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 10/9/2024 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.
27.4
33.3
3.5
6.5
19.4
3.0
4.0
1.5
1.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 201
Recent share count: NA

= Typical range across full coverage universe
Benford's Law Stocks Indicator
201
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.
5

Starting from a possible score of 100, we made the following score deductions:
 • The 2's percentage was higher than the 1's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) 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 point upon observing the 3's percentage was below the company's typical historical range.
 • The 4's percentage was higher than the 3'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 (includes the impact of penalty multiplier) 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.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • 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 4th column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 7's percentage was below the typical coverage universe range.
 • 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.
AAAU
ALSA
CDRPB
THMG
QETH
GBR
BRVO
QETA
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 55 numbers that start with the digit 1. Here they are:
1,738,180
19,868
12,500
15,738
15,738
10.31
1,000,000
17,632
16,083
10
10
17,632
1,308,125
1,308,125
11,932,673
146,785
121,785
1,738,180
1,738,180
17,623,612
12,500
10.00
10.00
11,669,174
1,509,375
1,738,180
10.00
10.00
100
100,000
1,738,180
1,978,209
146,785
1,308,125
10,159,799
11,932,673
10,340,313
1,147,943
10
10
10.00
11.50
10.00
12.50
135,172
146,785
10
15
10
1,509,375
1,000,000
12.50
10,062,500
11.50
18.00
We found 67 numbers that start with the digit 2. Here they are:
25,799,375
277,073
2,015,253
23,606
207,505,687
209,520,940
23,606
200,000,000
20,125,000
207,405,687
200,000,000
24,988
209,520,940
23,606
284,948
284,948
2,842,357
2,573,492
20,680,625
20,680,625
22
22
24,988
2,848,581
2,848,581
2,682,228
2,682,228
2,842,357
2,842,357
2,573,492
2,573,492
257,205
201,250,000
201,250,000
201,250,000
203,715,244
25,000
20,125,000
2,625,000
201,250,000
201,250,000
25,000
20,125,000
201,250,000
201,714,749
2,848,581
204,563,330
2,842,357
207,405,687
2,062,896
20,680,625
20,680,625
22
22
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
207,505,687
2.22
We found 7 numbers that start with the digit 3. Here they are:
3,738
37,044
3,238
37,044
36,247
3,116,506
3.5
4's 5's 6's
We found 13 numbers that start with the digit 4. Here they are:
4,966,109
4,965,541
4,530,891
4,530,323
4,697,244
4,696,676
4,966,109
4,965,541
4,025,000
4,637,885
46,785
4,025,000
4.198
We found 39 numbers that start with the digit 5. Here they are:
5,118,750
568
512
506,106
506,106
5,785,828
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
5,674,375
568
5,785,828
500
5,556,250
555,625
5,556,250
50
510,596
5,118,750
5,118,750
555,625
5,556,250
5,031,250
50,000
50,000
5,031,250
500
We found 6 numbers that start with the digit 6. Here they are:
6,255,687
6,889,307
6,255,687
600,424
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
727,064
7,043,750
7,043,750
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 10/9/2024 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 10/9/2024 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.

27.4
33.3
3.5
6.5
19.4
3.0
4.0
1.5
1.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 5
XBRL?   [ original filing ]
Total numbers found: 201

= Typical LEGTU range from 4/11/2024 to 10/9/2024
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: 43
XBRL?   [ original filing ]
Total numbers found: 191

= Typical LEGTU range from 4/11/2024 to 10/9/2024
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 10/9/2024
 

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