Berto Acquisition Corp. closes $300.15M SPAC IPO on May 1, 2025

Berto Acquisition Corp.

Closed IPO of 30,015,000 units at $10.00/unit, gross proceeds $300.15M; full over-allotment exercised.
Simultaneous private placement of 3,500,000 Sponsor Private Placement Warrants at $1.00 each, gross $3.50M.
Net proceeds of $300.15M deposited in trust account; audited balance sheet as of May 1, 2025 filed.
Working capital of ~$542,000; 24 months to complete initial business combination ending May 1, 2027.

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