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Einride to merge with Legato Merger Corp. III

PUBLIC · ENRDApr 21, 2026

Acquiring Company

Einride

Acquired Company

Legato Merger Corp. III

StockholmNew YorkManufacturingTransportationAutomotiveElectric VehicleArtificial Intelligence

Description

On April 21, 2026, Einride AB announced its merger with Legato Merger Corp. III. This transaction is expected to enhance Einride's capabilities in electric and autonomous transportation. The companies filed a Form F-4 with the SEC in relation to this merger. The merger aims to support Einride's growth through enhanced access to capital.

Company Information

Company

Einride

Location

Stockholm, Stockholm County, Sweden

About

Einride designs, develops and deploys technologies for freight mobility. By building grids powered by a first-of-its-kind ecosystem — the intelligent platform Einride Saga, electric and autonomous fleets, charging infrastructure and connectivity networks — a resilient, cost-effective shipping future is unlocked. Founded in 2016, Einride became the first company in the world to deploy an autonomous, electric vehicle on a public road in 2019 and became the first company to receive approval to operate the vehicle on a U.S. public road in 2022. For more information, please visit einride.tech.

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Frequently asked

Who acquired Legato Merger Corp. III?

Legato Merger Corp. III was acquired by Einride, based in Stockholm. The deal was reported on April 21, 2026. Einride designs, develops and deploys technologies for freight mobility. Einride is publicly traded (ENRD) and operates in Manufacturing.

When did Einride acquire Legato Merger Corp. III?

Einride's acquisition of Legato Merger Corp. III was reported on April 21, 2026. On April 21, 2026, Einride AB announced its merger with Legato Merger Corp. III. This transaction is expected to enhance Einride's capabilities in electric and autonomous transportation. The companies filed a Form F-4 with the SEC in relation to this merger. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Legato Merger Corp. III do?

Legato Merger Corp. III is a special purpose acquisition company (SPAC) that seeks to merge with or acquire a business in order to take it public. It is privately held, operating in Artificial Intelligence, and is based in New York.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.