Legato Merger Corp. III (LEGT) owners report 0 shares; Simpson holds dispositive power

Rhea-AI Filing Summary

Legato Merger Corp. III joint Schedule 13G/A amendment reports beneficial ownership details for Wealthspring Capital LLC and Matthew Simpson. The filing states 0 shares beneficially owned (0%) and shows 2 shares as to which Matthew Simpson has sole dispositive power. The submission includes a Joint Filing Agreement signed July 8, 2026.

Insights

Corporate Governance Specialist

Routine Schedule 13G/A update showing ownership disclosures and a joint filing agreement.

The filing records that Wealthspring Capital LLC and Matthew Simpson report 0 shares beneficially owned (0%) of Legato Merger Corp. III, while Mr. Simpson is shown with sole dispositive power over 2 shares. The document is procedural, aligning reporting persons under a joint filing agreement.

Cash‑flow treatment and transaction intent are not stated. Subsequent filings could clarify if the dispositive power reflects voting arrangements or administrative holdings.

Key Figures

Beneficially owned: 0 shares Percent of class: 0% Sole dispositive power (Matthew Simpson): 2 shares +2 more

5 metrics

Beneficially owned 0 shares Amount beneficially owned (Schedule 13G/A)

Percent of class 0% Percent of class reported in the amendment

Sole dispositive power (Matthew Simpson) 2 shares Number of shares as to which sole power to dispose is reported

CUSIP G5451A103 Ordinary Shares of Legato Merger Corp. III

Joint Filing Agreement date July 8, 2026 Execution date of the Joint Filing Agreement (Exhibit 99.1)

Key Terms

Schedule 13G/A, Joint Filing Agreement, Sole Dispositive Power

3 terms

Schedule 13G/A regulatory

"Amendment No. 1 describing ownership disclosure"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

Joint Filing Agreement legal

"Exhibit 99.1 JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)"

Sole Dispositive Power financial

"Number of shares as to which the person has sole power to dispose"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/09/2026 - 05:39 PM Accepted by SEC EDGAR 07/09/2026 - 05:38 PM Learn about SEC filing dates

FAQ

What does the Schedule 13G/A filed for LEGT show?

It shows 0 shares beneficially owned (0%) by the reporting persons and that Matthew Simpson has sole dispositive power over 2 shares. The filing includes a signed Joint Filing Agreement dated July 8, 2026.

Does Wealthspring Capital LLC report ownership of Legato Merger Corp. III shares?

No. The filing lists Wealthspring Capital LLC as holding 0 shares and 0% of the class. Related voting and dispositive power entries for Wealthspring are reported as 0 in the amendment.

What is the significance of Matthew Simpson having sole dispositive power over 2 shares?

It indicates Mr. Simpson can direct disposition for 2 shares, according to the table. The filing does not state whether those shares are beneficially owned or the commercial purpose; context is limited to the reported control metric.

When was the Joint Filing Agreement executed for this Schedule 13G/A?

The Joint Filing Agreement is executed and dated July 8, 2026. It states the reporting persons agree to jointly file and accept responsibility for their respective information in the statement.

What CUSIP and class of securities are covered by this filing?

The filing covers Ordinary Shares of Legato Merger Corp. III with CUSIP G5451A103. The issuer address is listed as 777 Third Avenue, 37th Floor, New York, NY 10017.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Legato Merger Corp. III

(Name of Issuer)

Ordinary Shares

(Title of Class of Securities)

G5451A103

(CUSIP Number)

06/10/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): G5451A103

1

Names of Reporting Persons

Wealthspring Capital LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IA, PN

SCHEDULE 13G

CUSIP Number(s): G5451A103

1

Names of Reporting Persons

Matthew Simpson

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

HC, IA, IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Legato Merger Corp. III
(b)	Address of issuer's principal executive offices: 777 THIRD AVENUE, 37TH FLOOR, NEW YORK, NEW YORK 10017
Item 2.
(a)	Name of person filing: Wealthspring Capital LLC Matthew Simpson
(b)	Address or principal business office or, if none, residence: 2 WESTCHESTER PARK DRIVE SUITE 108 WEST HARRISON, New York 10604
(c)	Citizenship: Wealthspring Capital LLC - NEW YORK Matthew Simpson - UNITED STATES
(d)	Title of class of securities: Ordinary Shares
(e)	CUSIP No.: G5451A103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Wealthspring Capital LLC - 0 Matthew Simpson - 0
	(ii) Shared power to vote or to direct the vote: Wealthspring Capital LLC - 0 Matthew Simpson - 0
	(iii) Sole power to dispose or to direct the disposition of: Wealthspring Capital LLC - 0 Matthew Simpson - 2
	(iv) Shared power to dispose or to direct the disposition of: Wealthspring Capital LLC - 0 Matthew Simpson - 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Wealthspring Capital LLC

Signature:	/s/ Matthew Simpson
Name/Title:	Matthew Simpson / Manager
Date:	07/08/2026

Matthew Simpson

Signature:	/s/ Matthew Simpson
Name/Title:	Matthew Simpson
Date:	07/08/2026

Exhibit Information

Exhibit 99.1 JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them a statement on Schedule 13G (including amendments thereto, if any) with respect to the ordinary shares of Legato Merger Corp. III, and that this Agreement may be included as an Exhibit to such joint filing. Each of the undersigned agrees to be responsible for the timely filing of the Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of July 8, 2026. Wealthspring Capital LLC /s/ Matthew Simpson Name: Matthew Simpson Title: Manager /s/ Matthew Simpson Name: Matthew Simpson