Legato Merger Corp. III prices $175M IPO at $10.00/unit on NYSE American

Legato Merger Corp. III

IPO of 17.5M units at $10.00 each, total $175M; units begin trading Feb 6 under 'LEGT U'.
Each unit consists of one ordinary share and one-half warrant exercisable at $11.50 per share.
Underwriters granted 45-day option to purchase up to 2.625M additional units for over-allotments.
Management includes CEO Gregory Monahan, Chief SPAC Officer Eric Rosenfeld, CFO Adam Jaffe, and others.
BTIG is sole book-running manager; Craig-Hallum Capital Group is co-manager.

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