Company: LEGT
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001829126-25-001098
Chunk: 94

Company: Legato Merger Corp. III
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1
Chunk 94
---
    $
    23,606

    (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  financial statements.

  F-3 

LEGATO MERGER CORP. III STATEMENTS OF OPERATIONS

    For theYear EndedNovember 30,2024

    For thePeriod from November 6, 2023 (inception) throughNovember 30,2023

    Formation costs
     
    $
    -

    $
    17,632

    General and administrative costs

    670,426

    -

    Loss from operations

    (670,426
    )

    (17,632
    )

    Other income:

    Income from Investments held in Trust Account

    8,816,362

    -

    Investment income on Cash Accounts

    70,062

    -

    Net income (loss)
     
    $
    8,215,998

    $
    (17,632
    )

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

    20,680,625

    -

    Basic and diluted net income per share, Public Shares
     
    $
    0.32

    $
    -

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

    5,118,750

    5,118,750

    Basic and diluted net income per share, Founder Shares
     
    $
    0.32

    $
    (0.01
    )

    (1)
    
    Weighted average shares outstanding of ordinary shares, basic and diluted-Founder 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  financial statements.

  F-4 

LEGATO MERGER CORP. III

 STATEMENTS OF

CHANGES IN SHAREHOLDERS’ (DEFICIT) EQUITY

For the Year Ended November 30, 2024

    Ordinary Shares

    AdditionalPaid-In

    Accumulated

    Shareholders’(Deficit)

    Shares

    Amount

    Capital

    Deficit

    Equity

    Balance at November 30, 2023