Legato Merger III(LEGT.US)

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

Legato Merger IV, a SPAC targeting infrastructure, industrials, AI, and tech, filed for a $200 million IPO. Led by SPAC veterans David Srgo and Eric Rosenfeld, the company plans to offer 20 million units at $10 each, listing on NYSE under LEGO.U. BTIG is the sole bookrunner.

Einride and Legato Merger Corp. III Announce Confidential Submission of Draft Registration Statement on Form F-4 | LEGT Stock News

Einride and Legato Merger Corp. III have confidentially submitted a draft registration statement to the SEC for their proposed business combination. This transaction will result in Einride becoming a publicly listed company on the NYSE, expected to close in the first half of 2026. The merger aims to deliver $220 million in gross proceeds to support Einride's technology roadmap and global expansion.

Einride to Go Public in $1.8 Billion Deal with Legato Merger Corp. III

Einride, a Swedish digital freight technology company, plans to go public through a merger with Legato Merger Corp. III, valuing the company at $1.8 billion. Existing shareholders are expected to retain about 83% ownership post-merger, assuming a $100 million PIPE is raised. The deal has been unanimously approved and is expected to close in the first half of 2026, with the current management team continuing to lead the company. A webcast overview of the business and transaction is available on Einride's investor webpage.

Self-driving truck firm Einride to go public via SPAC deal at $1.8 billion valuation

Swedish autonomous trucking company Einride is set to go public in the U.S. through a merger with Legato Merger Corp III, valuing the company at $1.8 billion. The deal aims to capitalize on the demand for clean-energy vehicles, despite challenges faced by other startups in the sector. Einride plans to raise up to $100 million in private investment to accelerate growth, with existing shareholders retaining 83% equity post-merger. Founded in 2016, Einride has a fleet of 200 electric vehicles and over 25 enterprise customers.

Legato Merger III | 10-Q: FY2025 Q3 Revenue: USD 0