Every 8-K that Legato Merger Corp. III (LEGT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow LEGT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LEGT filings page.
Legato Merger Corp. III completed its business combination with Einride AB, with Legato merging into Einride’s subsidiary and ceasing to exist as a separate entity. Each Legato ordinary share converted into one Einride ordinary share in the form of one American depositary share (ADS), and Legato warrants became exercisable for Einride ADSs.
Einride closed a private placement of 12,235,420 ADSs for an aggregate purchase price of $113.3 million and issued PIPE warrants to purchase 18,353,130 ADSs at an exercise price of $10.90 per ADS. In connection with the extraordinary general meeting, holders of 16,596,675 Legato ordinary shares redeemed their shares for cash from the trust account.
After the transaction, Einride has 140,039,054 ordinary shares outstanding, of which 16,639,056 are represented by ADSs, and 10,340,313 Einride warrants outstanding. Einride’s ADSs and warrants are expected to begin trading on Nasdaq under the symbols ENRD and ENRDW on June 10, 2026. The press release notes the transaction valued Einride at a pre-money equity value of approximately $1.35 billion.
Legato Merger Corp. III reported that shareholders approved its proposed business combination with Einride AB. At an extraordinary general meeting on June 4, 2026, holders voted in favor of the Business Combination Agreement, the related plan of merger, and the organizational documents proposal.
A quorum of 18,688,683 ordinary shares was present, and for each proposal 17,975,925 votes were cast in favor and 712,758 against, with no abstentions or broker non-votes. Because all key proposals passed with strong support, the adjournment proposal was not needed. The company is now seeking to consummate the merger, after which Merger Sub will remain a wholly owned subsidiary of Einride and current Legato shareholders will become Einride shareholders.
Legato Merger Corp. III shareholders approved an extension of the deadline to complete its business combination with Einride, allowing the board to extend monthly for up to three months, through August 8, 2026, if needed. Each one-month extension requires Einride or a related lender to contribute $0.03 per public share into Legato’s trust account.
At the extraordinary general meeting, 21,845,115 ordinary shares were represented and the extension proposal passed with 21,835,897 votes for, 5,782 against and 3,436 abstentions. In connection with the meeting, holders of 3,233,391 public shares elected redemption for about $35.7 million, or $11.04 per share, leaving 16,891,609 public shares outstanding. The first monthly extension payment of $506,748.27 has already been deposited into the trust as Legato continues pursuing the Einride merger.
Legato Merger Corp. III disclosed changes to its planned business combination with Einride and new financing commitments. The parties amended their Business Combination Agreement to reduce Einride’s Equity Value from $1,800,000,000 to $1,350,000,000, lowering the agreed pre-money valuation.
Legato and Einride also entered into PIPE Subscription Agreements under which Einride will sell 12,235,420 American depositary shares for an aggregate purchase price of $113.3 million and issue Warrants to purchase an additional 18,353,130 ADSs at an exercise price of $10.90 per ADS, subject to various anti-dilution and price-adjustment features and beneficial ownership limits.
Legato Merger Corp. III announced a Business Combination Agreement with Einride AB, under which Legato will merge into Einride’s subsidiary, leaving Merger Sub as a wholly owned unit of Einride and Legato shareholders becoming Einride shareholders via American depositary shares.
At closing, each Legato ordinary share will be exchanged 1:1 for one Einride common share, and Legato warrants will convert into Einride warrants on the same basis. Einride will complete a stock split so that 165,137,615 Einride common shares are outstanding immediately after the split and before the merger mechanics. The transaction is expected to close in Q1 2026, subject to shareholder approvals and other conditions.
Governance is expected to include a seven‑member board with at least three independent directors. Lock-ups apply until six months after closing, or earlier if Einride’s share price reaches $18.00 for 20 of 30 trading days, or upon a change of control. SPAC founders agreed to vote in favor, forgo redemptions, potentially transfer up to 1,000,000 shares to incentivize investors, and forfeit up to 2,400,000 initial shares depending on public redemptions.