SPAC Berto Acquisition prices upsized $261 million IPO, led by SPAC veteran Harry You

RenaissanceCapital
2025.04.30 12:32
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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.

Berto Acquisition, a blank check company led by SPAC veteran Harry You targeting AI and wellness, raised $261 million by offering 26.1 million units at $10. The company offered 1.1 million more units than anticipated. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.

Berto Acquisition is led by Executive Chairman Harry You, the founder and former Vice Chairman of SaaS company GTY. You has been involved with several SPACs in the past. The SPAC plans to target opportunities in AI as well as in the rapidly growing wellness, longevity, and aesthetics areas.

Berto Acquisition plans to list on the Nasdaq under the symbol TACOU. Cohen & Company Securities and Needham & Co. acted as joint bookrunners on the deal.

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