Legato Merger Corp. III (LEGT)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.08 mm	1.08 mm	1.08 mm	1.08 mm	1.08 mm	1.08 mm
Cash burn (monthly)	70.70 k	54.95 k	89.69 k	75.75 k	(no burn)	(no burn)
Cash used (since last report)	322.80 k	250.91 k	409.52 k	345.90 k	n/a	n/a
Cash remaining	755.95 k	827.84 k	669.24 k	732.86 k	n/a	n/a
Runway (months of cash)	10.7	15.1	7.5	9.7	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

LEGT institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	58	43	+34.9%
Opened positions	19	37	-48.6%
Closed positions	4	1	+300.0%
Increased positions	22	1	+2100.0%
Reduced positions	6	5	+20.0%

13F shares	Current	Prev Q	Change
Total value	182.65 bn	161.83 bn	+12.9%
Total shares	27.15 mm	19.03 mm	+42.6%
Total puts	0.00	0.00
Total calls	334.00 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Karpus Management	3.73 mm	$38.40 bn	+8.4%
CNH Partners	2.32 mm	$15.36 bn	+45.5%
Vivaldi Asset Management	1.80 mm	$18.53 bn	-0.5%
Schechter Investment Advisors	1.61 mm	$14.81 bn	+6.3%
BCS Barclays	1.43 mm	$14.92 mm	NEW
Periscope Capital	1.31 mm	$4.52 bn	+118.3%
Rivernorth Capital Management	1.18 mm	$8.14 bn	+62.7%
D. E. Shaw & Co.	1.13 mm	$10.27 bn	+139.5%
Spring Creek Capital	1.01 mm	$10.23 mm	0.0%
Moore Capital Management	825.00 k	$5.70 bn	+50.0%

Largest transactions	Shares	Bought/sold	Change
Aqr Capital Management	0.00	-1.59 mm	EXIT
BCS Barclays	1.43 mm	+1.43 mm	NEW
CNH Partners	2.32 mm	+724.76 k	+45.5%
Periscope Capital	1.31 mm	+709.80 k	+118.3%
Linden Advisors	675.00 k	+675.00 k	NEW
D. E. Shaw & Co.	1.13 mm	+659.60 k	+139.5%
Picton Mahoney Asset Management	600.00 k	+600.00 k	NEW
Harraden Circle Investments	465.02 k	+465.02 k	NEW
Rivernorth Capital Management	1.18 mm	+456.44 k	+62.7%
LMR Partners	450.00 k	+450.00 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

News

From Benzinga Pro

Electric Freight Startup Einride Moves Closer to Going Public in Deal With SPAC Legato, Files Confidential SEC Paperwork as It Prepares for $220M SPAC Merger

15 Dec 25

Einride AB ("Einride" or the "Company"), a technology company driving the transition to cost-efficient electric and autonomous freight operations for some of the world's largest shippers, and Legato Merger Corp. III

Press releases

From Benzinga Pro

Einride and Legato Merger Corp. III Announce Confidential Submission of Draft Registration Statement on Form F-4

15 Dec 25

STOCKHOLM and NEW YORK, Dec. 15, 2025 /PRNewswire/ -- Einride AB ("Einride" or the "Company"), a technology company driving the transition to cost-efficient electric and autonomous freight operations for

HAPPY THANKSGIVING AND INVESTOR ALERT: The M&A Class Action Firm Continues to Investigate the Merger - RMBI, THS, LEGT and NDTAF

27 Nov 25

NEW YORK, Nov. 27, 2025 /PRNewswire/ -- We wish you a Happy Thanksgiving and Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), who has recovered millions