SPAC attack: Einride bets $1.35B that their SPAC will be different
SPAC attack: Einride bets $1.35B that their SPAC will be different

Swedish electric and autonomous trucking group Einride has made progress on its plan to take the company’s stock public through a $1.35 billion SPAC deal with Legato Merger Corp. III following a $113 million oversubscribed capital raise.

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Self-driving truck startup Einride raises $113M PIPE ahead of public debut

Self-driving trucks startup Einride has raised an oversubscribed $113 million PIPE in advance of its SPAC merger scheduled for early 2026.