Einride lists on Nasdaq at $1.35 billion, down from the $5 billion it once discussed with banks

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Einride, the Swedish electric and autonomous trucking startup, began trading on the Nasdaq on Wednesday through a merger with blank-check firm Legato Merger Corp III. The deal values the company at approximately $1.35 billion pre-money, down from the $1.8 billion announced in November and well below the roughly $5 billion discussed in earlier IPO talks with banks, […]This story continues at The Next Web