As of Jul 9, 2025, Legato Merger Corp. III has 1,353 shares failed to deliver, representing 11.65% of the average daily volume of 11,612 shares. Over the past year, the monthly average FTD is 4,985 shares, with the current level 73% below the historical average, indicating low settlement pressure. The weighted FTD ratio above 1% suggests potential liquidity constraints or heightened short-selling activity.