Company: LEGT
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001829126-25-001098
Chunk: 379

Company: Legato Merger Corp. III
Filing Date: 2025-02-19
Form: 10-K
Item: Item 2
Chunk 379
---
 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

    5,118,750

    $
    512

    $
    24,988

    $
    (17,632
    )
     
    $
    7,868

    Sale of private placement units

    555,625

    56

    5,556,194

    -

    5,556,250

    Initial classification of warrants included in the units sold in the Initial Public Offering

    -

    -

    1,308,125

    -

    1,308,125

    Ordinary shares - accretion to possible redemption value

    -

    -

    (6,889,307
    )

    (13,294,979
    )

    (20,184,286
    )

    Net income

    -

    -

    -

    8,215,998