07:35 AM EDT, 06/05/2026 (MT Newswires) -- Legato Merger Corp. III ( LEGT ) shareholders have approved the blank-check company's proposed business combination with autonomous freight company Einride, Legato Merger said Friday.

The deal values Einride at a pre-money equity value of $1.35 billion.

Upon the deal's closing, the merged entity's shares -- represented by American depositary shares -- and warrants are expected to begin trading on the Nasdaq under the ticker symbols ENRD and ENRDW, respectively, the company said.

Legato Merger shares were up 1.9% in premarket activity.