Company: LEGT
Filing Date: 2025-10-07
Form Type: 10-Q
Source: 0001829126-25-007942
Chunk: 1

Company: Legato Merger Corp. III
Filing Date: 2025-10-07
Form: 10-Q
Item: Part I, Item 1
Chunk 1
---
 )
  
    Total Liabilities, Ordinary Shares Subject to Redemption, and Shareholders’ Deficit 
     
    $
    217,966,099

    $
    211,914,067

    (1)
    
     Total shares outstanding of ordinary shares include all Founder Shares, as well as Representative Founder Shares, inclusive of the full exercise of the over-allotment option. 

The accompanying notes are an integral part of these unaudited condensed financial statements.

1

LEGATO MERGER CORP. III CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED)

    For the Three Months Ended August 31, 2025

    For the Three Months Ended August 31, 2024

    For the Nine Months Ended August 31, 2025

    For the Nine Months Ended August 31, 2024

    General and administrative costs
     
    $
    269,064

    $
    284,948

    $
    744,740

    $
    506,106

    Loss from operations

    (269,064
    )

    (284,948
    )

    (744,740
    )

    (506,106
    )

    Other income:

    Income from Investments held in Trust Account

    2,260,109

    2,842,357

    6,744,927

    6,255,687

    Interest income on cash accounts

    8,340

    16,083

    51,845

    36,247

    Net income
     
    $
    1,999,385

    $
    2,573,492

    $
    6,052,032

    $
    5,785,828

    Weighted average shares outstanding of ordinary shares, basic and diluted-Public Shares(1)

    20,680,625

    20,680,625

    20,680,625

    20,680,625

    Basic and diluted net income per share, Public Shares
     
    $
    0.08

    $
    0.10

    $
    0.23

    $
    0.22

    Weighted average shares outstanding of ordinary shares, basic and diluted-Founder Shares(1)

    5,118,750

    5,118,750

    5,118