Legato Merger Corp. announced the pricing of its $205 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “LEGOU” Wednesday, January 20.
The new company aims to combine with a business in the renewables, infrastructure, construction or engineering sectors. Legato is led by CEO David D. Sgro, Chief SPAC Officer Eric S. Rosenfeld, Non-Executive Chairman Brian Pratt, and SFO and Secretary Adam Jaffe.
Total SPAC deal count for 2021 year-to-date is now 59 with $16.3 billion in gross proceeds raised. This offering is expected to close on Friday, January 22.
EarlyBirdCapital, Inc. is acting as the sole book running manager for the offering. I-Bankers Securities, Inc. is acting as co-manager. Graubard Miller is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. WithumSmith+Brown PC serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.
Terms Tracker for the Week Ending June 27, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. June continued its late-month rally with another five SPAC IPOs pricing this week, bringing the monthly total to 10 and the 2025 year-to-date count to...
Blueport (NASDAQ:BPACU) has filed for a $69 million SPAC that would bring another first-time sponsor team to market. The new SPAC is offering investors a right to a 1/6 share in each unit and it will have 15 months to complete a business combination. It is underwritten by Alliance Global Partners and will not be...
At the SPAC of Dawn The markets appear to poised to continue a rosy week with futures in the green in anticipation of PCE inflation readings. Space is one of the sectors feeling the most love recently and launch services firm Rocket Lab (NASDAQ:RKLB) is keeping up the momentum, scheduling two launches within 48 hours...
FIGX Acquisition Corp. (NASDAQ:FIGXU) announced the pricing of its $131 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FIGXU”, Friday, June 27, 2025. The new SPAC aims to seek out a financial services target with a particular focus on wealth and asset managers with the potential to...
Yorkville Acquisition Corp. (NASDAQ:YORKU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “YORKU”, Friday, June 27, 2025. The new SPAC plans to combine with a target company in the telecom, media or technology sectors. Yorkville Acquisition Corp.’s management team is led...