Berto Acquisition Corp. II filed its quarterly report on Form 10-Q for the period ended June 30, 2026, disclosing financial results following the completion of its Initial Public Offering and the placement of $315,100,000 into a Trust Account.

Key Highlights

  • Trust Account funded: $315,100,000 was deposited into the Trust Account, with total investments held in Trust reported at $316,413,752 as of June 30, 2026.
  • Net income for the quarter: The company reported net income of $1,065,922 for the three months ended June 30, 2026, driven largely by $1,313,752 of investment income from the Trust Account.
  • Shares outstanding: As of August 14, 2026, 39,387,500 ordinary shares, par value $0.0001 per share, were issued and outstanding.
  • Redemption value: 31,510,000 ordinary shares were subject to possible redemption at $10.04 per share as of June 30, 2026.
  • Deferred underwriting commissions: $12,288,900 in deferred underwriting commissions were recorded as a liability on the balance sheet.
  • Shareholders' deficit: Total shareholders' equity (deficit) stood at $(10,484,793) as of June 30, 2026, compared to $911,567 at December 31, 2025.
  • Shell company status: The registrant indicated it is a shell company as defined in Rule 12b-2 of the Exchange Act.

Berto Acquisition Corp. II Reports First Post-IPO Quarter Results and Trust Account Activity

Berto Acquisition Corp. II (NASDAQ:GUAC), a Cayman Islands exempted company incorporated on July 15, 2025, filed its Form 10-Q for the quarterly period ended June 30, 2026. According to the filing, the company was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses it had not yet identified at the time of filing. The company is classified as a non-accelerated filer, smaller reporting company, and emerging growth company.

The filing disclosed that gross proceeds of $315,100,000 were received from the Initial Public Offering, with an additional $3,500,000 received from a private placement of warrants to the Sponsor. The company reported total assets of $318,428,632 as of June 30, 2026, up from $1,096,860 at December 31, 2025, reflecting the IPO proceeds deposited in the Trust Account. General and administrative expenses for the six months ended June 30, 2026 totaled $354,138, resulting in a loss from operations of $354,138, according to the filing. Net income for the six-month period was reported at $959,842, with investment income from the Trust Account of $1,313,752 as the primary offset.

The company reported cash of $1,051,497 at the end of the period, compared to $16,217 at the beginning. Net cash used in operating activities for the six months ended June 30, 2026 was $(286,932), while net cash used in investing activities was $(315,100,000), and net cash provided by financing activities was $316,422,212. The accumulated deficit grew to $(10,485,581) as of June 30, 2026, compared to $(23,490) at December 31, 2025, primarily reflecting remeasurement of ordinary shares subject to possible redemption. Ordinary shares, warrants, and units are each listed on the Nasdaq Stock Market LLC under the symbols GUAC, GUACW, and GUACU, respectively.

What Was Disclosed

The 10-Q covers the quarterly period ended June 30, 2026 for Berto Acquisition Corp. II, reporting post-IPO financials including a $316,413,752 Trust Account balance, $959,842 in net income for the six-month period, and a total shareholders' deficit of $(10,484,793).