Legato Merger Corp. III (LEGT)New York, United States |
USD
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Hot Take ↕ | Aug. 22, 2026, 6:41 a.m. UTC
This SPAC shell is currently in a precarious state, trading below its book value of zero due to significant negative equity and operating cash outflows. The recent price action shows the shares testing critical support levels with renewed speculative pressure and factor rotation against the SPAC sector, suggesting immediate downside risk as the market digests the uncertainty surrounding the pending merger. While the announcement of an oversubscribed financing round and the effectiveness of the registration statement provide a necessary path forward for the eventual business combination, these developments do not yet translate into operational cash flow or earnings power for the current entity. Without a proven track record of revenue growth or a fortress balance sheet to cushion the transition, the investment case remains highly speculative with limited margin of safety. |
| Attribute | Value |
|---|---|
| Market Cap | 214,828,176 |
| Trailing P/E | 32.83 |
| Beta | -0.03 |
| Website | https://legatomerger.com |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.10861421 |
| Address1 | 777 Third Avenue |
| Address2 | 37th Floor |
| All Time High | 11.9362 |
| All Time Low | 8.13 |
| Ask | 0.0 |
| Ask Size | 50,000 |
| Average Daily Volume10 Day | 85,038 |
| Average Volume | 107,186 |
| Average Volume10Days | 85,038 |
| Beta | -0.031 |
| Bid | 0.0 |
| Bid Size | 10,000 |
| Book Value | -0.249 |
| City | New York |
| Country | United States |
| Currency | USD |
| Current Price | 9.52 |
| Day High | 10.2999 |
| Day Low | 8.52 |
| Earnings Growth | -0.176 |
| Earnings Quarterly Growth | -0.176 |
| Ebitda Margins | 0.0 |
| Enterprise Value | 245,090,752 |
| Exchange | ASE |
| Exchange Timezone Name | UTC |
| Fifty Day Average | 10.9482 |
| Fifty Two Week High | 11.9362 |
| Fifty Two Week Low | 8.13 |
| Financial Currency | USD |
| First Trade Date Epoch Utc | 1,781,011,800 |
| Float Shares | 19,331,988 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Implied Shares Outstanding | 22,565,984 |
| Industry | |
| Industry Key | |
| Last Fiscal Year End | 1,764,460,800 |
| Long Business Summary | Legato Merger Corp. III does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other related business combination with one or more target businesses or entities. The company was incorporated in 2023 and is based in New York, New York. |
| Long Name | Legato Merger Corp. III |
| Market Cap | 214,828,176 |
| Max Age | 86,400 |
| Message Board Id | finmb_1864121992 |
| Most Recent Quarter | 1,772,236,800 |
| Net Income To Common | 7,555,071 |
| Next Fiscal Year End | 1,795,996,800 |
| Open | 10.2999 |
| Operating Cashflow | -857,697 |
| Operating Margins | 0.0 |
| Phone | 212 319 7676 |
| Previous Close | 10.0 |
| Price Hint | 2 |
| Profit Margins | 0.0 |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Regular Market Day High | 10.2999 |
| Regular Market Day Low | 8.52 |
| Regular Market Open | 10.2999 |
| Regular Market Previous Close | 10.0 |
| Regular Market Volume | 78,104 |
| Return On Assets | -0.00312 |
| Sand P52 Week Change | 0.19895875 |
| Sector | |
| Sector Key | |
| Shares Outstanding | 22,565,984 |
| Short Name | Legato Merger Corp. III |
| State | NY |
| Symbol | LEGT |
| Time Zone Full Name | America/New_York |
| Time Zone Short Name | EDT |
| Total Cash | 519,303 |
| Total Cash Per Share | 0.02 |
| Total Debt | 0 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.29 |
| Trailing P E | 32.827587 |
| Trailing Peg Ratio | None |
| Two Hundred Day Average | 10.885287 |
| Underlying Symbol | LEGT |
| Uuid | fe7cdf60-4985-3af9-a6b3-12fa3bee6c46 |
| Volume | 78,104 |
| Website | https://legatomerger.com |
| Zip | 10,017 |