On this page of Benford's Law Stocks.com we present our study of LEGATO MERGER CORP. III — ticker symbol LEGTU. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 4/11/2024 to 7/10/2024 for LEGATO MERGER CORP. III under CIK number 0002002038. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for LEGTU, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for LEGATO MERGER CORP. III based on the past LEGTU filings our system processed in the past.
30.4
30.4
6.3
5.2
17.8
2.6
4.2
1.6
1.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 191
Recent share count: NA

= Typical range across full coverage universe
Benford's Law Stocks Indicator
191
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 2 numbers to move any given column by a full percentage point.
47

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 2's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 3's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 4's percentage was below the typical coverage universe range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 6's percentage was below the typical coverage universe range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points upon observing the 8's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 9's percentage was below the typical coverage universe range.
Benford's Law Stocks Indicator
LEGTU
Low score compared to other filers, falling in the bottom quartile.
GTE
GATEU
POCI
FGDL
KRBP
RSTN
MGAM
PXPC
Check our work! We provide our LEGATO MERGER CORP. III Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the LEGTU filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 58 numbers that start with the digit 1. Here they are:
1,953,950
19,868
12,500
15,738
15,738
10.17
1,000,000
17,632
185,916
185,916
19,563
10
12
10
12
17,632
1,308,125
1,308,125
11,932,673
146,785
146,785
1,953,950
1,953,950
16,290,717
10.00
10.00
11,669,174
1,509,375
1,953,950
10.00
10.00
100
100,000
1,953,950
146,785
1,953,950
1,308,125
10,159,799
11,932,673
10,340,313
10
10
12
12
10.00
11.50
10.00
12.50
146,785
10
15
10
1,509,375
1,000,000
12.50
10,062,500
11.50
18.00
We found 58 numbers that start with the digit 2. Here they are:
25,799,375
2,284,118
23,606
204,663,330
206,947,448
23,606
200,000,000
20,125,000
204,563,330
200,000,000
24,988
206,947,448
23,606
221,159
221,159
2,848,581
20,164
2,682,228
20,680,625
20,680,625
24,988
2,848,581
2,848,581
2,682,228
2,682,228
201,250,000
201,250,000
25,000
201,250,000
203,715,245
20,125,000
2,625,000
201,250,000
201,250,000
2,247,074
25,000
20,125,000
201,250,000
201,714,749
2,848,581
204,563,330
2,150,058
2,574,989
20,680,625
20,680,625
250,000
20,125,000
2,625,000
25,000
20
20,000
2,625,000
2.0
200,000,000
20,125,000
277,813
204,663,330
2.22
We found 12 numbers that start with the digit 3. Here they are:
330,168
3,738
37,044
3,238
37,044
3,413,330
3,212,335
3,212,335
3,413,330
310,300
3,116,505
3.5
4's 5's 6's
We found 10 numbers that start with the digit 4. Here they are:
4,697,244
4,696,676
4,530,891
4,530,323
4,697,244
4,696,676
4,025,000
46,785
4,025,000
4.198
We found 34 numbers that start with the digit 5. Here they are:
5,118,750
568
512
5,118,750
5,118,750
5,118,750
512
555,625
56
5,556,194
5,556,250
5,043,366
530,107
530,107
5,674,375
568
5,674,375
568
511,295
500
5,556,250
555,625
5,556,250
50
532,170
5,118,750
5,118,750
555,625
5,556,250
5,031,250
50,000
50,000
5,031,250
500
We found 5 numbers that start with the digit 6. Here they are:
6,889,307
600,424
637,346
656,250
60,000
7's 8's 9's
We found 8 numbers that start with the digit 7. Here they are:
7,043,750
7,080,794
7,868
7,868
7,043,750
7,043,750
75,172
7,043,750
We found 3 numbers that start with the digit 8. Here they are:
80
87,500
87,500
We found 3 numbers that start with the digit 9. Here they are:
9.20
9.20
9.935
While the above LEGTU 10Q Filed 7/10/2024 is interesting in isolation, we have found that it is also useful to take a look at older LEGATO MERGER CORP. III filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 7/10/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical LEGTU 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

30.4
30.4
6.3
5.2
17.8
2.6
4.2
1.6
1.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 47
XBRL?   [ original filing ]
Total numbers found: 191

= Typical LEGTU range from 4/11/2024 to 7/10/2024
27.3
32.9
5.6
6.2
16.8
2.5
4.3
2.5
1.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 20
XBRL?   [ original filing ]
Total numbers found: 161

= Typical LEGTU range from 4/11/2024 to 7/10/2024
 

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