SPAC Berto Acquisition II files for a $250 million IPO, targeting AI and AI infrastructure
IPO Overview
Berto Acquisition II, a blank check company targeting AI and AI infrastructure, backed by SPAC veteran Harry You, filed on Monday with the SEC to raise up to $250 million in an initial public offering.
The company plans to raise $250 million by offering 25 million units at $10. Each unit consists of one share of common stock, and one-third of one warrant to purchase a share, exercisable at $11.50.
Berto Acquisition II is led by Executive Chairman Vikas Mittal, the founder and Chief Investment Officer of Meteora. He is joined by CFO and President Robert You, the son of SPAC veteran Harry You. Robert You, who is 24 years old at the time of publication, previously had a stint as an analyst at J.P. Morgan for 10 months. His father, Harry You, is managing the SPAC’s sponsor. The SPAC intends to target AI, AI infrastructure, and the supply chain ecosystem, including mission critical components, data, energy, and infrastructure businesses enabling the scaling of AI. This includes, but is not limited to, advanced nuclear technologies, such as small modular reactor developers.
Management’s previous SPAC includes Berto Acquisition （TACOU; +5% from $10 offer price）， which went public in 2025 and is targeting a business in AI and wellness.
The Las Vegas, NV-based company was founded in 2025. It plans to list on the Nasdaq under the symbol GUACU. Berto Acquisition II filed confidentially on February 20, 2026. Needham & Co. is the sole bookrunner on the deal.
About the Company
We are a blank check company incorporated on July 15, 2025 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. While we may pursue an initial business combination opportunity in any industry or sector, we intend to capitalize on the ability of our management team to identify and combine with a business or businesses that can benefit from our management team’s established relationships and operating experience. While our focus is broad due to our perspective on technology and other growth industries, Harry You, the managing member of our sponsor, having reviewed several thousand acquisition targets over the past two decades, we will be examining in particular opportunities in artificial intelligence （“AI”） and the AI infrastructure and supply chain ecosystem, including mission critical components, data, energy, and infrastructure businesses enabling the scaling of AI. This includes, but is not limited to, advanced nuclear technologies, such as small modular reactor （“SMR”） developers, supporting the growing power demands of AI datacenters, as well as other cutting edge technology companies positioned to benefit from long term secular growth trends. Our articles prohibit us from effectuating a business combination solely with another blank check company or similar company with nominal operations.