Legato Merger Corp. III focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2023 and is based in New York, New York.
Company profile
Ticker
LEGT, LEGT-UN, LEGT-WT
Exchange
Website
CEO
Mr. Gregory Rush Monahan
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Spectrum Brands • Sunrun • Energizer • Atkore • Fluence Energy • Novanta • Metals Acquisition • Arcadium Lithium • NorthView Acquisition • QuantumScape ...
SEC CIK
LEGT stock data
Latest filings (excl ownership)
10-Q
2024 Q3
Quarterly report
9 Oct 24
10-Q
2024 Q2
Quarterly report
10 Jul 24
10-Q
2024 Q1
Quarterly report
11 Apr 24
8-K
Legato Merger Corp. III
14 Feb 24
8-K
Legato Merger Corp. III Announces Pricing of $175,000,000 Initial Public Offering
6 Feb 24
424B4
Prospectus supplement with pricing info
6 Feb 24
EFFECT
Notice of effectiveness
6 Feb 24
CERT
Certification of approval for exchange listing
1 Feb 24
8-A12B
Registration of securities on exchange
1 Feb 24
CORRESP
Correspondence with SEC
31 Jan 24
Latest ownership filings
Financial summary
| Quarter (USD) | Aug 24 | May 24 | Feb 24 | |
|---|---|---|---|---|
| Revenue | ||||
| Cost of revenue | ||||
| Operating income | ||||
| Operating margin | ||||
| Net income | ||||
| Net profit margin | ||||
| Cash on hand | ||||
| Change in cash | ||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | |||
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.74 mm | 1.74 mm | 1.74 mm | |||
| Cash burn (monthly) | 71.92 k | 94.98 k | (no burn) | |||
| Cash used (since last report) | 107.78 k | 142.33 k | n/a | |||
| Cash remaining | 1.63 mm | 1.60 mm | n/a | |||
| Runway (months of cash) | 22.7 | 16.8 | n/a | |||
Institutional ownership, Q2 2024
12.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 7 |
| Opened positions | 6 |
| Closed positions | 2 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 14.51 bn |
| Total shares | 3.33 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Cowen And | 1.53 mm | $10.67 bn |
| Spring Creek Capital | 1.20 mm | $0.00 |
| Bulldog Investors | 325.92 k | $2.05 bn |
| Wealthspring Capital | 175.08 k | $1.58 bn |
| Spartan Fund Management | 50.00 k | $6.51 mm |
| TrueMark Investments | 30.08 k | $204.10 mm |
| Virtu Financial | 26.34 k | $266.00 k |
| Proequities | 0.00 | $0.00 |