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LEGT Overview

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Intellectia

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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.
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Events Timeline

(ET)
2026-05-18
07:20:00
Einride AB and Legato Merger Corp. III SEC Approval for Merger
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2026-04-22 (ET)
2026-04-22
09:40:00
Einride and Legato Merger, Valued at $1.35 Billion
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2026-02-26 (ET)
2026-02-26
09:00:00
Legato Merger Corp. III and Einride Complete $113M PIPE Financing
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News

Newsfilter
7.5
06-08Newsfilter
Einride Partners with Scan Sverige to Electrify Refrigerated Freight
  • Customer Expansion: Einride's partnership with Scan Sverige, Sweden's leading meat producer, highlights the rising demand for scalable fossil-free freight solutions, particularly in high-volume supply chains like food and grocery logistics.
  • Emission Reduction Goals: By replacing conventional diesel trucks on the 160-kilometer refrigerated transport route between Linköping and Eskilstuna, Scan Sverige is expected to reduce emissions by approximately 860 tonnes of CO₂e annually, supporting its climate objectives.
  • Technological Advantage: Einride's end-to-end platform, which integrates electric heavy-duty trucks, its proprietary optimization software Saga AI, and charging infrastructure, ensures seamless deployment without sacrificing delivery precision, thereby enhancing transport efficiency.
  • Commercial Momentum: With over 30 enterprise customers and an expected annual recurring revenue (ARR) of approximately $92 million, Einride demonstrates strong commercial growth momentum, further solidifying its leadership position in intelligent electric and autonomous freight solutions.
Newsfilter
8.5
06-05Newsfilter
Einride and Legato Merger Approved by Shareholders
  • Merger Approval: The merger between Einride and Legato was approved at a special shareholder meeting on June 4, 2026, valuing the transaction at a pre-money equity value of $1.35 billion, reflecting strong market confidence in electric and autonomous freight solutions.
  • Successful Financing: Einride raised $113 million through an oversubscribed PIPE financing in connection with the transaction, attracting new and existing investors including EQT Ventures, providing crucial funding for future expansion and technology development.
  • Expanding Customer Base: Einride currently serves over 30 enterprise customers across seven countries, with expected annual recurring revenue (ARR) of $92 million and potential long-term ARR exceeding $800 million, indicating robust growth potential in the global market.
  • Nasdaq Listing Plans: Upon completion of the merger, Einride's ordinary shares and warrants are expected to commence trading on Nasdaq under the ticker symbols “ENRD” and “ENRDW,” marking a significant step in the company's capital market development and accelerating technology deployment.
Newsfilter
7.5
05-27Newsfilter
Einride Partners with TÜV SÜD for Safety Governance Assessment
  • Safety Governance Assessment: Einride has partnered with TÜV SÜD to launch an independent assessment of its safety governance model, marking a significant step in the maturation of safety governance for autonomous commercial vehicles and ensuring compliance with evolving global regulations and industry standards.
  • Transparency and Market Leadership: CEO Roozbeh Charli emphasized that transparent independent assessments will enhance Einride's market leadership, ensuring that safety management methodologies are independently verified during technological changes, thereby increasing customer trust.
  • Assessment Goals and Methods: TÜV SÜD will evaluate Einride's Safety Management System, focusing on the robustness and maturity of processes to identify strengths and improvement priorities, ensuring the safety of its technology and operations.
  • Future Development and Compliance: Einride's safety governance model will provide critical assurance for its commercial expansion across North America, Europe, and the Middle East, particularly as regulatory frameworks in these regions are still developing, ensuring compliance and competitiveness in emerging markets.
Newsfilter
7.5
05-19Newsfilter
Einride Expands Partnership with Paulig to Electrify Long-Haul Shipments
  • Partnership Expansion: Einride expands its partnership with Paulig, aiming to electrify long-haul shipments for the Santa Maria brand, projected to eliminate 430 tonnes of CO2 emissions annually, significantly advancing sustainability efforts.
  • Route Optimization: The new electric fleet will primarily operate along a 415-kilometer roundtrip route on Sweden's west coast, connecting Paulig's Landskrona production facility to its distribution point in Kungsbacka, enhancing transport efficiency and environmental friendliness.
  • Smart Charging Infrastructure: Einride's smart charging network supports this route, integrating AI-powered Saga software to optimize fleet performance and energy consumption in real-time, thereby improving overall operational efficiency and reducing transport costs.
  • Market Outlook: Einride currently serves over 30 enterprise customers globally, with expected annual recurring revenue of $92 million, and potential long-term revenue exceeding $800 million through joint business plans with blue-chip clients, indicating strong commercial momentum.
Globenewswire
8.5
05-15Globenewswire
Monteverde Law Firm Investigates Multiple M&A Transactions
  • Shareholder Rights Investigation: Monteverde & Associates is investigating the transaction between Modiv Industrial, Inc. and Global Net Lease, Inc., where Modiv shareholders are expected to own approximately 11% of the combined entity, potentially impacting long-term shareholder returns.
  • Cash Return Commitment: Shareholders of Global Business Travel Group, Inc. are expected to receive $9.50 per share in cash, which may provide immediate liquidity and enhance investor confidence in the transaction.
  • Acquisition Price Transparency: KalVista Pharmaceuticals, Inc. shareholders are anticipated to receive $27.00 per share in cash, reflecting market recognition of the company and potentially attracting more investor interest.
  • Merger Voting Arrangement: The merger plan between Legato Meger Corp. III and Einride AB is set for a shareholder vote on June 4, 2026, where shareholders will exchange each Legato ordinary share for Einride common stock, potentially affecting shareholder structure and future earnings.
Newsfilter
8.5
04-22Newsfilter
Einride and Legato Announce Public Filing for Merger
  • Merger Announcement: Einride and Legato Merger Corp. III have filed a Form F-4 registration statement, with plans to list on NASDAQ in Q2 2026 at a pre-money valuation of $1.35 billion, reflecting strong market interest in electric and autonomous freight solutions.
  • Funding Details: The transaction is expected to generate approximately $333 million in gross proceeds, including a $113 million oversubscribed PIPE capital raise, indicating investor confidence in Einride's growth potential and supporting its expansion plans.
  • Commercial Growth: Einride has over 30 enterprise customers across seven countries, with expected annual recurring revenue of $92 million and potential long-term ARR exceeding $800 million through joint business plans with blue-chip clients, showcasing steady growth in market penetration and customer base.
  • Technological Edge: Einride's Freight-Capacity-as-a-Service platform integrates electric trucks, AI optimization software, and charging infrastructure to optimize freight operations, driving the company's long-term sustainable development in the global logistics sector.

Valuation Metrics

The current forward P/E ratio for Legato Merger Corp III (LEGT.A) is 0.00, compared to its 5-year average forward P/E of 0.00. For a more detailed relative valuation and DCF analysis to assess Legato Merger Corp III's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
0.00
Current PE
0.00
Overvalued PE
0.00
Undervalued PE
0.00

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
0.00
Current PS
0.00
Overvalued PS
0.00
Undervalued PS
0.00

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Frequently Asked Questions

What is Legato Merger Corp III (LEGT) stock price today?

The current price of LEGT is 0 USD — it has decreased -5.04

What is Legato Merger Corp III (LEGT)'s business?

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.

What is the price predicton of LEGT Stock?

Wall Street analysts forecast LEGT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LEGT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Legato Merger Corp III (LEGT)'s revenue for the last quarter?

Legato Merger Corp III revenue for the last quarter amounts to -356.91K USD, increased 15.65

What is Legato Merger Corp III (LEGT)'s earnings per share (EPS) for the last quarter?

Legato Merger Corp III. EPS for the last quarter amounts to USD, decreased -100.00

How many employees does Legato Merger Corp III (LEGT). have?

Legato Merger Corp III (LEGT) has 0 emplpoyees as of June 20 2026.

What is Legato Merger Corp III (LEGT) market cap?

Today LEGT has the market capitalization of 0.00 USD.