secwatch.observer — SEC 8-K summary
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Issuer:     Legato Merger Corp. III (LEGT)
CIK:        0002002038
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001829126-24-000767
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2002038/000182912624000767/0001829126-24-000767-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2002038/000182912624000767/legatomerger3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-000767

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer