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Autonomous-Truck Company Einride to Begin Trading on Nasdaq

Provided by Dow Jones Jun 10, 2026, 6:58:00 AM

By Dominic Chopping

STOCKHOLM--Swedish autonomous truck company Einride will make its trading debut on Nasdaq on Wednesday after completing a merger with a blank-check company in a deal that values the company at a pre-money equity value of $1.35 billion.

Shareholders last week approved the merger with U.S. special purpose acquisition company Legato Merger Corp. III.

Einride develops electric self-driving freight vehicles and software platforms, and serves customers across North America, Europe and the Middle East.

The company raised $113 million earlier this year, with backers including Stockholm-based EQT Ventures, to support its technology and global expansion, including further autonomous deployments and additional commercial applications of its freight platform.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

June 10, 2026 02:58 ET (06:58 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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