two-factor authentication (2FA),' despite the push to upgrade accounts to passkeys and social sign-ins, which uses authenticated platforms like 'Sign in with Google.' The situation is slightly more promising with younger users. 'Digitally-native Gen Z users are bypassing outdated security norms like passwords, opting for more advanced authentication tools.' This younger generation is 'more reliant on passkeys or social sign-ins,' albeit they're also more likely to reuse and less likely to change passwords. Google warns 'passwords are not only painful to maintain, but are also more prone to phishing and often leaked through data breaches.' And that's the real issue. 'It's important to use tools that automatically secure your account and protect you from scams,' Google tells users, and that means upgrading accounts now. Google says 'we want to move beyond passwords altogether, while keeping sign-ins as easy as possible.' That includes social sign ins, but mainly it means passkeys. 'Passkeys are phishing-resistant and can log you in simply with the method you use to unlock your device (like your fingerprint or face ID) — no password required.' Adding a passkey to your Google account also means 'you can rely on just your Google Account to log in to your favorite websites and apps — limiting the number of accounts you have to maintain.' Put more simply, because passkeys link to your hardware — primarily your phone, this secure device becomes a digital key for critical accounts. Microsoft has gone further than Google and is pushing for users to delete passwords altogether, given they present an account vulnerability if still in place. While you can't do that with your Google account today, you can avoid using your password and you can change 2FA to remove SMS texts and only use options linked to your devices — an authenticator apps or Google prompts. Upgrade your account today.
Fox News
14 minutes ago
- Fox News
The Quiz #427 - That's A Switch
Test your game knowledge on The Quiz and get ready for the Nintendo Switch 2 launch! Play. Share. Listen with the Host of the FOX On Games podcast Eammonn Dignam.
New York Times
19 minutes ago
- New York Times
10 Questions With Whitney Tilson
Whitney Tilson, a former hedge fund executive, entered the New York City mayor's race last year, hoping to follow in the footsteps of former Mayor Michael R. Bloomberg as a business leader who is not part of the political establishment. He has portrayed himself as a moderate alternative to the left-leaning candidates and has qualified for more than $2 million in public matching funds. But in a crowded field, he has struggled to rise above 1 percent in the polls. Ahead of the June 24 primary, the leading Democrats in the race visited The New York Times for interviews. We are publishing excerpts from those interviews, and this is the third in the series; our conversation has been edited for length and clarity. We asked Mr. Tilson, 58, questions about 10 themes, with the occasional follow-up, touching on his love for cycling and his escalating criticism of Zohran Mamdani, a progressive state lawmaker. We've written previously about where Mr. Tilson and the other candidates stand on key issues and which candidates are raising the most money in your neighborhood. I'm trying to elevate the issue of fixing our schools. It's the single biggest part of our budget, and I think it's the root of so many of the other problems we see in our city, from the school-to-prison pipeline to affordability. Want all of The Times? Subscribe.
