Southland Holdings, Inc. Files 8-K on Other Events
Ticker: SLND-WT · Form: 8-K · Filed: Dec 31, 2025 · CIK: 1883814
Sentiment: neutral
Topics: corporate-action, filing-update
Related Tickers: SLND
TL;DR
Southland Holdings (SLND) filed an 8-K on Dec 22, 2025, updating on stock and warrants.
AI Summary
Southland Holdings, Inc. filed an 8-K on December 31, 2025, reporting an event on December 22, 2025. The filing is categorized under 'Other Events' and pertains to the company's common stock and redeemable warrants. Southland Holdings, Inc. was formerly known as LEGATO MERGER CORP. II.
Why It Matters
This filing provides an update on Southland Holdings, Inc.'s corporate structure and financial instruments, which could impact investors' understanding of the company's current status.
Risk Assessment
Risk Level: low — The filing is a routine 8-K reporting 'Other Events' without immediate financial implications or significant strategic changes disclosed.
Key Players & Entities
- Southland Holdings, Inc. (company) — Registrant
- LEGATO MERGER CORP. II (company) — Former Company Name
- December 22, 2025 (date) — Date of Earliest Event Reported
- December 31, 2025 (date) — Filing Date
FAQ
What specific 'Other Events' are being reported by Southland Holdings, Inc. in this 8-K?
The filing indicates that the 'Other Events' relate to the company's common stock and redeemable warrants, but the specific details of the event are not elaborated in the provided text.
When was Southland Holdings, Inc. formerly known as LEGATO MERGER CORP. II?
The date of the name change from LEGATO MERGER CORP. II to Southland Holdings, Inc. was September 17, 2021.
What is the principal executive office address for Southland Holdings, Inc.?
The principal executive offices are located at 1100 Kubota Drive, Grapevine, TX 76051.
What is the SIC code for Southland Holdings, Inc.?
The Standard Industrial Classification (SIC) code for Southland Holdings, Inc. is 1600, which corresponds to HEAVY CONSTRUCTION OTHER THAN BUILDING CONST - CONTRACTORS.
What is the exercise price for the redeemable warrants mentioned in the filing?
The filing mentions redeemable warrants exercisable for shares of common stock at an exercise price of $11.50 per share.
Filing Stats: 618 words · 2 min read · ~2 pages · Grade level 13 · Accepted 2025-12-31 17:25:32
Key Financial Figures
- $0.0001 — ch registered Common stock, par value $0.0001 per share SLND NYSE American LLC
- $11.50 — of common stock at an exercise price of $11.50 per share SLND WS NYSE American LLC
- $30 million — e "Surety") has agreed to advance up to $30 million in funds (the "Surety Funds") under a g
- $14 million — , the Surety has advanced approximately $14 million. As a result, the Company is obligated
Filing Documents
- southland_8k.htm (8-K) — 30KB
- img_001.jpg (GRAPHIC) — 2KB
- 0001829126-25-010372.txt ( ) — 240KB
- slnd-20251222.xsd (EX-101.SCH) — 4KB
- slnd-20251222_def.xml (EX-101.DEF) — 26KB
- slnd-20251222_lab.xml (EX-101.LAB) — 36KB
- slnd-20251222_pre.xml (EX-101.PRE) — 25KB
- southland_8k_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. Advancement of Surety Funds In its industry, Southland Holdings, Inc. (the "Company") is generally required to provide surety performance and payment bonds guaranteeing the Company's completion of projects and guaranteeing payment to subcontractors and suppliers. Berkshire Hathaway Specialty Insurance Company, a surety provider of the Company (the "Surety") has agreed to advance up to $30 million in funds (the "Surety Funds") under a general indemnity agreement ("GIA") for the payment of bonded construction contract obligations and for the continued progress of such projects. Beginning on December 22, 2025 and through the date of this filing, pursuant to a GIA between the Company and the Surety, the Surety has advanced approximately $14 million. As a result, the Company is obligated to indemnify and reimburse the Surety for such Surety Funds. The Company is actively working with Callodine Commercial Finance, LLC, as agent ("Agent"), and the lenders party to the Term Loan and Security Agreement dated September 30, 2024, as amended by the First Amendment dated March 3, 2025 (the "Credit Agreement") to determine the impact that the advancement of the Surety Funds has on the Credit Agreement. Additionally, the Company is actively working with the sureties, the Agent, and the lenders party to the Credit Agreement for the advancement of additional surety funds to ensure the payment of bonded construction contract obligations and a long-term financing arrangement. There can be no assurances that a resolution for the advancement of additional surety funds or a long-term financing arrangement will be reached. 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: December 31, 2025 SOUTHLAND HOLDINGS, INC. By: /s/ Frank S. Renda Name: Frank S. Renda Title: President and Chief Executive