--- title: "Berto Acquisition - Unit | 10-Q: FY2026 Q1 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/286615487.md" datetime: "2026-05-15T21:02:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286615487.md) - [en](https://longbridge.com/en/news/286615487.md) - [zh-HK](https://longbridge.com/zh-HK/news/286615487.md) --- # Berto Acquisition - Unit | 10-Q: FY2026 Q1 Revenue: USD 0 Revenue: As of FY2026 Q1, the actual value is USD 0. EPS: As of FY2026 Q1, the actual value is USD 0.06. EBIT: As of FY2026 Q1, the actual value is USD -3.183 M. BERTO ACQUISITION CORP. operates as a blank check company and does not generate operating revenues, instead earning non-operating income from investments held in its Trust Account . #### Financial Performance (Three Months Ended March 31, 2026 vs. 2025) - **Net Income (Loss)**: The company reported a net income of approximately $2.2 million for the three months ended March 31, 2026, a significant improvement from a net loss of approximately - $18,000 for the same period in 2025 . - **General and Administrative Expenses**: These expenses totaled approximately $482,000 for the three months ended March 31, 2026, including $45,000 accrued to the Sponsor for administrative services, an increase from approximately $18,000 for the three months ended March 31, 2025 . - **Interest Income**: Total interest income from the operating account and investments held in the Trust Account was approximately $2.7 million for the three months ended March 31, 2026, with no such income reported for the same period in 2025 . #### Financial Position (As of March 31, 2026 vs. December 31, 2025) - **Cash and Cash Equivalents**: The company had $209,016 as of March 31, 2026, down from $578,683 as of December 31, 2025 . - **Investments Held in Trust Account**: These investments increased to $311,357,573 as of March 31, 2026, from $308,659,912 as of December 31, 2025 . - **Working Capital**: The company reported a working capital deficit of approximately - $480,000 as of March 31, 2026 . - **Total Current Liabilities**: Total current liabilities were $885,401 as of March 31, 2026, compared to $733,345 as of December 31, 2025 . This includes accounts payable of $167,813 (vs. $169,689), accrued expenses of $367,843 (vs. $46,611), accrued expenses - related parties of $277,500 (vs. $195,000), and due to related party of $72,245 (vs. $322,045) . - **Deferred Underwriting Commissions**: These remained constant at $11,705,850 for both periods . - **Shareholders’ Deficit**: The accumulated deficit increased to - $12,186,839 as of March 31, 2026, from - $11,707,929 as of December 31, 2025 . Total shareholders’ deficit was - $12,186,089 as of March 31, 2026, compared to - $11,707,179 as of December 31, 2025 . #### Operational Metrics - **Public Shares Outstanding**: As of March 31, 2026, and December 31, 2025, 30,015,000 Public Shares were issued and outstanding, all subject to possible redemption . - **Founder Shares Outstanding**: 7,503,750 Founder Shares were issued and outstanding for both periods . - **Weighted Average Shares Outstanding (Public Shares)**: 30,015,000 for the three months ended March 31, 2026 . - **Weighted Average Shares Outstanding (Founder Shares)**: 7,503,750 for the three months ended March 31, 2026, compared to 6,525,000 for the same period in 2025 . - **Basic and Diluted Net Income Per Share (Public Share)**: $0.06 for the three months ended March 31, 2026 . - **Basic and Diluted Net Income (Loss) Per Share (Founder Share)**: $0.06 for the three months ended March 31, 2026, compared to - $0.00 for the same period in 2025 . #### Future Outlook and Strategy BERTO ACQUISITION CORP. is actively seeking an Initial Business Combination, focusing on opportunities in AI, wellness, longevity, and aesthetics . The company’s management has raised substantial doubt about its ability to continue as a going concern due to a mandatory liquidation if a business combination is not completed by May 1, 2027 . The search for a suitable target continues following the expiration of a non-binding letter of intent with OnMed LLC on March 23, 2026 . ### Related Stocks - [TACOU.US](https://longbridge.com/en/quote/TACOU.US.md) ## Related News & Research - [Berto Acquisition Corp. 1Q 2026: Net income $2.22M, EPS $0.06— 10-Q Summary](https://longbridge.com/en/news/286617246.md) - [Berto Acquisition Prices IPO of 27.4 Million Units at $10 per Unit](https://longbridge.com/en/news/286526882.md) - [Uniti Wholesale Expands Dark Fiber and Colocation Footprint in Key Markets | UNIT Stock News](https://longbridge.com/en/news/286779899.md) - [NewMed Energy Q1 FY26 net profit turns to USD 0.1 million](https://longbridge.com/en/news/286874475.md) - [A Look At Uniti Group (UNIT) Valuation After Q1 2026 Fiber Growth And Broadband Expansion](https://longbridge.com/en/news/286516225.md)