secwatch / observer

Legato Merger Corp. III — fact timeline

Source-grounded facts extracted from Legato Merger Corp. III's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

LEGT Legato Merger Corp. III JSON
Governance Changes

Legato Merger Corp. III: Legato Merger Corp. III ceased to be a shell company upon consummation of the Business Combination.

“As a result of the consummation of the Business Combination, Legato ceased to be a shell company.”
M&A Transactions

Legato Merger Corp. III underwent a change of control involving Einride AB (closed 2026-06-09).

“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”).”
Material Agreements

Legato Merger Corp. III terminated IPO Registration Rights Agreement with Legato, certain securityholders.

“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.”
Material Agreements

Legato Merger Corp. III terminated Investment Management Trust Agreement with Legato, Equiniti Trust Company, LLC (effective 2024-02-05).

“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”
Material Agreements

Legato Merger Corp. III entered into New Registration Rights Agreement with Einride, Legato, certain shareholders of Legato and certain shareholders of Einride.

“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”
Material Agreements

Legato Merger Corp. III entered into Amended Warrant Agreement with Einride, Equiniti Trust Company, LLC.

“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”
Shareholder Votes

Legato Merger Corp. III shareholders approved Organizational Documents Proposal at the 2026-06-04 meeting.

“(3) Proposal No. 3 — The Organizational Documents Proposal For Against Abstain Broker Non-Votes 17,975,925 712,758 0 0”
Shareholder Votes

Legato Merger Corp. III shareholders approved Merger Proposal at the 2026-06-04 meeting.

“(2) Proposal No. 2 — The Merger Proposal For Against Abstain Broker Non-Votes 17,975,925 712,758 0 0”
Shareholder Votes

Legato Merger Corp. III shareholders approved Business Combination Proposal at the 2026-06-04 meeting.

“An aggregate of 18,688,683 ordinary shares of the Company, which represented a quorum of the outstanding ordinary shares entitled to vote as of the record date of May 7, 2026, were represented in person or by proxy at the Meeting. The Company’s shareholders voted on the proposals at the Meeting, which were approved as follows: (1) Proposal No. 1 — The Business Combination Proposal For Against Abstain Broker Non-Votes 17,975,925 712,758 0 0”
Governance Changes

Legato Merger Corp. III: Amended articles to extend business combination deadline to August 8, 2026 with monthly extensions funded by Einride or designee at $0.03 per public share (effective 2026-05-05).

“As previously disclosed, on November 12, 2025, Legato Merger Corp. III, a Cayman Islands exempted company (the “Company”), Einride AB, a limited liability company formed under the laws of Sweden (“Einride”), and Einride Cayman Sub Limited, a Cayman Islands exempted company and a direct, wholly-owned subsidiary of Einride (“Merger Sub”), entered into a Business Combination Agreement (“BCA”). Pursuant to the BCA, the Company will merge with and into Merger Sub, with Merger Sub surviving the merger (“Merger”). As a result of the Merger, Merger Sub will continue as a direct, wholly-owned subsidiary of Einride, with the shareholders of the Company becoming shareholders of Einride. On May 5, 2026, the Company held an extraordinary general meeting (the “Meeting”) to approve the following resolutions: ● to resolve as a special resolution, that the Company’s amended and restated memorandum and articles of association as adopted by special resolution dated February 5, 2024 with effect from Febru”
Material Agreements

Legato Merger Corp. III entered into Subscription Agreements with accredited investors valued at $113.3 million (effective 2026-02-26).

“On February 26, 2026, Legato and Einride entered into subscription agreements (“ Subscription Agreements ”) with accredited investors (collectively, the “ Investors ”), pursuant to which Einride will, substantially concurrently with, and contingent upon, the consummation of the Merger, sell an aggregate of 12,235,420 American depositary shares of Einride (“ ADSs ”), each representing one ordinary share of Einride (“ Ordinary Share ”), to the Investors for an aggregate purchase price of $113.3 million (the “ PIPE ”).”
Material Agreements

Legato Merger Corp. III amended Amendment with Einride AB (effective 2026-02-26).

“III, a Cayman Islands exempted company (“ Legato ”), Einride AB, a limited liability company formed under the laws of Sweden (“ Einride ”), and Einride Cayman Sub Limited, a Cayman Islands exempted company and a direct, wholly-owned subsidiary of Einride (“ Merger Sub ”), entered into a Business Combination Agreement (as it may be further amended, modified or supplemented from time to time, the “ BCA ”).”
Material Agreements

Legato Merger Corp. III entered into Business Combination Agreement with Einride AB (effective 2025-11-12).

“on November 12, 2025, Legato Merger Corp. III, a Cayman Islands exempted company (“ Legato ”), Einride AB, a limited liability company formed under the laws of Sweden (“ Einride ”), and Einride Cayman Sub Limited, a Cayman Islands exempted company and a direct, wholly-owned subsidiary of Einride (“ Merger Sub ”), entered into a Business Combination Agreement (as it may be further amended, modified or supplemented from time to time, the “ BCA ”).”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.