Einride and Legato Merger Corp. III Announces $113 Million Oversubscribed Capital Raise in Support of Proposed Business Combination
Legato Merger Corp. III Ordinary Shares (LEGT)
Company Research
Source: PR Newswire
STOCKHOLM and NEW YORK, Feb. 26, 2026 /PRNewswire/ -- Einride AB ("Einride" or the "Company"), a technology company driving the transition to cost-efficient electric and autonomous freight operations for some of the world's largest shippers, and Legato Merger Corp. III (NYSE American: LEGT) ("Legato") , a publicly traded special purpose acquisition company today announced an oversubscribed PIPE financing of approximately $113 million gross proceeds (the "PIPE"), in support of their previously announced proposed business combination (the "Transaction"). The PIPE financing was committed by new and existing investors including a global asset management company based on the West Coast of the United States, and Stockholm-based EQT Ventures. Proceeds from the PIPE are expected to support Einride's technology roadmap and global expansion, including autonomous deployments across North America, Europe, and the Middle East, and additional commercial applications of the Company's intelligent fre
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LEGT
News
- Einride to Host Analyst and Investor Day on March 19 as Company Advances Toward U.S. Public Market ListingPR Newswire
- Einride to Host Analyst and Investor Day on March 19 as Company Advances Toward U.S. Public Market ListingPR Newswire
- Einride and Legato Merger Corp. III Announces $113 Million Oversubscribed Capital Raise in Support of Proposed Business CombinationPR Newswire
- Einride to Appoint Former NVIDIA Executive Gary Hicok to Board of DirectorsPR Newswire
- Einride to Appoint Former NVIDIA Executive Gary Hicok to Board of DirectorsPR Newswire
LEGT
Sec Filings
- 3/12/26 - Form 425
- 2/26/26 - Form 425
- 2/26/26 - Form 8-K
- LEGT's page on the SEC website