Einride to go public through Legato Merger Corp. III acquisition.

Einride, a technology company driving the transition to cost-efficient electric and autonomous freight operations, has submitted a draft registration statement with the SEC for a proposed business combination with Legato Merger Corp. III. The deal aims to combine Einride's AI-powered freight platform with Legato's special purpose acquisition company to create a new entity. The transaction is expected to enable Einride to expand its operations and further its mission of reducing emissions in the transportation industry.