Berto Acquisition Corp. filed its quarterly report on Form 10-Q with the SEC on November 13, 2026, covering the three and nine months ended September 30, 2026, disclosing financial results and balance sheet data for the special purpose acquisition company listed on NASDAQ:TACO.

Key Highlights

  • Trust Account balance: Investments held in the Trust Account totaled $317,026,727 as of September 30, 2026, up from $308,659,912 at December 31, 2025.
  • Net income: The company reported net income of $1,333,479 for the three months ended September 30, 2026, and $4,662,661 for the nine months ended September 30, 2026.
  • General and administrative expenses: G&A expenses were $1,602,077 for Q3 2026, compared to $179,492 for Q3 2025, and $3,709,030 for the nine months ended September 30, 2026, versus $426,577 for the same prior-year period.
  • Redemption price per share: 30,015,000 ordinary shares were subject to possible redemption at $10.56 per share as of September 30, 2026, compared to $10.28 per share at December 31, 2025.
  • Shareholders' deficit: Total shareholders' deficit was $(15,411,333) at September 30, 2026, compared to $(11,707,179) at December 31, 2025, with accumulated deficit of $(15,412,083).
  • Cash position: Cash on hand decreased to $48,735 as of September 30, 2026, from $578,683 at December 31, 2025.
  • Shares outstanding: As of November 13, 2026, 37,518,750 ordinary shares, par value $0.0001 per share, were issued and outstanding.

Berto Acquisition Corp. Financial Results and Trust Account Status for Q3 2026

According to the filing, Berto Acquisition Corp. (NASDAQ:TACO) reported net income of $1,333,479 for the three months ended September 30, 2026, driven primarily by investment income from the Trust Account of $2,934,990 and interest income on the operating account of $566. Loss from operations for the same quarter was $(1,602,077), reflecting $1,602,077 in general and administrative expenses, which the filing shows increased substantially compared to $179,492 in Q3 2025.

For the nine months ended September 30, 2026, the company disclosed net income of $4,662,661, with total other income of $8,371,691, of which $8,366,815 came from investment income from the Trust Account. G&A expenses for the nine-month period were $3,709,030, compared to $426,577 for the same period in 2025. The filing reports basic and diluted net income per share of $0.04 for both Public Shares and Founder Shares for Q3 2026, and $0.12 for the nine-month period.

The balance sheet as of September 30, 2026 showed total assets of $317,174,731, with the Trust Account comprising the substantial majority. Total liabilities stood at $15,559,337, including deferred underwriting commissions of $11,705,850 and accrued expenses of $3,183,238. The company disclosed 7,503,750 non-redeemable ordinary shares outstanding at a par value of $0.0001, with no preference shares issued or outstanding. The filing identifies Berto Acquisition Corp. as a shell company, smaller reporting company, and emerging growth company incorporated in the Cayman Islands.

What Was Disclosed

Berto Acquisition Corp. disclosed its unaudited condensed consolidated financial statements for Q3 and the nine months ended September 30, 2026, covering Trust Account balances, operating losses offset by trust investment income, rising G&A costs, and a growing shareholders' deficit.