Berto Acquisition Corp. (TACOU) Prices Upsized $261M IPO
Berto Acquisition Corp. (NASDAQ:TACOU) announced the pricing of its upsized $261 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “TACOU”, Wednesday, April 30, 2025.
The new SPAC aims to conduct a broad search for a target but will have a particular interest in artificial intelligence, wellness, longevity, and aesthetics.
Berto’s management team is led by Executive Chairman and Interim Chief Financial Officer Harry L. You. The Board also includes Sam Lynn, Darla K. Anderson and Constance Weaver.
Total SPAC deal count for 2025 year-to-date is now 31. This offering is expected to close on Thursday, May 1, 2025.
Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, and Needham & Company, LLC are acting as joint book-running managers of the offering. White & Case LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.