secwatch.observer — SEC 8-K summary
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Issuer:     Southland Holdings, Inc. (SLND)
CIK:        0001883814
Form:       8-K/A
Filed at:   2023-03-22T23:59:59+00:00
Accession:  0001829126-23-002196
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southland Holdings LLC (acquired by SLND) reports audited FY2022 rev $1.16B, net income $60.5M
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- Revenue $1,161.4M in 2022 vs $1,279.2M in 2021 (-9.2% YoY).
- Net income attributable to Southland Holdings: $60.5M (2022) vs $38.7M (2021), +56%.
- Total assets $1.125B, total equity $359.9M as of Dec 31, 2022.
- Operating income $82.7M (2022) vs $56.1M (2021), driven by improved gross margin.
- Cash and restricted cash $72.0M at Dec 31, 2022, down from $111.2M a year earlier.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1883814/000182912623002196/0001829126-23-002196-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1883814/000182912623002196/southlandhold_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001829126-23-002196

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer