General Information |
Business: |
We are a newly organized blank check company. We currently intend to focus on target businesses in the infrastructure, engineering and construction (“E&C”), industrial and renewables industries. (Incorporated in the Cayman Islands)
(Note: Legato Merger Corp. III priced its SPAC IPO on Feb. 5, 2024, in sync with the terms in the prospectus: 17.5 million units at $10.00 each to raise $175.0 million. This is the first SPAC IPO priced in February 2024 – and it’s only the second SPAC IPO priced so far this year. The stock is expected to trade under the proposed symbol “LEGT” and the warrant under the proposed symbol “LEGTW” on Tuesday, Feb. 6, 2024, on the NYSE – American Exchange. Background: Legato Merger Corp. III filed an S-1 dated Dec. 7, 2023, in which it disclosed the terms for its SPAC IPO: 17.5 million units at $10.00 each to raise $175.0 million. Each unit consists of one ordinary share and one-half of one warrant. Each whole warrant entitles the holder to purchase one ordinary share at a price of $11.50 per share.)
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Industry: |
BLANK CHECKS |
Employees: |
0 |
Founded: |
2023 |
Contact Information |
Address |
777 Third Avenue, 37th Floor New York, NY 10017 |
Phone Number |
(212) 319-7676 |
Web Address |
|
View Prospectus: |
Legato Merger Corp. III |
Financial Information |
Market Cap |
$224.85mil |
Revenues |
$0 mil (last 12 months) |
Net Income |
$0 mil (last 12 months) |
IPO Profile |
Symbol |
LEGT.U |
Exchange |
NYSE - American |
Shares (millions): |
17.5 |
Price range |
$10.00 - $10.00 |
Est. $ Volume |
$175.0 mil |
Manager / Joint Managers |
BTIG |
CO-Managers |
Craig-Hallum Group |
Expected To Trade: |
2/6/2024 |
Status:
|
Priced |
Quiet Period Expiration Date: |
Available only to Subscribers |
Lock-Up Period Expiration Date: |
Available only to Subscribers |
SCOOP Rating |
Available only to Subscribers |
Rating Change |
Available only to Subscribers |