Berto Acquisition Corp.’s (NASDAQ:TACOU) Quiet Period To End on June 9th

Berto Acquisition’s (NASDAQ:TACOU) quiet period is set to end on Monday, June 9th. Berto Acquisition had issued 26,100,000 shares in its IPO on April 30th. The total size of the offering was $261,000,000 based on an initial share price of $10.00. During Berto Acquisition’s quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Berto Acquisition Price Performance

Berto Acquisition stock opened at $10.78 on Wednesday. Berto Acquisition has a 52 week low of $10.10 and a 52 week high of $10.90.

About Berto Acquisition

We are a blank check company incorporated on July 15, 2024 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target, and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.