FinanceElectrive1 day ago
Einride goes public, and sees strong surge on trading debut
1 min read
Swedish freight tech company Einride went public on the Nasdaq via a SPAC merger with Legato Merger Corp. III, valued at $1.35 billion. Shares surged over 100% on the first trading day, triggering a temporary trading halt. The company raised over $200 million, including $113 million from institutional investors.
Level
Hype check
Tap to vote and see what everyone thinks.
