LGTO - Legato Merger Corp II - Class A
Region: US
Website: legatomerger.com
Employees: 3
IPO year: -
Issue type: Common Stock
Market: XNAS
Industry:
Sector:
Special Purpose Acquisition Company Focused on Renewables, E&C, Infrastructure and Industrials. Legato II priced its $240.0 million IPO on November 22, 2021 and is actively seeking to merge with a private company that has an enterprise value greater than $750 million. In addition to the $240.0 million raised in our IPO, Legato II has the ability to raise additional capital through the issuance of debt and/or equity securities. This capital may be used to fund the cash portion of the merger or could remain on the company's balance sheet to be used for acquisitions or to fund organic growth. A merger with Legato II offers many benefits relative to a traditional IPO or a sale to a strategic/financial buyer.