For Q3 FY2026 ended May 31, 2026, Legato Merger Corp. IV reported net income of $1,788,263, but an operating loss of $291,168. The company had no cash and a shareholders' deficit of $5,436,227. Diluted EPS was -$0.01 for the prior quarter.
•Net income of $1,788,263 for Q3 FY2026.
•Operating loss of $291,168.
•No cash on hand; shareholders' deficit of $5,436,227.
•Diluted EPS of -$0.01 for the quarter ended November 30, 2025.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Legato Merger Corp. IV focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The company was incorporated in 2025 and is based in New York, New York.
Legato Merger Corp. IV is a blank check company, also known as a special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company does not currently have any operations or revenue-generating activities; instead, it raises capital through an initial public offering (IPO) to identify and acquire a target company. As a shell company in the financial services sector, its primary activity is to search for a suitable acquisition target that will create value for its shareholders.
Where is Legato Merger Corp. IV (LEGO) listed and in which currency?
Legato Merger Corp. IV is listed on the NYSE American exchange under the ticker symbol LEGO. The company trades in U.S. dollars (USD), which is the standard currency for stocks listed on U.S. exchanges. Being listed on a major U.S. exchange provides liquidity and visibility for investors. The NYSE American is known for listing smaller companies and SPACs, making it a suitable venue for Legato Merger Corp. IV's shares and warrants.
What sector and industry does Legato Merger Corp. IV (LEGO) belong to?
Legato Merger Corp. IV operates in the Financial Services sector and is classified under the Shell Companies industry. Shell companies are entities that have no significant operations or assets, often created to raise funds through an IPO with the intention of acquiring or merging with an existing business. In plain language, this means the company is a SPAC that serves as a vehicle for taking a private company public. The Financial Services sector encompasses a wide range of businesses that manage money, including banks, investment firms, and insurance companies, but Legato Merger Corp. IV specifically fits the niche of shell companies that facilitate mergers and acquisitions.
Where is Legato Merger Corp. IV (LEGO) headquartered?
Legato Merger Corp. IV is headquartered in New York, New York, United States. The company was incorporated in 2025, making it a newly formed entity at the time of its listing. Being based in New York places it in a major financial hub, which is advantageous for identifying potential acquisition targets and accessing capital markets. The company's focus is on the U.S. market, as indicated by its region classification as 'us'. While it may consider businesses globally, its primary operations and management are centered in the United States.