Company Overview - Legato Merger Corp. IV is a Cayman Islands exempted company established for the purpose of engaging in mergers, share exchanges, asset acquisitions, share purchases, recapitalizations, reorganizations, or similar business combinations with one or more businesses or entities [2] Initial Public Offering (IPO) Details - The company has priced its initial public offering of 20,000,000 units at $10.00 per unit, which will be listed on the NYSE American Market under the ticker symbol "LEGO U" starting January 23, 2026 [1] - Each unit consists of one ordinary share and one-third of one redeemable warrant, with each whole warrant allowing the holder to purchase one ordinary share at a price of $11.50 per share [1] - The underwriters have been granted a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments [3] Target Business Focus - The company intends to initially focus on target businesses in the infrastructure, industrial, artificial intelligence, and technology industries, without limiting its efforts to a specific industry or geographic region [2]
Legato Merger Corp. IV Announces Pricing of $200,000,000 Initial Public Offering