Legato Merger Corp II
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Legato Merger Corp II was a "blank check" company, also known as a special purpose acquisition company (SPAC), incorporated in Delaware. Led by CEO Eric Rosenfeld and President & CFO David Sgro, the company was formed to raise capital through an initial public offering (IPO) to acquire an existing private company, thereby taking it public. The company successfully raised approximately $205 million in its IPO in November 2021. Its acquisition strategy focused on businesses primarily in the infrastructure, engineering and construction, industrial, and renewables sectors in North America. In October 2023, Legato Merger Corp II completed its business combination with Southland Holdings, LLC, a leading provider of specialized infrastructure construction services. The combined entity was renamed Southland Holdings, Inc. and began trading on the NYSE American under the ticker "SLND".
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