Legato Merger II priced its upsized IPO 24 million units at $10 each, an increasde of 4 million more units than initally registered earlier this month. Units list on the Nasdaq and begin trading today under LGTOU. Each consists of one share and one-half of a warrant.
Legato II intends to focus on target businesses in the infrastructure, engineering and construction, industrial and renewables industries.
EarlyBirdCapital is sole book-running manager for the offering. The underwriters may opt to purchase up to an additional 3.6 million units to cover over-allotments, if any. Read more.
