Company: LEGT
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001829126-25-001098
Chunk: 81

Company: Legato Merger Corp. III
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1
Chunk 81
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 of our executive officers or directors.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED SHAREHOLDER MATTERS

The following table sets forth information regarding the beneficial ownership of our Ordinary Shares as of the date of this Annual Report by:

    ●
    each person known by us to be the beneficial owner of more than 5% of our outstanding Ordinary Shares; 

    ●
    each of our officers and directors; and 

    ●
    all of our officers and directors as a group. 

Unless otherwise indicated, we believe that all persons named in the table have sole voting and investment power with respect to all shares beneficially owned by them. The following table does not reflect record of beneficial ownership of the Warrants included in the units offered in the IPO or the Private Placement Units as these Warrants are not convertible within 60 days of the date hereof.

    Name and address of beneficial owner(1)
     
    Amount andnature ofbeneficialownership

    Approximatepercentage ofoutstandingOrdinary Shares

    Eric S. Rosenfeld

    1,854,275

    7.2
    % 
  
    Eric S Rosenfeld 2017 Trust No. 1

    357,394

    1.4
    % 
  
    Gregory Monahan

    840,044

    3.3
    % 
  
    David D. Sgro

    25,000

    *
    %  
  
    Adam Jaffe(2)(3)

    631,569

    2.4
    % 
  
    Adam Semler(4)

    30,000

    *
    %  
  
    Brian Pratt

    1,200,000

    4.7
    % 
  
    John Ing(5)

    150,000

    *
    %  
  
    All officers and directors as a group (seven individuals)

    4,356,475

    16.9
    % 
  
    Karpus Investment Management(6)

    3,379,991

    13.1
    % 
  
    First Trust Capital Management L.P.(7)

    1,927,713

    7.5
    % 
  
    Wealthspring Capital LLC(8)

    1,671,295

    6.5
    % 

    *
    Less than one percent. 

52

        (1)