Berto Acquisition, a blank check company led by SPAC veteran Harry You targeting AI and wellness, filed on Friday with the SEC to raise up to $250 million in an initial public offering.
The Las Vegas, NV-based company plans to raise $250 million by offering 25 million units at $10. 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 was founded in 2024 and plans to list on the Nasdaq under the symbol TACOU. Cohen & Company Securities is the sole bookrunner on the deal.
