Legato Merger Corp II

Legato Merger Corp. II is a blank check company, which engages in merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination. The company was founded on July 14, 2021 and is headquartered in New York, NY.

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Southland Holdings, Inc. engages in infrastructure construction. It operates under the Civil and Transportation segments. The Civil segment specializes in the design and construction of water pipeline, pump stations, lift stations, water and wastewater treatment plans, concrete and structural steel, outfall, and tunneling. The Transportation segment handles services that include the design and construction of bridges, roadways, marine dredging, ship terminals, and others. The company was founded in 1900 and is headquartered in Grapevine, TX.

Legato Merger Corp. II Announces Date for Annual Meeting to Approve Proposed Business Combination with Southland Holdings

Legato II enters into Merger Agreement with Leading Provider of Specialized Infrastructure Construction Services Legato II enters into Merger Agreement with Leading Provider of Specialized Infrastructure Construction Services

Southland Holdings and Legato Merger Corp. II Announce Merger

NEW YORK, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Legato Merger Corp. II (NASDAQ: LGTOU) (the “Company”) announced today that it closed the sale of an additional 3,600,000 units at $10.00 per unit pursuant to the full exercise of the underwriters' over-allotment option granted in connection with the Company's initial public offering. In connection with this sale, the Company's officers, directors, stockholders and EarlyBirdCapital, Inc. also purchased an additional 126,000 private placement units from the Company at $10.00 per unit. As a result, an aggregate of $280,140,000 ($10.15 per unit sold in the initial public offering, including the over-allotment option) has been deposited in the trust account established in connection with the initial public offering.

Legato Merger Corp. II Announces Closing of Full Over-Allotment Option

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The IPO market got a break during the shortened holiday week, with just one IPO and six SPACs. Air purification company AeroClean Technologies priced its Reg A+ IPO at the low end to raise $25 million at a $139 million market cap.

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NEW YORK, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Legato Merger Corp. II (the “Company”) announced today that it closed its upsized initial public offering of 24,000,000 units at $10.00 per unit. The units are listed on the Nasdaq Global Market (“Nasdaq”) and began trading on November 22, 2021 under the ticker symbol “LGTOU”. Each unit consists of one share of common stock and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one share of common stock at a price of $11.50 per share, subject to adjustment. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, the common stock and redeemable warrants are expected to be listed on Nasdaq under the symbols “LGTO” and “LGTOW,” respectively.

Legato Merger Corp. II Announces Closing of Upsized $240,000,000 Initial Public Offering

News for Legato Merger Corp II Stock (LGTOU)