Berto Acquisition Corp. II completes $315.1 million IPO, files audited balance sheet
Berto Acquisition Corp. II, a blank-check company with no operations, closed its initial public offering of 31,510,000 units at $10.00 per unit on May 18, 2026, generating $315.1 million in gross proceeds. The full $315.1 million was placed in a U.S. trust account to fund a future business combination, and the company filed an audited balance sheet as of May 18, 2026. The filing is a closing and disclosure update, and the trust funds stay in place until a business combination is completed or the company liquidates.
Key points
- IPO closed May 18, 2026: 31,510,000 units at $10.00 each, including 4,110,000 units from the underwriters' full over-allotment exercise.
- Each unit has one ordinary share and one-third of one redeemable warrant, exercisable at $11.50 per share after 30 days from the business combination.
- $315,100,000 placed in trust with Continental Stock Transfer & Trust Company, acting as trustee.
- Private placement of 3,500,000 warrants to the sponsor at $1.00 each, generating $3,500,000 in gross proceeds.
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.