Sweden's Einride surges in Nasdaq debut

Einride AB (publ)

10/06/2026 14:47

** Swedish electric and self-driving truck firm Einride's ENRD.O shares rise 67.3% to $15.93
** Co begins trading on Nasdaq after merging with SPAC firm Legato LEGT.A
** Merger initially valued ENRD at ~$1.8 bln, later revised to ~$1.35 bln after additional financing
** ENRD's investors include Swedish EQT EQTAB.ST and Ericsson
** Co's customers include Lidl, PostNord and Carlsberg; currently has ~200 electric trucks

 (Reporting by Anhata Rooprai in Bengaluru)
 ((Anhata.Rooprai@thomsonreuters.com))