LEGT.U
Legato Merger Corp III Units, each consisting of one Ordinary Share and one-half of one warrantLEGT.U
LEGT.U
About: Legato Merger Corp III is a blank check company.
0
Funds holding %
of 7,202 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
0% more funds holding
Funds holding: 8 [Q4 2024] → 8 (+0) [Q1 2025]
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
1.94% less ownership
Funds ownership: 3.67% [Q4 2024] → 1.72% (-1.94%) [Q1 2025]
69% less capital invested
Capital invested by funds: $7.92M [Q4 2024] → $2.49M (-$5.44M) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for LEGT.U.
Financial journalist opinion
Neutral
GlobeNewsWire
2 months ago
Legato Merger Corp. III Announces Receipt of Audit Opinion with Going Concern Explanation
NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) -- Legato Merger Corp. III (NYSE American: LEGT U, LEGT, LEGT WS) (the “Company”) announced that, as previously disclosed in its Annual Report on Form 10-K for the year ended November 30, 2024, which was filed on February 19, 2025 with the Securities and Exchange Commission, the audited financial statements contained an audit opinion from its independent registered public accounting firm that included an explanatory paragraph related to the Company's ability to continue as a going concern. See further discussion in Note 1 to the Company's financial statements included in the Company's Annual Report on Form 10-K. This announcement is made pursuant to NYSE American LLC Company Guide Sections 401(h) and 610(b), which requires public announcement of the receipt of an audit opinion containing a going concern paragraph. This announcement does not represent any change or amendment to the Company's financial statements or to its Annual Report on Form 10-K for the year ended November 30, 2024.

Neutral
GlobeNewsWire
1 year ago
Legato Merger Corp. III Announces Closing of $201,250,000 Initial Public Offering
NEW YORK, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Legato Merger Corp. III (the “Company”) announced that it has consummated its initial public offering of 20,125,000 units (including the full 2,625,000 units subject to the underwriters' over-allotment option) at $10.00 per unit. The units were listed on the NYSE American Market (“NYSE American”) and began trading on February 6, 2024 under the ticker symbol “LEGT U”. Each unit consists of one ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one ordinary share at a price of $11.50 per share, subject to adjustment. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, the ordinary shares and redeemable warrants are expected to be listed on NYSE American under the symbols “LEGT” and “LEGT WS,” respectively.

Neutral
GlobeNewsWire
1 year ago
Legato Merger Corp. III Announces Pricing of $175,000,000 Initial Public Offering
NEW YORK, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Legato Merger Corp. III (the “Company”) announced today that it priced its initial public offering of 17,500,000 units at $10.00 per unit. The units will be listed on the NYSE American Market (“NYSE American”) and will begin trading tomorrow under the ticker symbol “LEGT U”. Each unit consists of one ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one ordinary share at a price of $11.50 per share, subject to adjustment. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, the ordinary shares and redeemable warrants are expected to be listed on NYSE American under the symbols “LEGT” and “LEGT WS,” respectively.

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