“STOCKHOLM -- Swedish autonomous-truck company Einride made its trading debut on Nasdaq on Wednesday after completing a merger with a blank-check firm in a transaction that valued Einride's equity at $1.35 billion before proceeds from the deal.
Shareholders last week approved the merger with U.S. special-purpose acquisition company Legato Merger Corp. III.
Einride develops electric self-driving freight vehicles and software platforms, and serves customers across North America, Europe and the Middle East.
The company raised $113 million earlier this year, with backers including Stockholm-based EQT Ventures, to support its technology and global expansion, including further autonomous deployments and additional commercial applications of its freight platform.
Einride AB closed at $14.99 Wednesday, up $5.47 or 57.46% from Legato Merger Corp. III's close Tuesday of $9.52.” [1]
1. Robotruck Firm Einride Begins Trading on Nasdaq. Chopping, Dominic. Wall Street Journal, Eastern edition; New York, N.Y.. 11 June 2026: B11.
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