Company: LEGT
Filing Date: 2025-11-12
Form Type: 425
Source: 0001829126-25-009066
Chunk: 1

Company: Legato Merger Corp. III
Filing Date: 2025-11-12
Form: 425
Chunk 1
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 found an experienced SPAC partner, whose management team has completed nine SPAC initial public offerings and helped companies just like Einride transition to the public markets. |

| ● | Einride is a well-established company, trusted by blue-chip customers globally (including PepsiCo., GE Appliances, and Apotea), across 7 countries. |

| ● | Einride has a zero traffic incidents safety record for its autonomous deployments, and 99.7% on-time performance rate for EV and autonomous deployed vehicles. |

| ● | Einride has a current fleet of approximately 185 electric vehicles, with more than 11 million electric miles driven, and more than 350,000 executed shipments. |

Why go through this SPAC transaction instead of a traditional public offering?

| ● | A SPAC is a publicly traded company formed to identify and complete an initial business combination with an existing operating company. Following the completion of such business combination, the combined company then becomes a publicly traded company. Einride believes this is the best course of action to take as it provides Einride with: |

| i. | Access to public capital |

| ii. | A faster and more efficient route to public markets; and |

| iii. | Strategic support from experienced sponsors and institutional investors |

What cost savings come from this deal, if any?

| ● | The proposed transaction is a strategic and complementary deal for entering the public capital markets |

How will I be impacted? What changes should employees expect?

| ● | From a day-to-day perspective, employees should not expect any changes. Einride will continue to operate as it has historically. However, upon the announcement and until the proposed transaction is closed, there are strict regulations governing publicity and external communications. |

| ● | Please don’t make any public statements about our company or this proposed transaction. This includes sharing non-public operational or financial numbers, making forward-looking statements about our business performance (even with potential clients and friends), or discussing the transaction or our company on social media platforms like Facebook, X, and LinkedIn. If in any doubt as to what is acceptable or not, please refrain from posting, commenting or presenting information that may be sensitive. |

| ● | If anyone asks you about the potential transaction or Company information, please connect them with the right person on the Einride team. Only approved Einride representatives and advisors are allowed to speak officially on behalf of the company. |

| ● | Should you receive any media or investor inquiries, do not respond. Please forward the details of the request to