Legato Merger Corp. III
LEGT-UN
New York Stock Exchange Arca18.00
USD
+0.16
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Legato Merger Corp. III
LEGT-UN
(New York Stock Exchange Arca)
Recent
price
18.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Legato Merger Corp. III (NYSE American: LEGT-UN) is a blank check company with no significant operations that intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company, incorporated in 2023 as a Cayman Islands exempted company and based in New York, New York, primarily targets private companies with an equity value exceeding $400 million in the infrastructure, engineering and construction, industrial, and renewables industries; it went public in February 2024 with approximately $216.8 million in its trust account as of August 31, 2025. In November 2025, Legato Merger Corp. III entered into a definitive business combination agreement with Einride AB, a Swedish technology company specializing in digital, electric, and autonomous freight solutions, valuing Einride at a $1.8 billion pre-money equity value and anticipating up to $219 million in gross proceeds plus a potential $100 million PIPE financing, with the transaction expected to close in the first half of 2026 subject to customary conditions including regulatory approvals and shareholder votes.