Successfully merged with Einride AB • Now trading as ENRD
SPAC Overview
$175M
IPO Size
$221M
Trust (as of 2026-02-28)
Completed
Current Status
2024
IPO Year
Timeline Progress
About
Legato Merger Corp. III is a blank-check company seeking to complete an initial business combination. It currently intends to focus on infrastructure, engineering and construction, industrial, and renewables businesses.
Investment Focus
Infrastructure, Construction, Industrial, Renewable Energy
The terms and the filing trail behind Legato Merger Corp. III
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
Non-Executive Chairman of the Board of Directors
David D. Sgro
Non-Executive Vice Chairman of the Board of Directors
Gregory R. Monahan
Chief Executive Officer, Chief SPAC Officer, Director
Adam H. Jaffe
Chief Financial Officer, Director, Secretary
Eric S. Rosenfeld
Chief SPAC Officer
Adam J. Semler
Director
John Ing
Director
Underwriters
Extended Team Information
The team has extensive SPAC experience: Eric S. Rosenfeld and David D. Sgro have led eight prior public blank-check companies. Other members bring experience in construction and infrastructure, finance and investment management, and prior SPAC transactions.
Stock Performance
ENRD
Trading Symbol
First Trade
2026-06-10
$16.18
Current Price
2026-10-02
$3.33
-79%
Key Information
IPO Date
2024-02-06
Total Redemptions
$35.7M
PIPE
$113M
State of Incorporation
E9
SIC
6770
Completion Date
2026-06-09
Merger Target
Einride AB
SPAC Ticker
LEGT
Merged Ticker
ENRD