Company: LEGT
Filing Date: 2025-11-12
Form Type: 8-K
Source: 0001829126-25-008966
Chunk: 1

Company: Legato Merger Corp. III
Filing Date: 2025-11-12
Form: 8-K
Item: Item 1.01
Chunk 1
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 respect to claims for intentional fraud in the making of such representations and warranties.

Covenants

The BCA includes customary covenants of the parties with respect to business operations prior to consummation of the Transactions and efforts to satisfy conditions to the consummation of the Transactions. The BCA also contains additional covenants of the parties, including, among others, covenants providing for:

  Legato and Einride to jointly prepare and file a Registration Statement on Form F-4 (the “ Registration Statement ”), including a proxy statement for the solicitation of approval of the adoptio...  

  following the date the Registration Statement is declared effective by the SEC under the Securities Act of 1933, as amended (the “ Securities Act ”), Legato to establish a record date for, duly...  
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  Einride to adopt an incentive equity plan to be effective following the Closing, with the number of Einride Common Shares to be allocated under such incentive equity plan equal to 7.5% of the t...  

  Legato to use reasonable best efforts to ensure Legato remains listed as a public company on, and for the Legato ordinary shares and warrants to continue to be listed on, the Exchange until the...  

  each party to abide by exclusivity provisions set forth in the BCA;  

  Legato to purchase a “tail” directors’ and officers’ liability insurance policy, or if Legato fails to do so prior to Closing, the Company and Merger Sub to purchase such a “tail” policy;  

  Legato to terminate certain existing agreements with its securityholders, including the management services agreement with an affiliate of its SPAC officer;  

  Legato and Einride to use their reasonable best efforts to identify and obtain commitments from potential investors for a private investment in the Company to be consummated concurrently with t...  

  Einride to cause its shareholders agreement to be terminated;  

  Einride to enter into a new registration rights agreement with certain of the shareholders of Legato and Einride, which agreement will replace Legato’s existing registration rights agreement;  

  Einride to use reasonable best efforts to cause holders of Einride shares and Einride vested in-the-money derivatives, who hold an aggregate of at least 90% of the Einride Common Shares outstan...  

  Einride to obtain the approval from the