Item 5.07. Submission of Matters to a Vote of Security Holders.

On October 14, 2021, Legato Merger Corp. ("Legato") held a special meeting of stockholders ("Meeting"), which was called to approve the proposal relating to the entry into and consummation of the Agreement and Plan of Merger, dated as of May 24, 2021 (the "Merger Agreement"), by and among Legato, Algoma Steel Group Inc. (formerly known as 1295908 B.C. Ltd.), a corporation organized under the laws of the Province of British Columbia ("Algoma"), and Algoma Merger Sub, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of Algoma ("Merger Sub"). An aggregate of 22,428,133 shares of Legato's common stock, which represents a quorum of the outstanding common stock entitled to vote as of the record date of August 18, 2021, were represented in person or by proxy at the Meeting.

Legato's stockholders voted on the following proposal at the Meeting, which was approved:

(1) Proposal No. 1 - The Merger Proposal - to consider and vote upon a proposal to approve and adopt the Merger Agreement and the transactions contemplated therein, pursuant to which Merger Sub will merge with and into Legato, with Legato surviving as a wholly-owned subsidiary of Algoma, and with the securityholders of Legato becoming securityholders of Algoma (the "Merger"). The following is a tabulation of the votes with respect to this proposal, which was approved by Legato's stockholders:





   For        Against    Abstain   Broker Non-Votes
20,669,963   1,756,665    1,505           0



Prior to the Meeting, holders of an aggregate of 716 shares of Legato's common stock exercised their right to redeem their shares for cash at a redemption price of approximately $10 per share, or an aggregate of approximately $7,160.

Item 7.01 Regulation FD Disclosure.

On October 14, 2021, Legato issued a press release announcing the results of the Meeting. The press release is attached hereto as Exhibit 99.1.

The information set forth under this Item 7.01 is intended to be furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended ("Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.





(d) Exhibits:



Exhibit   Description

99.1        Press Release.
104       Cover Page Interactive Data File (embedded within the inline XBRL document)




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