Legato Merger II filed to offer 20 million units at $10 each.
The new SPAC intends to focus on target businesses in the infrastructure, engineering and construction, industrial and renewables industries.
Each unit consists of one share and one-half of a warrant.
CEO and Director Gregory Monahan has served as a senior managing director of Crescendo Partners, a New York-based investment firm, since 2005; and as the senior portfolio manager of Jamarant Capital, a private investment partnership, since January 2016.
Legato I shareholders last month approved a merger with Algota Steel.
EarlyBirdCapital is sole book-running manager. The underwriters may opt to buy up to an additional 3 million units to cover any over-allotments.
Legato II has applied to list on the Nasdaq under LGTOU. Read more.
