Algoma Steel (Legato Merger) ^{Priced, Nasdaq: ASTL}

We are a blank check company formed under the laws of the State of Delaware on June 26, 2020. We were formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities, which we refer to as a “target business.” We may pursue a business combination opportunity in any business or industry we choose although we currently intend to focus on target businesses in the renewables, infrastructure, engineering and construction and industrial industries. To date, our efforts have been limited to organizational activities as well as activities related to this offering. None of our officers, directors, promoters and other affiliates have engaged in any substantive discussions on our behalf with representatives of other companies regarding the possibility of a potential business combination with us. We will seek to capitalize on the experience of our management team in consummating an initial business combination. Eric S. Rosenfeld, our Chief SPAC Officer, and David D. Sgro, our Chief Executive Officer, have led six prior public blank check companies.