---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-001451"
form_type: "8-K"
ticker: "SLND"
cik: "0001883814"
company_name: "Southland Holdings, Inc."
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T16:52:02.976995+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Legato Chairman Brian Pratt buys 150K shares at $10.30 to reduce redemptions ahead of Southland merger

## Summary
- Chairman Brian Pratt purchased 150,000 shares at $10.2967 each on Feb 8, 2023.
- Approximately 2.7 million shares had been submitted for redemption as of purchase date.
- Purchased shares will not be voted and Pratt waived redemption rights; goal is to keep trust funds in merged company.
- Purchase price is below the anticipated redemption price; Pratt cited confidence in Southland's business.
- Announcement follows SEC declaring S-4 effective on Feb 1, 2023 for the merger vote.

## SEC filing metadata
- accession: 0001829126-23-001451
- form_type: 8-K
- ticker: SLND
- cik: 0001883814
- company_name: Southland Holdings, Inc.
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883814/000182912623001451/0001829126-23-001451-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883814/000182912623001451/legatomerger2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-001451
- JSON: https://secwatch.observer/filing/0001829126-23-001451.json
- Plain text: https://secwatch.observer/filing/0001829126-23-001451.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.