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Legato Merger III Priced, NYSE American: LEGT.U

Blank check company targeting the infrastructure, E&C, industrial and renewables industries.

Industry: SPAC

Latest Trade: $10.35 0.00 (0.0%)

First Day Return: +0.5%

Return from IPO: +3.5%

Industry: SPAC

We are a blank check company. 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 infrastructure, engineering and construction (“E&C”), industrial and renewables 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 or other affiliates has 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. As more fully described below, Eric S. Rosenfeld, our Chief SPAC Officer, and David D. Sgro, our Vice Chairman of the Board, have led eight prior public blank check companies.
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IPO Data
IPO File Date 12/07/2023
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/05/2024
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
BTIG
Craig-Hallum Capital Group
Company Data
Headquarters New York, NY, United States
Founded 2023
Employees at IPO 3

Legato Merger III (LEGT.U) Performance