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Berto Acquisition Corp has announced the pricing of its upsized $261 million initial public offering, marking the ninth SPAC venture by veteran executive Harry You. The company is offering 26,100,000 units at $10.00 per unit on the Nasdaq Global Market under the symbol "TACOU".
Each unit comprises one ordinary share and one-half redeemable warrant. The company has granted underwriters a 45-day option to purchase up to 3,915,000 additional units. Trading begins April 30, 2025, with closing expected on May 1, 2025.
Led by Executive Chairman Harry You, who brings extensive experience in technology and SPAC transactions, the company aims to merge with businesses focusing on artificial intelligence, wellness, longevity, and aesthetics sectors. You's track record includes successful SPAC combinations with notable companies like Planet Labs, IonQ, and Genius Sports Group, plus involvement in major tech deals such as Dell's acquisition of EMC and Broadcom's VMware purchase.
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