---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-000938"
form_type: "8-K"
ticker: "LEGT"
cik: "0002002038"
company_name: "Legato Merger Corp. III"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:43:56.430312+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Legato Merger Corp. III closes IPO of 20.125M units at $10/unit, gross proceeds $201.25M

## Summary
- IPO of 20,125,000 units (incl. 2.625M over-allotment) at $10.00 each, plus 555,625 private placement units at $10.00.
- Gross proceeds $201.25M from IPO and $5.56M from private placement; $201.25M placed in trust account.
- Each unit consists of one ordinary share and one-half warrant exercisable at $11.50 per share.
- Company has 24 months (or 27 with LOI) to complete initial business combination; focus on infrastructure, engineering, industrial, renewables.
- Audited balance sheet as of Feb 8, 2024 shows $203.72M total assets, $7.08M liabilities, and $4.61M accumulated deficit.

## SEC filing metadata
- accession: 0001829126-24-000938
- form_type: 8-K
- ticker: LEGT
- cik: 0002002038
- company_name: Legato Merger Corp. III
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2002038/000182912624000938/0001829126-24-000938-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2002038/000182912624000938/legatomerger3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-000938
- JSON: https://secwatch.observer/filing/0001829126-24-000938.json
- Plain text: https://secwatch.observer/filing/0001829126-24-000938.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.