Welcome to KehindePopoola.com

ECA2021-229 – Information Regarding the Business Combination of Legato Merger Corp. (LEGO/U/W) & Algoma Steel Group Inc.

The business combination of Legato Merger Corp. (LEGO/U/W) & Algoma Steel Group Inc. became effective today, October 19, 2021. As a result of the business combination, the common stock, warrant, and unit of (LEGO/U/W) will be suspended from trading. The suspension details are as follows:

Company Name/Issue: Legato Merger Corp. Common Stock
CUSIP#: 52473X106
Symbol: LEGO
Last Trading Date: October 19, 2021
Marketplace Effective Date for Suspension: October 20, 2021
Merger Consideration: One (1) share of ASTL for each share held.
Company Name/Issue: Legato Merger Corp. Warrant
CUSIP#: 52473X114
Symbol: LEGOW
Last Trading Date: October 19, 2021
Marketplace Effective Date for Suspension: October 20, 2021
Merger Consideration: One (1) ASTLW warrant for each warrant held.
Company Name/Issue: Legato Merger Corp. Units
CUSIP#: 52473X205
Symbol: LEGOU
Last Trading Date: October 19, 2021
Marketplace Effective Date for Suspension: October 20, 2021
Merger Consideration: Unit will separate into its components.

As a result of the merger the combined company will be listed on the Nasdaq Global Market. The details are as follows:

Company: Algoma Steel Group Inc. Common Shares
CUSIP#: 015658107
Symbol: ASTL
Marketplace Effective Date: October 20, 2021
Company: Algoma Steel Group Inc. Warrant expiring 10/19/26
CUSIP#: 015658115
Symbol: ASTLW
Marketplace Effective Date: October 20, 2021

If you would like to register as a market maker in ASTL or ASTLW, contact Nasdaq Trading Services at +1 212 231 5100.


Email Alert Subscriptions:

Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq’s trading and data products, regulatory issues or marketplace initiatives.

Please follow Nasdaq on FacebookRSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

Have something to add? Share it in the comments.

Your email address will not be published. Required fields are marked *