On June 9, 2026, Legato Merger Corp. III completed its business combination with Einride AB. Legato merged into a subsidiary of Einride, resulting in Legato ceasing to exist as a separate legal entity. Legato ordinary shares were converted into Einride American Depositary Shares (ADS), and Legato warrants were assumed by Einride. Einride simultaneously closed a private placement of 12,235,420 ADSs for $113.3 million and issued PIPE warrants for 18,353,130 ADSs at $10.90 per ADS. Holders of 16,596,675 Legato shares redeemed their shares for trust account funds. Post-transaction, Einride has 140,039,054 ordinary shares and 10,340,313 warrants outstanding. Einride ADSs and warrants began trading on Nasdaq under symbols "ENRD" and "ENRDW" on June 10, 2026. Einride operates in the transportation industry, providing autonomous electric freight technology.