NEW YORK, May 18, 2026 (GLOBE NEWSWIRE) -- Berto Acquisition Corp. II (NASDAQ:GUACU) (the "Company"), the tenth special purpose acquisition company sponsored by Harry You, today announced the closing of its upsized initial public offering of 31,510,000 units at $10.00 per unit, including 4,110,000 units sold pursuant to the full exercise of the underwriters' over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $315,100,000.

The units began trading on The Nasdaq Global Market ("Nasdaq") under the ticker symbol "GUACU" on May 15, 2026. Each unit consists of one ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "GUAC" and "GUACW", respectively.

Concurrently with the closing of the initial public offering, the Company closed on a private placement of 3,500,000 warrants at a price of $1.00 per warrant, resulting in gross proceeds of $3,500,000. The private placement warrants are identical to the warrants sold in this offering, subject to certain limited exceptions as described in the final prospectus.

The Company, which is led by Founder Harry You, is a blank check company incorporated as a ...