Legato Merger Corp. III (Nasdaq: LEGT-UN) is a blank-check company in the Legato SPAC franchise, sponsored by Legato Capital Management, the New York-based investment firm that has launched multiple acquisition vehicles across the series. The company filed a Form 10-Q with the Securities and Exchange Commission on July 2, 2025, confirming it remains an active shell company in the target-search phase. The units-designated ticker indicates that IPO shares and warrants have not yet separated, a standard marker for a SPAC that has not yet announced or closed an initial business combination. The Legato franchise has historically targeted opportunities across diversified sectors including industrials and financial services. For complete filing history, financials, and deal-stage analytics on LEGT-UN, sign up for full data on SpacDesk.