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Einride to go public in SPAC deal

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Einride, a Swedish autonomous electric vehicle trucking business, is planning to go public through a special purpose acquisition company deal.

The SPAC deal would be conducted with blank check company Legato Merger Corp. III. That would value Einride at $1.8 billion.

Einride expects to start trading during the first half of 2026.

Read more from CNBC.

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