SPAC Berto Acquisition prices upsized $261 million IPO, led by SPAC veteran Harry You
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Berto Acquisition, a SPAC led by Harry You, has successfully raised $261 million in an upsized IPO by offering 26.1 million units at $10 each, exceeding initial expectations. Each unit includes one share of common stock and a half warrant, exercisable at $11.50. The SPAC aims to invest in AI and wellness sectors and plans to list on Nasdaq under the symbol TACOU, with Cohen & Company Securities and Needham & Co. as joint bookrunners.
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