secwatch.observer — SEC 8-K summary
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Issuer:     Legato Merger Corp. III (LEGT)
CIK:        0002002038
Form:       8-K
Filed at:   2026-06-09T23:44:54+00:00
Accession:  0001829126-26-006250
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.06, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Einride completes SPAC merger with Legato, valued at ~$1.35B; begins trading on Nasdaq June 10
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2002038/000182912626006250/0001829126-26-006250-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2002038/000182912626006250/legatomerger3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-006250

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