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Einride to merge with Legato Merger Corp. III

PUBLIC · ENRDApr 21, 2026

Acquiring Company

Einride

Acquired Company

Legato Merger Corp. III

StockholmNew YorkManufacturingTransportationAutomotiveElectric VehicleArtificial Intelligence

Description

On April 21, 2026, Einride AB announced its merger with Legato Merger Corp. III. This transaction is expected to enhance Einride's capabilities in electric and autonomous transportation. The companies filed a Form F-4 with the SEC in relation to this merger. The merger aims to support Einride's growth through enhanced access to capital.

Quick answer

Einride is acquiring Legato Merger Corp. III, announced April 21, 2026. Einride is based in Stockholm, Stockholm County, Sweden.

How much did Einride pay for Legato Merger Corp. III?
The deal value was not disclosed.
What does Einride do?
Einride designs, develops and deploys technologies for freight mobility.
Where are Einride and Legato Merger Corp. III based?
Einride is based in Stockholm, Stockholm County, Sweden. Legato Merger Corp. III is based in New York, New York, United States.
Who are the decision-makers at Einride?
Fundz holds 2 contacts at Einride. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Einride

Location

Stockholm, Stockholm County, Sweden

About

Einride designs, develops and deploys technologies for freight mobility. By building grids powered by a first-of-its-kind ecosystem — the intelligent platform Einride Saga, electric and autonomous fleets, charging infrastructure and connectivity networks — a resilient, cost-effective shipping future is unlocked. Founded in 2016, Einride became the first company in the world to deploy an autonomous, electric vehicle on a public road in 2019 and became the first company to receive approval to operate the vehicle on a U.S. public road in 2022. For more information, please visit einride.tech.

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Frequently asked

Who acquired Legato Merger Corp. III?

Legato Merger Corp. III was acquired by Einride, based in Stockholm. The deal was reported on April 21, 2026. Einride designs, develops and deploys technologies for freight mobility. Einride is publicly traded (ENRD) and operates in Manufacturing.

When did Einride acquire Legato Merger Corp. III?

Einride's acquisition of Legato Merger Corp. III was reported on April 21, 2026. On April 21, 2026, Einride AB announced its merger with Legato Merger Corp. III. This transaction is expected to enhance Einride's capabilities in electric and autonomous transportation. The companies filed a Form F-4 with the SEC in relation to this merger. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Legato Merger Corp. III do?

Legato Merger Corp. III is a special purpose acquisition company (SPAC) that seeks to merge with or acquire a business in order to take it public. It is privately held, operating in Artificial Intelligence, and is based in New York.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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