Legato Merger Corp. III (LEGT) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: October 07, 2025

Risk Assessment Details

Potential Dilution: 67.83% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
26M
Potential Supply
18M
Additional shares possible
Splits
None
Past 2 years

Summary

LEGT currently has 25.8M outstanding shares. with significant dilution risk as 17.5M authorized shares could dilute existing holders by 67.8%. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Oct 07, 2025

10-Q filing | 25.8M shares outstanding

26M 18M
Jul 02, 2025

10-Q filing | 25.8M shares outstanding

26M 18M
Apr 11, 2025

10-Q filing | 25.8M shares outstanding

26M 18M
Feb 19, 2025

10-K filing | 25.8M shares outstanding

26M 18M
Oct 09, 2024

10-Q filing | 25.8M shares outstanding

26M 18M
Jul 10, 2024

10-Q filing | 25.8M shares outstanding

26M 18M
Apr 11, 2024

10-Q filing | 25.8M shares outstanding

26M 18M
Feb 14, 2024

8-K filing: Legato Merger Corp. III consummated an IPO of 20,125,000 units at $10.00 per unit, generating gross proceeds of $201,250,000, and a private placement of 555,625 units at $10.00 per unit, generating gross proceeds of $5,556,250. ($413.61M proceeds)

5M 18M
Jan 29, 2024

S-1/A filing: Initial public offering of units, each consisting of one ordinary share and one-half of one warrant, with each unit priced at $10.00.

5M 18M
Jan 24, 2024

S-1/A filing: Initial public offering of units, each consisting of one ordinary share and one-half of one warrant, at a price of $10.00 per unit, for a total offering of $175,000,000.

5M 18M
Jan 23, 2024

S-1/A filing: Legato Merger Corp. III is offering 17,500,000 units at a price of $10.00 per unit for a total of $175,000,000.

5M 18M
Jan 05, 2024

S-1/A filing: Legato Merger Corp. III is offering 17,500,000 units at $10.00 per unit for a total of $175,000,000 in an initial public offering.

5M 18M
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