SPAC Legato Merger to Help Algoma Steel Go Public

The video discusses Legato's merger with Al Goma, highlighting the strategic benefits and market conditions that make it a promising move. It covers the private placement and investor interest, emphasizing the strong demand in the steel industry. The potential impact of the infrastructure bill on demand is explored, along with insights into the SPAC market and valuation strategies. The focus is on finding companies with real revenues and profits, ensuring long-term stability and growth.

What is the enterprise value over EBITDA ratio for the merger with Al Goma?

• 1.9 times

• 2.5 times

• 3.0 times

• 2.0 times

How much was raised through the PIPE for the merger?

• $50 million

• $100 million

• $200 million

• $150 million

What is one of the benefits of the trade agreement between the US, Canada, and Mexico?

• No change in tariffs

• Increased tariffs on US steel

• Reduced tariffs on Canadian steel

• Increased tariffs on Mexican steel

What is the expected range of the infrastructure bill's impact on demand?

• $700 billion to $1.5 trillion

• $100 billion to $500 billion

• $600 billion to $2 trillion

• $300 billion to $1 trillion

What is a key factor for successful SPAC deals according to the speaker?

• Companies with high debt

• Companies with projected revenues

• Companies with real revenues and profits

• Companies with speculative growth