Berto: Acquisition Corp Upsizes IPO to $300 Million
Deal News | May 05, 2025 | White & Case LLP
Global law firm White & Case LLP has played a crucial role in advising Berto Acquisition Corp. on its initial public offering (IPO), which was upsized to US$300.15 million. This comprises 30.015 million units, priced at US$10.00 per unit, with each unit including one ordinary share and one-half of one redeemable warrant. Trading under the ticker symbol TACOU, the units are now listed on the Nasdaq Global Market. Although Berto is open to pursuing business combinations across various sectors, it is specifically targeting opportunities in artificial intelligence (AI) as well as the wellness, longevity, and aesthetics industries. This marks the sixth IPO of a public acquisition vehicle led by Berto's Chairman, Harry You, all of which have been advised by a dedicated team at White & Case LLP, including key members Joel Rubinstein, Melissa Curvino, Guiying Ji, Karen Chan, Scott Fryman, and Chris Ohlgart.
Sectors
- Capital Markets
- Artificial Intelligence
- Wellness and Aesthetics
Geography
- United States – The IPO is listed on the Nasdaq in the United States, and the advisory law firm White & Case LLP is based in New York and Chicago.
Industry
- Capital Markets – The article discusses an IPO listing on the Nasdaq Global Market, a significant activity within capital markets.
- Artificial Intelligence – Berto Acquisition Corp. is exploring potential business combinations in the AI sector, indicating relevance to this industry.
- Wellness and Aesthetics – Berto Acquisition Corp. is considering opportunities in the wellness, longevity, and aesthetics sectors.
Financials
- US$300.15 million – Upsized initial public offering of Berto Acquisition Corp.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Berto Acquisition Corp. | Issuer | Company | A special purpose acquisition company (SPAC) that recently executed an upsized IPO. |
| White & Case LLP | Legal Advisor | Company | Global law firm that advised Berto Acquisition Corp. on its IPO. |
| Joel Rubinstein | Capital Markets Partner | Person | Partner at White & Case LLP, led the team advising Berto Acquisition Corp. |
| Harry You | Chairman | Person | Chairman of Berto Acquisition Corp., overseeing the company's IPO. |