Successfully merged with Southland Holdings LLC • Now trading as SLND
SPAC Overview
$240M
IPO Size
$283M
Trust (as of 2022-12-31)
Completed
Current Status
2021
IPO Year
Timeline Progress
About
Legato Merger Corp. II is a blank-check company formed to pursue a business combination. Its stated intended focus is infrastructure, engineering and construction, industrial, and renewables industries.
Investment Focus
Infrastructure, Construction, Industrial, Renewable Energy
The terms and the filing trail behind LEGATO MERGER CORP. II
What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.
- Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
- Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
- The full 8-K lifecycle timeline, each event linked to its filing
- Price history across the unit, share and warrant tickers
- Follow it, and see it change on your watchlist
SPAC Team
Leadership
Brian Pratt
Chairman of the Board of Directors, Non-Executive Chairman of the Board of Directors
David D. Sgro
Chief Executive Officer, Director, Non-Executive Vice Chairman of the Board of Directors
Frank S. Renda
Chief Executive Officer, Director, President, President, Chief Executive Officer and manager
Gregory R. Monahan
Chief Executive Officer, Director
Cody Gallarda
Chief Financial Officer, Chief Financial Officer, Executive Vice President and Treasurer, Executive Vice President, Treasurer
Rudy V. Renda V
Co-Chief Operating Officer, Executive Vice President, Executive Vice President - Strategy and Special Projects, Executive Vice President, co-Chief Operating Officer — Strategy and Special Projects and manager
Tim Winn
Co-Chief Operating Officer, Director, Executive Vice President, Executive Vice President, co-Chief Operating Officer and manager
Adam H. Jaffe
Chief Financial Officer, Secretary
Eric S. Rosenfeld
Chief SPAC Officer
Adam J. Semler
Director
Craig L. Martin
Director
D. Blair Baker
Director
Izzy Martins
Director
John Ing
Director
Kyle Burtnett
Director
Mario Enrique Ramirez
Director
Ryan E. Hummer
Director
Underwriters
Extended Team Information
The team has prior SPAC transaction experience, with Eric S. Rosenfeld and David D. Sgro having led seven prior public blank-check companies; Chairman Brian Pratt has engineering and construction leadership experience, and the team includes investment, operating, and public-company experience.
Stock Performance
SLND
Trading Symbol
First Trade
2021-12-23
$9.73
At Merger
2023-02-16
$8.60
-12%
6 Months Post-Merger
2023-08-17
$6.26
-27%
1 Year Post-Merger
2024-02-20
$4.62
-46%
2 Years Post-Merger
2025-02-18
$3.24
-62%
Current Price
2026-10-02
$0.67
-93%
Key Information
IPO Date
2021-11-23
State of Incorporation
DE
SIC
6770
Completion Date
2023-02-14
Merger Target
Southland Holdings LLC
SPAC Ticker
LGTO
Merged Ticker
SLND