Legato Merger Corp. IV (LEGO-WT)
Legato Merger Corp. IV (LEGO-WT)
| Balance Sheets | 2026-05-31 | 2026-02-28 | ||
|---|---|---|---|---|
| Cash | 2,427,888 | 2,207,369 | ||
| Prepaid expenses | 185,885 | 213,768 | ||
| Total current assets | 2,613,773 | 2,421,137 | ||
| Investments held in trust account | 232,301,573 | 230,738,005 | ||
| Total assets | 234,915,346 | 233,159,142 | ||
| Accounts payable and accrued expenses | - | 32,059 | ||
| Total current liabilities | - | 32,059 | ||
| Deferred underwriting commissions | 8,050,000 | 8,050,000 | ||
| Total liabilities | 8,050,000 | 8,082,059 | ||
| Ordinary shares subject to possible redemption, 0.0001 par value 200,000,000 shares authorized 23,000,000 at redemption value at 10.10 per share as of may31, 2026 | 232,301,573 | 230,738,005 | ||
| Ordinary shares, 0.0001 par value 200,000,000 shares authorized 8,266,667 shares issued and outstanding (excluding 23,000,000 shares subject to possible redemption) issued and outstanding as of may31, 2026 | 827 | 827 | ||
| Accumulated deficit | -5,437,054 | -5,661,749 | ||
| Total shareholders deficit | -5,436,227 | -5,660,922 | ||
| Total liabilities, ordinary shares subject to redemption and shareholders deficit | 234,915,346 | 233,159,142 | ||