$315M
IPO

Berto Acquisition Corp. II is a special purpose acquisition company (SPAC) founded by technology executive Harry You, who serves on the board of Broadcom Inc. The company intends to acquire businesses in artificial intelligence and the AI infrastructure and supply chain ecosystem, including mission-critical components, data, energy, and infrastructure. Its targets may include advanced nuclear technologies such as small modular reactor developers that support the growing power demands of AI data centers.

Underwriters represented by Needham & Company, LLC

Why this matters

At $315 million, this SPAC IPO reflects continued investor appetite for blank-check vehicles targeting AI infrastructure, including the energy and power supply chain that underpins data center growth. The inclusion of small modular reactor developers as explicit targets signals that capital markets are increasingly treating nuclear power as a viable infrastructure play for AI, not a fringe bet. Harry You's Broadcom board seat gives the vehicle credibility in semiconductor and infrastructure circles.

Read the full story at Mintz →