Legato Merger Corp IV | 10-Q: FY2026 Q2 Revenue: USD 0

Revenue: As of FY2026 Q2, the actual value is USD 0.

EPS: As of FY2026 Q2, the actual value is USD 0.04.

EBIT: As of FY2026 Q2, the actual value is USD -799.7 K.

Operational Metrics

Net Income: Legato Merger Corp. IV reported a net income of $686,816 for the three months ended February 28, 2026, and $653,061 for the six months ended February 28, 2026.
Other Income: Interest income and miscellaneous income totaled $743,382 for the three months ended February 28, 2026, which included $738,005 from the trust account, $5,130 from operating accounts, and $247 in miscellaneous income. For the six months ended February 28, 2026, this figure was $743,367, comprising $738,004 from the trust account, $5,216 from operating accounts, and $247 in miscellaneous income.
Operating Expenses: Operating expenses were $56,566 for the three months ended February 28, 2026, and $90,406 for the six months ended February 28, 2026.

Liquidity and Capital Resources

Cash: As of February 28, 2026, Legato Merger Corp. IV held $2,207,369 in cash.
Working Capital: Working capital totaled $2,389,078 as of February 28, 2026.
Investments held in Trust Account: Legato Merger Corp. IV had $230,738,005 in investments held in its Trust Account as of February 28, 2026.
Initial Funding: Liquidity prior to the Initial Public Offering was met by $25,000 from the initial shareholder and $94,225 in loan proceeds from Eric Rosenfeld, which were subsequently repaid. Current liquidity is sourced from net proceeds held outside the Trust Account.

Future Outlook and Strategy

Legato Merger Corp. IV plans to utilize substantially all funds in the Trust Account, excluding deferred underwriting commissions, to acquire a target business or businesses and cover related expenses. The Company anticipates incurring significant costs during the closing of its initial Business Combination. Any remaining proceeds from the Trust Account and other unexpended net proceeds will be allocated as working capital to finance the operations of the acquired target business or businesses.

Revenue: As of FY2026 Q2, the actual value is USD 0.

EPS: As of FY2026 Q2, the actual value is USD 0.04.

EBIT: As of FY2026 Q2, the actual value is USD -799.7 K.

Operational Metrics

Net Income: Legato Merger Corp. IV reported a net income of $686,816 for the three months ended February 28, 2026, and $653,061 for the six months ended February 28, 2026.
Other Income: Interest income and miscellaneous income totaled $743,382 for the three months ended February 28, 2026, which included $738,005 from the trust account, $5,130 from operating accounts, and $247 in miscellaneous income. For the six months ended February 28, 2026, this figure was $743,367, comprising $738,004 from the trust account, $5,216 from operating accounts, and $247 in miscellaneous income.
Operating Expenses: Operating expenses were $56,566 for the three months ended February 28, 2026, and $90,406 for the six months ended February 28, 2026.

Liquidity and Capital Resources

Cash: As of February 28, 2026, Legato Merger Corp. IV held $2,207,369 in cash.
Working Capital: Working capital totaled $2,389,078 as of February 28, 2026.
Investments held in Trust Account: Legato Merger Corp. IV had $230,738,005 in investments held in its Trust Account as of February 28, 2026.
Initial Funding: Liquidity prior to the Initial Public Offering was met by $25,000 from the initial shareholder and $94,225 in loan proceeds from Eric Rosenfeld, which were subsequently repaid. Current liquidity is sourced from net proceeds held outside the Trust Account.