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Legato Merger Corp. III (LEGT)
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Upturn Advisory Summary
11/25/2025: LEGT (1-star) is a SELL. SELL since 1 days. Simulated Profits (6.50%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit 6.5% | Avg. Invested days 341 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 11/25/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 275.54M USD | Price to earnings Ratio 33.38 | 1Y Target Price - |
Price to earnings Ratio 33.38 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range 10.10 - 10.86 | Updated Date 06/29/2025 |
52 Weeks Range 10.10 - 10.86 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.32 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -0.4% | Return on Equity (TTM) - |
Valuation
Trailing PE 33.38 | Forward PE - | Enterprise Value 274160325 | Price to Sales(TTM) - |
Enterprise Value 274160325 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding 25799400 | Shares Floating 19311090 |
Shares Outstanding 25799400 | Shares Floating 19311090 | ||
Percent Insiders 19.72 | Percent Institutions 81.05 |
Upturn AI SWOT
Legato Merger Corp. III
Company Overview
History and Background
Legato Merger Corp. III was a blank check company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Its focus was not limited to a particular industry or geographic region.
Core Business Areas
- Special Purpose Acquisition Company (SPAC): Legato Merger Corp. III's core function was to identify and merge with a private company, thereby taking the target company public.
Leadership and Structure
As a SPAC, Legato Merger Corp. III had a management team focused on deal origination, structuring, and execution. The structure typically involves a board of directors with expertise in finance and deal-making.
Top Products and Market Share
Key Offerings
- SPAC Services: Legato Merger Corp. III offered a vehicle for private companies to go public without the traditional IPO process. Market share is irrelevant here, as its success depended on the acquired target. Competitors are other SPACs, investment banks and private equity firms.
Market Dynamics
Industry Overview
The SPAC market has seen fluctuations in popularity and regulatory scrutiny. The overall industry involves mergers and acquisitions and IPO alternatives.
Positioning
Legato Merger Corp. III's position depended on the quality of the target company it aimed to acquire. It would compete with other SPACs, private equity firms, and strategic acquirers.
Total Addressable Market (TAM)
The TAM consists of all private companies seeking to go public. Legato Merger Corp. III's success depended on identifying and merging with a desirable target within this TAM.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Access to public market capital
- Flexibility in deal structuring
- Potential for high returns if successful
Weaknesses
- Dependence on identifying a suitable target
- Risk of failing to complete a merger
- Potential dilution for existing shareholders
- Market risk impacting post-merger performance
Opportunities
- Growing interest in SPACs as an alternative to IPOs
- Availability of attractive private companies
- Potential for value creation through operational improvements in the target company
Threats
- Increased competition from other SPACs
- Regulatory changes impacting SPAC structures
- Market downturn affecting merger valuations
- Failure to identify a suitable target
Competitors and Market Share
Key Competitors
- Bill Ackman's Pershing Square Tontine Holdings (PSTH)
- Churchill Capital Corp IV (CCIV) - Defunct after Lucid merger
- Gores Metropoulos II (GMII)
Competitive Landscape
The SPAC market is highly competitive, with many SPACs vying for attractive targets. Success depends on management expertise, deal-sourcing capabilities, and the ability to negotiate favorable terms.
Growth Trajectory and Initiatives
Historical Growth: Growth is not applicable to the SPAC itself; rather, it depends on the growth of the target company after the merger.
Future Projections: Future projections depend entirely on the target company's prospects.
Recent Initiatives: Recent initiatives involve deal sourcing and negotiation with potential target companies.
Summary
Legato Merger Corp. III was a SPAC designed to merge with a private company and take it public. Its success was entirely dependent on finding and merging with a promising target. As a blank check company, it carried inherent risks related to deal completion and post-merger performance. The competitive landscape of the SPAC market presented further challenges. The company's fate was ultimately determined by the quality and execution of its merger strategy.
Similar Stocks
Sources and Disclaimers
Data Sources:
- SEC Filings
- Financial News Articles
- SPAC Data Providers
Disclaimers:
This analysis is based on publicly available information and should not be considered investment advice. SPAC investments are inherently risky, and past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Legato Merger Corp. III
Exchange NYSE MKT | Headquaters New York, NY, United States | ||
IPO Launch date 2024-03-28 | CEO & Director Mr. Gregory Rush Monahan | ||
Sector Financial Services | Industry Shell Companies | Full time employees - | Website https://legatomerger.com |
Full time employees - | Website https://legatomerger.com | ||
Legato Merger Corp. III does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other related business combination with one or more target businesses or entities. The company was incorporated in 2023 and is based in New York, New York.
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