Einride Completes SPAC Merger and Lists on Nasdaq as ENRD

ADAS / LIDAR
ADAS / LIDAR
Merger / DESPAC
Merger / DESPAC
Merger:
Jun 10, 2026
Industry:
COMPUTER INTEGRATED SYSTEMS DESIGN
Market Cap.:
245.62 m.

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Einride Completes Business Combination and Starts Trading on Nasdaq

New York, NY and Stockholm, Sweden - Einride AB, a global technology leader in autonomous and electric freight, announced the successful completion of its business combination with Legato Merger Corp. III. The transaction was approved by Legato shareholders on June 4, 2026.

Following the closing of this deal, Einride's American Depositary Shares (ADS) and warrants are set to commence trading on the Nasdaq stock market under the ticker symbols ENRD and ENRDW, respectively, starting June 10, 2026.

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About Einride AB

Founded in 2016, Einride is a technology company that develops and operates digital, electric and autonomous freight solutions to accelerate the transition to future proofed transportation in a cost-efficient way. Its technology platform includes AI powered planning and optimization, autonomous technologies, one of the world’s largest electric heavy-duty fleets and charging infrastructure. Einride is serving customers across North America, Europe and the Middle East.

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