$ENRDW

The newsletter covers Mintz legal and industry topics and summarizes energy and infrastructure deals. Key items include Array Technologies (NASDAQ: ARRY) buying Affordable Wire Management for about $203 million, MN8 Energy (NYSE: MNX) acquiring Greenbacker for $375 million, and EVgo Services (NASDAQ: EVGO) buying Stable Auto. It also notes litigation and regulatory updates in California on GHG reporting.

Einride AB (Nasdaq: ENRD) said it will report operating and financial results for the first half of 2026 ended June 30, 2026 on Aug. 18, 2026 before market open. The company will hold an earnings conference call and live webcast the same day to discuss results, with replay and materials posted on its Investor Relations site.

Einride AB (Nasdaq: ENRD) agreed to acquire Flipturn, Inc., an EV charging and energy management software provider, in an all-stock deal. The purchase price is $38.4 million, subject to adjustment, plus potential earnout shares. Flipturn adds 250+ MW of charging capacity and is expected to close in July 2026, pending approvals.

Einride AB (Nasdaq: ENRD) said it will appoint R. Lynn Atchison to its board, pending shareholder and regulatory approvals. The company noted she is a public-company board director and financial executive, currently serving on Bumble and Q2 Holdings boards. The move follows Einride’s Nasdaq listing earlier this month.

Dana Inc. will buy Eaton Mobility for $1.1 billion, combining Eaton’s transmissions, engines, emissions and electrification with Dana’s powertrain business; the expanded company is estimated to reach about $11 billion in sales in 2026. Mack and Volvo issued recalls warning nearly 800 trucks may have loose lug nuts. Einride AB completed a SPAC to list on Nasdaq (ENRD), with market cap about $1.32B. U.S. on-highway diesel averaged $5.06 (EIA).

Einride AB completed its SPAC merger with Legato Merger Corp. III and began trading on Nasdaq under ticker ENRD on June 10. The deal valued Einride at $1.8 billion initially, later cut to $1.35 billion. Shares rose to $14.99 on June 10 (about $2.2 billion market cap) before falling; by June 12 they closed at $9.39 (~$1.3 billion). Einride reported annualized revenue of about $92 million, up from $65 million, and said it has a pipeline worth over $800 million.

Einride AB began trading on Nasdaq on June 10, 2026, with American depository shares under ticker ENRD and warrants under ENRDW, according to the company. The Stockholm-based autonomous and electric freight technology firm said it has 30 global customers and a pipeline exceeding $800 million in opportunities, and it targets a $4.6 trillion total addressable market.

Einride AB said it closed its business combination with Legato Merger Corp. III after Legato shareholders approved it on June 4, 2026. Einride’s American depositary shares and warrants are set to start trading on Nasdaq on June 10 under ENRD and ENRDW. The deal values Einride at about $1.35 billion and includes $113 million raised via an oversubscribed PIPE.

Einride AB said it has closed its business combination with Legato Merger Corp. III, approved by Legato shareholders on June 4, 2026. Einride American depositary shares and warrants are expected to start trading on Nasdaq on June 10 under ENRD and ENRDW. The deal values Einride at about $1.35 billion and includes a $113 million oversubscribed PIPE, according to the company.

Legato Merger Corp. III said shareholders approved its business combination with Einride on June 4, 2026. The deal values Einride at a $1.35 billion pre-money equity value and includes a $113 million oversubscribed PIPE. After closing, Einride’s shares and warrants are expected to trade on Nasdaq as ENRD and ENRDW, respectively.