Legato Merger Corp. III Announces Receipt of Audit Opinion with Going Concern Explanation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 13 2025
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Source: Newsfilter
Audit Opinion Disclosure: Legato Merger Corp. III announced that its audited financial statements included a going concern paragraph from its independent accounting firm, as required by NYSE regulations, but this does not alter the company's financial statements or annual report.
Company Overview: The company, incorporated in the Cayman Islands, aims to engage in mergers and acquisitions primarily within the infrastructure, engineering, construction, industrial, and renewables sectors, led by a diverse management team.
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About LEGT
Legato Merger Corp. III is a blank check company. The Company is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The Company intend to focus on target businesses in the infrastructure, engineering and construction, industrial and renewables industries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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