We currently intend to focus on target businesses in the infrastructure, engineering and construction (“E&C”), industrial and renewables industries.

Eric S. Rosenfeld, our Chief SPAC Officer, and David D. Sgro, our Vice Chairman of the Board, have led seven prior public blank check companies: (i) Arpeggio Acquisition Corporation, or “Arpeggio,” which raised $40.8 million in June 2004 and consummated a business combination with Hill International, Inc., or “Hill International,” in June 2006, (ii) Rhapsody Acquisition Corp., or “Rhapsody,” which raised $41.4 million in October 2006 and consummated a business combination with Primoris Corporation, or “Primoris,” in July 2008, (iii) Trio Merger Corp., or “Trio,” which raised $69 million in June 2011 and consummated a business combination with SAExploration Holdings Inc., or “SAE,” in June 2013, (iv) Quartet Merger Corp., or “Quartet,” which raised $96.6 million in November 2013 and consummated a business combination with Pangea Logistics Solutions Ltd., or “Pangaea,” in October 2014, (v) Harmony Merger Corp., or “Harmony,” which raised $115.0 million in March 2015 and consummated a business combination with NextDecade LLC, or “NextDecade,” in July 2017, (vi) Allegro Merger Corp, or “Allegro,” which raised $149.5 million and executed a definitive merger agreement with TGI Fridays’ that was later terminated due largely to the COVID-19 pandemic and (vii) Legato Merger Corp., or “Legato I,” which raised approximately $235.8 in January 2021 and consummated a business combination with Algoma Steel Group Inc, or “Algoma,” in October 2021. 

Note: “Our initial stockholders and EarlyBirdCapital, Inc., the representative of the underwriters in this offering, have committed that they and/or their designees will purchase from us an aggregate of 905,000 units, or “private units,” at $10.00 per unit for a total purchase price of $9,050,000 in a private placement that will occur simultaneously with the consummation of this offering. Each private unit will consist of one share of common stock, or “private shares,” and one-half of one warrant, or “private warrants.”,” the prospectus says. 

(Note: Legato Merger Corp. II upsized its SPAC IPO at pricing on Monday morning, Nov. 22, 2021, before the U.S. stock market opened: 24 million units, up from 20 million units in the prospectus, at $10 each to raise $240 million. Legato II’s stock and warrants are expected to start trading the same day – Monday, Nov. 22, 2021 – on the NASDAQ.)