About Legato Merger Corp
Legato Merger Corp. does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The company was founded in 2020 and is based in New York, New York. Address: 777 Third Avenue, New York, NY, United States, 10017
Legato Merger Corp News and around…
Latest news about Legato Merger Corp (LEGOU) common stock and company :
SAULT STE. MARIE, Ontario, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (“Algoma”) (NASDAQ: ASTL; TSX: ASTL), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that S&P Global Ratings (“S&P”) has upgraded Algoma’s issuer credit rating to ‘B-’ from ‘CCC+’, with a stable outlook. S&P’s upgrade and outlook reflect Algoma’s strengthened liquidity position and access to capital markets following the recent completion of its merger with Leg
SAULT STE. MARIE, Ontario., Oct. 22, 2021 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc., with operations based in Sault Ste. Marie, Ontario (“Algoma”) (NASDAQ: ASTL, ASTLW; TSX: ASTL, ASTL.WT), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced the addition of six new directors to its Board following the closing of Algoma’s business combination with Legato Merger Corp. (“the Transaction”). The new directors expand the range of expertise offered, and
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Michael McQuade, Chief Executive Officer, Algoma Steel Group Inc. ("Algoma" or the "Company") (TSX: ASTL) (NASDAQ: ASTL), and his team joined David Chelich,Sector Head, Business Development, TMX Group, to celebrate the Company's new listing on Toronto Stock Exchange and open the market.
NEW YORK, NEW YORK and SAULT STE. MARIE, ONTARIO, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Legato Merger Corp. (“Legato”) (Nasdaq: LEGO), a U.S. publicly-traded special purpose acquisition company, and Algoma Steel Group Inc. (“Algoma”), a fully integrated producer of hot and cold rolled steel products, today announced that Legato's stockholders have approved the previously announced business combination transaction between Legato and Algoma (the “Merger”). The holders of approximately 74% of the share
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WILMINGTON, Del., July 12, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Legato Merger Corp. (“Legato”) (NASDAQ GS: LEGO) regarding possible breaches of fiduciary duties and other violations of law related to Legato’s agreement to merge with Algoma Steel Inc. To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-legato-merger-corp. You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 96
Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Legato Merger Corp. ("LEGO" or the "Company") (LEGO) relating to its proposed acquisition of Algoma Steel, Inc. Under the terms of the agreement, LEGO will acquire Algoma through a reverse merger, with Algoma emerging as a publicly traded c
Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies:
BALA CYNWYD, PA / ACCESSWIRE / May 25, 2021 / Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Legato Merger Corp. ("Legato" or the "Company") (NASDAQ:LEGO) for possible breaches of fiduciary duty and other violations of federal and state law in connection with a merger agreement pursuant to which Legato, a special purpose acquisition company, will combine with Algoma Steel Inc.
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"Assuming no redemptions by Legato stockholders, the all-stock transaction implies a pro forma enterprise value of more than $1.3 billion at closing and approximately $1.7 billion inclusive of contingent consideration," Algoma Steel said in a statement on Monday. The deal is expected to provide Algoma Steel with $306 million of capital, including a $100 million fully committed private placement with key investors, the statement added https://prn.to/2SsIJnS. Algoma Steel will become a publicly listed company as a result of the deal, with its shares traded on the Nasdaq stock market.
The Canadian parent company of privately held Algoma Steel Inc. ("Algoma"), a leading independent steel producer with extensive steelmaking and finishing operations in Sault Ste. Marie, Ontario, Canada, and Legato Merger Corp. (NASDAQ: LEGO, LEGOU, LEGOW), a special purpose acquisition company ("Legato"), today jointly announced that they have entered into a definitive merger agreement that will result in Algoma becoming a publicly listed company with its common shares traded on the Nasdaq Stock Market. Algoma also intends to apply to list its common shares on the Toronto Stock Exchange.