Acquiring Company
Legato Merger Corp. III
Acquired Company
Einride
New York
StockholmArtificial IntelligenceManufacturingTransportationAutomotiveElectric VehicleDescription
Einride AB and Legato Merger Corp. III have announced the oversubscribed PIPE financing of $113 million in support of their proposed business combination. This merger values Einride at $1.35 billion and aims to enhance its technology roadmap and global operations. The transaction is projected to deliver approximately $333 million in gross proceeds and is expected to close in the first half of 2026.
Quick answer
Legato Merger Corp. III is acquiring Einride, announced February 26, 2026. Legato Merger Corp. III is based in New York, New York, United States.
- How much did Legato Merger Corp. III pay for Einride?
- The deal value was not disclosed.
- 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.
- Where are Legato Merger Corp. III and Einride based?
- Legato Merger Corp. III is based in New York, New York, United States. Einride is based in Stockholm, Stockholm County, Sweden.
- Who are the decision-makers at Legato Merger Corp. III?
- Fundz holds 1 contact at Legato Merger Corp. III. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Legato Merger Corp. III, and when
When Legato Merger Corp. III changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Legato Merger Corp. III raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Legato Merger Corp. III, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Einride?
Einride was acquired by Legato Merger Corp. III, based in New York. The deal was reported on February 26, 2026. 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. Legato Merger Corp. III is privately held and operates in Artificial Intelligence.
When did Legato Merger Corp. III acquire Einride?
Legato Merger Corp. III's acquisition of Einride was reported on February 26, 2026. Einride AB and Legato Merger Corp. III have announced the oversubscribed PIPE financing of $113 million in support of their proposed business combination. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Einride do?
Einride designs, develops and deploys technologies for freight mobility. It is publicly traded (ENRD), operating in Manufacturing, and is based in Stockholm.
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