1. Holders can trade units separately from June 5, 2025. 2. Separated shares will trade as 'TACO' and warrants as 'TACOW'. 3. Berto Acquisition is exploring AI and wellness business opportunities. 4. No fractional warrants will be issued upon unit separation. 5. Management has examined over a thousand acquisition targets previously.
The separation of units into shares and warrants generally increases investor interest, potentially driving demand and price up, as seen with similar SPACs in the past. For instance, many SPACs experience price appreciation following unit separations, especially when they target high-growth sectors.
The announcement directly influences how current unit holders perceive the value and future potential of TACOU, while the company’s focus on AI and wellness may attract new investors.
The exploration into high-growth sectors such as AI and wellness suggests a commitment to sustained value creation, leading to potential long-term price appreciation for TACOU, similar to other successful SPAC mergers.
NEW YORK--(BUSINESS WIRE)-- 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.