Announced

Einride to go public via SPAC merger with Legato Merger III in a $1.8bn deal.

Synopsis

Einride, a technology company that develops and operates digital freight solutions, to go public via SPAC merger with Legato Merger III, a special purpose acquisition company, in a $1.8bn deal. "We've proven the technology, built trust with global customers, and shown that autonomous and electric operations are not just possible, but better. This Transaction positions us to accelerate our global expansion and continue to deliver with speed and precision for our customers. The foundation is built, the demand is clear, and our focus is on execution and delivering the future of freight," Roozbeh Charli, Einride CEO.

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MergerLinks - Einride to go public via SPAC merger with Legato Merger III in a $1.8bn deal.