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SPAC · Merger completed

Legato Merger Corp. III

Business combination with Einride AB

Legato Merger Corp. III is a blank-check company (SPAC) that raised $175M in its initial public offering on Feb 6, 2024, listing on NYSE American. It completed its business combination with Einride AB on Jun 9, 2026; the combined company is Einride AB (ENRD). Graubard Miller advised the SPAC and Loeb & Loeb advised the underwriters on the IPO.

Einride AB, founded in 2016, is a technology company that develops and operates digital, electric and autonomous freight solutions. It aims to speed the transition to future-proofed, cost-efficient transportation.

Status
Merger completed
IPO date
Feb 6, 2024
IPO size
$175M
IPO exchange
NYSE American
Target
Einride AB
Announced
Feb 26, 2026
Closed
Jun 9, 2026
Combined company
Einride AB (ENRD)
SPAC counsel (IPO)
Graubard Miller and Maples and Calder
Underwriters' counsel (IPO)
Loeb & Loeb

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Filings

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