Welcome to our dedicated page for Einride AB news (Ticker: ENRD), a resource for investors and traders seeking the latest updates and insights on Einride AB stock.
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Einride (Nasdaq: ENRD) began trading its American depositary shares on the Nasdaq Global Market and its warrants on the Nasdaq Capital Market under tickers ENRD and ENRDW.
Founded in 2016, Einride serves 30 global freight customers, reports an $800 million opportunity pipeline and targets a $4.6 trillion freight market with its FCaaS, SaaS and AI platform Saga.
Einride (Nasdaq: ENRD) completed its business combination with Legato Merger Corp. III, approved by Legato shareholders on June 4, 2026. Einride is a technology company focused on cost-efficient autonomous and electric freight.
Einride’s American Depositary Shares and warrants are expected to begin trading on Nasdaq under the symbols ENRD and ENRDW on June 10, 2026. The Transaction values Einride at a pre-money equity value of about $1.35 billion and includes an oversubscribed $113 million PIPE financing supported by new and existing investors.
Deutsche Bank (NYSE:DB) has been appointed depositary bank for the sponsored American Depositary Receipt (ADR) program of Einride AB (NASDAQ:ENRD), effective June 9, 2026.
The Level III ADR is listed on NASDAQ, is DTC-eligible, and represents 1 ADS = 1 ordinary share of Sweden-based Einride.