M&A
confidence medium
sentiment neutral
materiality 0.70
Legato Merger Corp. III enters definitive business combination with Einride AB; expected close Q1 2026
Legato Merger Corp. III
- Legato will merge with Einride subsidiary; each Legato ordinary share exchanged for one Einride common share (issued as ADSs).
- Legato warrants become warrants to purchase Einride ADSs; lock-up agreements for founders and Einride holders.
- Closing expected Q1 2026, subject to shareholder approvals and regulatory conditions.
- Einride shareholders holding ≥50% support the deal; Legato founders agree to vote for and waive redemption.
- No financial terms (valuation, PIPE) disclosed in the filing; investor presentation attached as exhibit.