--- schema_version: "secwatch.filing_event.v1" accession: "0001829126-26-006250" form_type: "8-K" ticker: "LEGT" cik: "0002002038" company_name: "Legato Merger Corp. III" filed_at: "2026-06-09T23:44:54+00:00" generated_at: "2026-06-10T10:08:36.769904+00:00" event_type: "m_and_a" sentiment: "positive" materiality_score: 0.9 calibrated_materiality_score: 0.9 confidence: "high" source: SEC EDGAR --- # Einride completes SPAC merger with Legato, valued at ~$1.35B; begins trading on Nasdaq June 10 ## Summary - Transaction closed on June 9, 2026; Legato shareholders approved on June 4, 2026. - Einride valued at ~$1.35B pre-money; raised $113M through oversubscribed PIPE financing. - Einride ADS and warrants to trade on Nasdaq under ENRD/ENRDW starting June 10, 2026. - Legato delisted from NYSE American; all Legato directors and officers resigned. - PIPE backed by EQT Ventures and a global asset management company. ## SEC filing metadata - accession: 0001829126-26-006250 - form_type: 8-K - ticker: LEGT - cik: 0002002038 - company_name: Legato Merger Corp. III - filed_at: 2026-06-09T23:44:54+00:00 - event_type: m_and_a - sentiment: positive - materiality_score: 0.9 - calibrated_materiality_score: 0.9 - confidence: high - sec_items: 1.01, 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.06, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/2002038/000182912626006250/0001829126-26-006250-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2002038/000182912626006250/legatomerger3_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001829126-26-006250 - JSON: https://secwatch.observer/filing/0001829126-26-006250.json - Plain text: https://secwatch.observer/filing/0001829126-26-006250.txt ## Key facts - Governance Changes Legato Merger Corp. III: Legato Merger Corp. III ceased to be a shell company upon consummation of the Business Combination. - Change: shell status source text: As a result of the consummation of the Business Combination, Legato ceased to be a shell company. evidence_url: https://www.sec.gov/Archives/edgar/data/2002038/000182912626006250/0001829126-26-006250-index.htm - M&A Transactions Legato Merger Corp. III underwent a change of control involving Einride AB (closed 2026-06-09). - Action: change of control - Counterparty: Einride AB - Closing: 2026-06-09 source text: On June 9, 2026 (the “Closing Date”), pursuant to the Business Combination Agreement, Legato merged with and into Merger Sub, with Merger Sub surviving the merger as a direct, wholly-owned subsidiary of Einride (the “Merger”). evidence_url: https://www.sec.gov/Archives/edgar/data/2002038/000182912626006250/0001829126-26-006250-index.htm - Material Agreements Legato Merger Corp. III entered into New Registration Rights Agreement with Einride, Legato, certain shareholders of Legato and certain shareholders of Einride. - Action: entry - Counterparty: Einride, Legato, certain shareholders of Legato and certain shareholders of Einride source text: On the Closing Date, Einride, Legato, certain shareholders of Legato and certain shareholders of Einride entered into a registration rights agreement (the "New Registration Rights Agreement"), pursuant to which, among other things, Einride agreed to file a registration statement for the resale of certain securities evidence_url: https://www.sec.gov/Archives/edgar/data/2002038/000182912626006250/0001829126-26-006250-index.htm - Material Agreements Legato Merger Corp. III terminated Investment Management Trust Agreement with Legato, Equiniti Trust Company, LLC (effective 2024-02-05). - Action: termination - Counterparty: Legato, Equiniti Trust Company, LLC - Effective: 2024-02-05 source text: the Investment Management Trust Agreement, effective as of February 5, 2024, by and between Legato and Equiniti Trust Company, LLC, and the terminated in accordance with its terms following the distribution of the funds in Legato’s trust account evidence_url: https://www.sec.gov/Archives/edgar/data/2002038/000182912626006250/0001829126-26-006250-index.htm - Material Agreements Legato Merger Corp. III entered into Amended Warrant Agreement with Einride, Equiniti Trust Company, LLC. - Action: entry - Counterparty: Einride, Equiniti Trust Company, LLC source text: On the Closing Date, Legato, Einride and Equiniti Trust Company, LLC, as warrant agent, entered into an assignment, assumption and amendment to warrant agreement (the "Amended Warrant Agreement"), which amended that certain Warrant Agreement, dated February 5, 2024, by and between Legato and Equiniti Trust Company, LLC evidence_url: https://www.sec.gov/Archives/edgar/data/2002038/000182912626006250/0001829126-26-006250-index.htm - Material Agreements Legato Merger Corp. III terminated IPO Registration Rights Agreement with Legato, certain securityholders. - Action: termination - Counterparty: Legato, certain securityholders source text: The New Registration Rights Agreement replaced the registration rights agreement, dated February 5, 2024, by and between Legato and certain securityholders (the “IPO Registration Rights Agreement”). The foregoing descriptions of the Amended Warrant Agreement and the New Registration Rights Agreement do not purport to be complete and are qualified in their entirety by reference to the full text of the Amended Warrant Agreement and the New Registration Rights Agreement, copies of which are filed as Exhibits 4.1 and 10.1, respectively, to this Current Report on Form 8-K and are incorporated herein by reference. evidence_url: https://www.sec.gov/Archives/edgar/data/2002038/000182912626006250/0001829126-26-006250-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.