S-1/A ·Filed May 12, 2026
IPO registration amendment
Actionable Insight • Neutral
Monitor for target announcement or definitive agreement within 24 months; typical SPAC risk of liquidation if no deal is reached.
Executive Summary
Berto Acquisition Corp. II, a blank check SPAC, filed Amendment No. 1 to its S-1 for a $250 million IPO (25 million units at $10.00/unit). The company has no operating history or revenue target yet, focusing on AI and AI infrastructure. The filing is routine with no material changes from the prior S-1.
Key Financial Metrics
Price Range
$10.00 per unit
Key Facts
- 25,000,000 units at $10.00 per unit, gross proceeds $250 million
- Each unit: one ordinary share + one-third redeemable warrant at $11.50 exercise price
- Sponsor purchased 3.5 million private placement warrants at $1.00 each
- Founder shares issued at ~$0.003 per share, representing 20% post-IPO ownership
- Trust account funded with $250 million ($10.00 per public share)
- 24-month window (27 with LOI) to complete initial business combination
- Management team led by Harry You and Vikas Mittal with extensive SPAC experience
Financial Impact
IPO raising $250 million; no operating revenue or income as a pre-revenue SPAC
dilutioncash position
Risk Factors
- No identified business combination target
- Potential failure to complete deal within 24 months leading to liquidation
- Significant dilution from founder shares purchased at nominal price
- Management conflicts of interest with other SPACs overseen by same team
Documents Analyzed
This report is based on 2 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| S-1/A Filing (Primary) | 0001829126-26-005001 |
| Document: bertoacquisition2_ex1-1.htm | 0001829126-26-005001 |
9 reports for GUAC
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 1, 2026 16w ago | 8-K | — | awaiting T+20 | — | — |
May 18, 2026 23w ago | 8-K | — | awaiting T+20 | — | — |
May 15, 2026 23w ago | EFFECT | — | awaiting T+20 | — | — |
May 14, 2026 23w ago | Press Release | — | awaiting T+20 | — | — |
May 14, 2026 23w ago | 3 | — | awaiting T+20 | — | — |
May 14, 2026 23w ago | 3 | — | awaiting T+20 | — | — |
May 14, 2026 23w ago | 3 | — | awaiting T+20 | — | — |
May 14, 2026 23w ago | 3 | — | awaiting T+20 | — | — |
May 12, 2026 23w ago | S-1/A | — | awaiting T+20 | — | — |
Showing 9 of 9
US Market Status
Market Closed — Opens in 3h 12m
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