Legato Merger Corp. IV
For the period ended May 31, 2026. Filed Jul 8, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
May 31, 2026 · Filed Jul 8, 2026
What changed in Management’s Discussion and Analysis?
Read the current filingPrevious report: 10-Q
Period ended 2026-02-28; filed 2026-04-14.
0001829126-26-003499
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsCurrent report: 10-Q
Period ended 2026-05-31; filed 2026-07-08.
0001829126-26-007408
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 44 previous paragraphs and 44 current paragraphs.
40 unchanged; 4 reworded; 0 added; 0 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Reworded paragraphs (4)
Previous wording
For the three and six months ended February 28, 2026, we had a net income of $686,816 and $653,061, which consisted of interest income and miscellaneous income of $743,382 and $743,367 (for the three months ended February 28, 2026, $738,005 interest income from the trust account, $5,130 interest income from the operating account, and $247 in miscellaneous income, and for the six months ended February 28, 2026, $738,004 interest income from the trust account, $5,216 interest income from the operating account, and $247 of miscellaneous income), offset by operating expenses of $56,566 and $90,406, respectively.
Current wording
For the three and nine months ended May 31, 2026, we had a net income of $1,788,263 and $2,441,324, respectively, which consisted of interest income and miscellaneous income of $2,079,431 and $2,822,899 (for the three months ended May 31, 2026, $2,063,568 interest income from the trust account and $15,863 interest income from the operating account, and for the nine months ended May 31, 2026, $2,801,573 interest income from the trust account, $21,079 interest income from the operating account, and $247 of miscellaneous income), offset by operating expenses of $291,168 and $381,575, respectively.
Previous wording
As of February 28, 2026, the Company had $2,207,369 in cash and working capital of $2,389,078.
Current wording
As of May 31, 2026, the Company had $2,427,888 in cash and working capital of $2,613,773.
Previous wording
The Company presently occupies office space provided by an entity controlled by Crescendo Advisors II, LLC. Such entity has agreed that until the Company consummates a Business Combination, it will make such office space, as well as general and administrative services including utilities and administrative support, available to the Company as may be required by the Company from time to time. The Company pays an aggregate of $25,000 per month to Crescendo Advisors II, LLC, an entity controlled by a related party, for such services commencing on January 22, 2026, the date company’s Initial Public Offering, was declared effective. For the three and six months ended February 28, 2026, the Company incurred and paid the affiliate $33,064.
Current wording
The Company presently occupies office space provided by an entity controlled by Crescendo Advisors II, LLC. Such entity has agreed that until the Company consummates a Business Combination, it will make such office space, as well as general and administrative services including utilities and administrative support, available to the Company as may be required by the Company from time to time. The Company pays an aggregate of $25,000 per month to Crescendo Advisors II, LLC, an entity controlled by a related party, for such services commencing on January 22, 2026, the date company’s Initial Public Offering, was declared effective. For the three and nine months ended May 31, 2026, the Company incurred and paid the affiliate $100,000 and $133,700 respectively.
Previous wording
The Company pays the Chief Executive Officer and Chief Financial Officer $5,000 per month for serving in such capacities. For the three and six months ended February 28, 2026, the Company incurred and paid each of the officers $13,226.
Current wording
The Company pays the Chief Executive Officer and Chief Financial Officer $5,000 per month for serving in such capacities. For the three and nine months ended May 31, 2026, the Company incurred and paid each of the officers $15,000 and $21,613, respectively.