Legato Merger Corp. III closes Einride deal, shares set to trade on Nasdaq June 10

Legato Merger

Legato Merger

LEGT

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  • Einride completed its business combination with Legato Merger Corp. III, closing a previously announced transaction.
  • Einride American Depositary Shares and warrants are set to start trading on Nasdaq on June 10 under ENRD and ENRDW.
  • The deal valued Einride at a pre-money equity value of about USD 1.35 billion.
  • Einride raised USD 113 million in an oversubscribed PIPE tied to the transaction.


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