Legato Merger Corp. II Announces Separate Trading of its Common Stock and Warrants
20 Dicembre 2021 - 2:00PM
Legato Merger Corp. II (NASDAQ: LGTOU) (the “Company”) announced
today that, commencing on or about December 22, 2021, holders of
its units sold in the Company’s initial public offering may elect
to separately trade shares of the Company’s common stock and
warrants included in the units. The shares of common stock and
warrants that are separated will trade on the Nasdaq Global Market
(“Nasdaq”) under the symbols “LGTO” and “LGTOW,” respectively. No
fractional warrants will be issued upon separation of the units and
only whole warrants will trade. Those units not separated will
continue to trade on Nasdaq under the symbol “LGTOU.” Holders of
units will need to have their brokers contact American Stock
Transfer & Trust Company, the Company’s transfer agent, in
order to separate the units into shares of common stock and
warrants.
Legato Merger Corp. II is a Delaware corporation
incorporated as a blank check company for the purpose of entering
into a merger, share exchange, asset acquisition, share purchase,
recapitalization, reorganization or similar business combination
with one or more businesses or entities. The Company’s efforts to
identify a prospective target business will not be limited to a
particular industry or geographic region although the Company
intends to initially focus on target businesses in the
infrastructure, engineering and construction, industrial and
renewables industries. The Company’s management team is comprised
of Gregory Monahan, Chief Executive Officer and Director, Eric S.
Rosenfeld, Chief SPAC Officer, Adam Jaffe, Chief Financial Officer
and Secretary, Brian Pratt, Chairman of the Board, David D. Sgro,
Vice Chairman of the Board, and Adam Semler, Ryan Hummer, D. Blair
Baker, John Ing, and Craig Martin, each a Director of the
Company.
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute
“forward-looking statements.” Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company’s final prospectus relating to the
Company’s initial public offering filed with the SEC on November
23, 2021. Copies are available on the SEC’s
website, www.sec.gov. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release, except as required by law.
Contacts:
Gregory MonahanChief Executive Officer Legato Merger Corp.
II212-319-7676
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