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Legato Merger Corp. III (LEGT)



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Upturn Advisory Summary
08/28/2025: LEGT (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit 5.62% | Avg. Invested days 280 | Today’s Advisory WEAK BUY |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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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. The company did not have any specific business combination under consideration.
Core Business Areas
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 Given that it dissolved, the leadership is no longer active.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
Key Offerings
Market Dynamics
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
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.
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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