Einride and Legato Merger Corp. III announced the public filing of a registration statement on Form F-4 with the U.S. Securities and Exchange Commission in connection with the proposed business combination between Einride and Legato. The Transaction, which was announced on November 12, 2025, is expected to result in Einride listing its ordinary shares in the form of American Depositary Shares on NASDAQ in the second quarter of 2026 under the ticker symbol “ENRD”, subject to customary closing conditions. The Transaction values Einride at a pre-money equity value of $1.35B and is expected to deliver approximately $333M in gross proceeds including a $113M oversubscribed PIPE capital raise, announced on February 26, 2026, from a group of new and existing investors, and up to $220M in proceeds from Legato’s cash-in-trust before accounting for potential redemptions and transaction expenses.
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