Einride, an autonomous technology and electric truck maker, announced two milestones this week. The first is a collaboration with Amazon to use its electric trucks. The other is the filing of a registration statement on Form F-4 with the U.S. Securities and Exchange Commission.

Einride filed the registration statement with special purpose acquisition company Legato Merger Corp. III on Wednesday. This filing marks the next regulatory step toward a public listing that values the Swedish company at $1.35 billion. At the same time, Einride announced Tuesday a major expansion of its Amazon partnership. The company will deploy 75 electric heavy-duty trucks across five U.S. locations.

The proposed business combination, announced last November, will list Einride on Nasdaq under the ticker symbol “ENRD.” The listing is expected around the second quarter of 2026, subject to customary closing conditions.

The transaction should deliver approximately $333 million in gross proceeds. This total includes:

• $113 million from an oversubscribed Private Investment in Public Equity (PIPE) capital raise announced Feb. 26.

• Up to $220 million from Legato’s cash-in-trust before accounting for potential redemptions and transaction expenses.

“This filing marks a significant step as we advance toward becoming a publicly listed company and continue scaling our platform globally,” said Roozbeh Charli, chief executive officer of Einride. “Over the past year, we have expanded our commercial operations, deepened partnerships with leading global shippers, and continued to deploy electric and autonomous freight solutions in real-world environments.”

Einride’s audited 2025 financial results appear in the registration statement. Revenue reached SEK 457.8 million. That figure is up from SEK 388.4 million in fiscal 2024 — or about $49.7 million and $42.2 million, respectively. The company now serves more than 30 enterprise customers across seven countries in North America, Europe and the Middle East.

Einride reports approximately $92 million in expected annual recurring revenue (ARR) from signed customer contracts. It also sees more than $800 million in potential long-term ARR through joint business plans with blue-chip customers.

“We are proud to partner with Einride at this important stage in its journey to the public markets,” said Eric Rosenfeld, chief SPAC officer of Legato. “Einride has built a differentiated platform at the intersection of electrification, autonomy and digitalization, three forces reshaping global logistics. We believe the company is well positioned to execute on its strategy and deliver long-term value as it continues to scale its operations.”