Einride and Legato Merger Corp. III say SEC has declared their registration statement effective

Einride and Legato Merger Corp. III said the U.S. Securities and Exchange Commission has declared effective their registration statement for the planned business combination, clearing a key regulatory step toward Einride's planned U.S. listing.

The companies said the SEC declared the Form F-4 effective on May 14, 2026. The announcement was made publicly on May 18.

Under the deal, Einride is expected to list American depositary shares on Nasdaq under the ticker ENRD if the merger is completed.

What happens next

Legato said its shareholders are expected to vote on the transaction at an extraordinary general meeting on June 4, 2026. The definitive proxy statement and prospectus were filed with the SEC on May 15.

The companies said closing is expected shortly after approval, subject to remaining closing conditions.

Einride and Legato announced their definitive business combination agreement in November 2025. The companies said the registration statement effectiveness was a condition needed before the transaction could move to the shareholder vote and eventual closing.