Self-driving trucks startup Einride plans to go public via a SPAC

Einride said Wednesday it plans to go public via a merger with a special purpose acquisition company, just six weeks after the Swedish electric and autonomous truck startup raised $100 million from investors. The SPAC merger with Legato Merger Corp. values Einride at $1.8 billion in pre-money equity, according to the companies.

The deal is expected to generate about $219 million in gross proceeds, a figure that doesn’t take into account any redemption of Legato’s public shares. The company is also seeking up to $100 million in private…