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LEGT
Upturn stock ratingUpturn stock rating

Legato Merger Corp. III (LEGT)

Upturn stock ratingUpturn stock rating
$10.72
Last Close (24-hour delay)
Profit since last BUY5.62%
upturn advisory
WEAK BUY
BUY since 280 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

08/28/2025: LEGT (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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 5.62%
Avg. Invested days 280
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

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

ai summary icon Upturn AI SWOT

Legato Merger Corp. III

stock logo

Company Overview

overview logo 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. The company did not have any specific business combination under consideration.

business area logo Core Business Areas

leadership logo Leadership and Structure

Legato Merger Corp. III leadership team typically consisted of a CEO, CFO, and board of directors, responsible for identifying and executing a merger. Given that it dissolved, the leadership is no longer active.

Top Products and Market Share

overview logo Key Offerings

Market Dynamics

industry overview logo Industry Overview

SPACs experienced a boom and bust cycle. Over-saturation and increased regulatory scrutiny have made SPACs a less popular investment vehicle.

Positioning

Legato Merger Corp. III was a player within the SPAC market, seeking to identify and merge with a promising private company. The company liquidated.

Total Addressable Market (TAM)

TAM is irrelevant in this case as the company failed to identify a target, and liquidated.

Upturn SWOT Analysis

Strengths

Weaknesses

  • Failed to identify a suitable merger target
  • Liquidated and returned capital to shareholders
  • SPAC structure inherently risky.

Opportunities

Threats

  • Inability to find suitable merger targets
  • Market volatility and economic downturn
  • Increased regulatory scrutiny on SPACs

Competitors and Market Share

competitor logo Key Competitors

Competitive Landscape

N/A

Growth Trajectory and Initiatives

Historical Growth: N/A

Future Projections: N/A

Recent Initiatives: N/A

Summary

Legato Merger Corp. III was a blank check company that ultimately failed to identify a suitable merger target and was subsequently liquidated. The company's structure as a SPAC, while initially attractive, proved to be a disadvantage in a saturated and volatile market. As a result, no long-term value was created, and all capital was returned to shareholders. The SPAC market has significantly declined, making successful mergers more difficult to execute.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Financial News Sources

Disclaimers:

The information provided is for informational purposes only and does not constitute investment advice. Due to the company's liquidation, some data may be unavailable or outdated.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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 -
Full time employees -

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.