Rosenfeld and Sgro's SPAC Legato Merger IV files for a $200 million IPO, targeting industrials and AI

Legato Merger IV, a blank check company targeting infrastructure, industrials, AI, and tech, filed on Monday with the SEC to raise up to $200 million in an initial public offering.The company plans to raise $200 million by offering 20 million units at $10.00. Each unit consists of one share of common stock and one-third of one warrant, exercisable at $11.50.Legato Merger IV is led by SPAC veterans Vice Chairman David Srgo and Chief SPAC Officer Eric Rosenfeld, who have led nine previous SPACs, the most recent include Legato Merger III (LEGT; +9% from $10 offer price), which announced its plan to merge with Swedish EV/AV trucking company Einride this past November; Legato Merger II, which merged with construction company Southland Holdings (Nasdaq: SLND; -62%) in February 2023; and Legato Merger, with merged with Canada's Algoma Steel (Nasdaq: ASTL; -57%) in October 2021. They are joined by CEO and Director Gregory Monahan, who is Senior Managing Director of Crescendo Partners, and Chairman Brian Pratt. The SPAC plans to target businesses in the infrastructure, industrial, artificial intelligence, and technology industries.The New York, NY-based company was founded in 2025 and plans to list on the NYSE under the symbol LEGO.U. Legato Merger IV filed confidentially on October 14, 2025. BTIG is the sole bookrunner on the deal.