Legato Merger Corp.

Legato Merger Corp. III Going Concern Warning
Legato Merger Corp. III has received an audit opinion containing a going concern explanation, raising questions about the company's financial viability. The special purpose acquisition company, trading on NYSE American under ticker LEGT, disclosed this development in its annual report filed in February 2026. Going concern warnings typically indicate auditors have substantial doubt about a company's ability to continue operations. Despite this concern, Legato remains on track to complete its proposed merger with Swedish electric vehicle startup Einride AB, with the transaction expected to close in the first half of 2026. The combination would bring Einride to public markets as a NYSE-listed company.