Legato Merger Corp. III

General Information
Business:

We are a newly organized blank check company.  We currently intend to focus on target businesses in the infrastructure, engineering and construction (“E&C”), industrial and renewables industries. (Incorporated in the Cayman Islands) 

(Note: Legato Merger Corp. III priced its SPAC IPO on Feb. 5, 2024, in sync with the terms in the prospectus: 17.5 million units at $10.00 each to raise $175.0 million. This is the first SPAC IPO priced in February 2024 – and it’s only the second SPAC IPO priced so far this year. The stock is expected to trade under the proposed symbol “LEGT” and the warrant under the proposed symbol “LEGTW” on Tuesday, Feb. 6, 2024, on the NYSE – American Exchange. Background: Legato Merger Corp. III filed an S-1 dated Dec. 7, 2023,  in which it disclosed the terms for its SPAC IPO: 17.5 million units at $10.00 each to raise $175.0 million. Each unit consists of one ordinary share and one-half of one warrant. Each whole warrant entitles the holder to purchase one ordinary share at a price of $11.50 per share.) 

Industry: BLANK CHECKS
Employees: 0
Founded: 2023
Contact Information
Address 777 Third Avenue, 37th Floor New York, NY 10017
Phone Number (212) 319-7676
Web Address
View Prospectus: Legato Merger Corp. III
Financial Information
Market Cap $224.85mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol LEGT.U
Exchange NYSE - American
Shares (millions): 17.5
Price range $10.00 - $10.00
Est. $ Volume $175.0 mil
Manager / Joint Managers BTIG
CO-Managers Craig-Hallum Group
Expected To Trade: 2/6/2024
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change