{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-24-004926","form_type":"8-K","ticker":"SLND","cik":"0001883814","company_name":"Southland Holdings, Inc.","filed_at":"2024-07-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.100733+00:00","generated_at":"2026-05-31T18:12:45.856430+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Southland completes $42.5M sale-leaseback on three properties; proceeds to reduce debt and fund corporate purposes","bullets":["Closed sale-leaseback of two Texas and one Pennsylvania property for $42.5M on July 19, 2024.","Approximately $25M used for general corporate purposes; $16M to reduce debt; remainder for expenses.","Entered 20-year net leases with aggregate first-year rent of $3.8M; two five-year renewal options.","Purchaser (GCP Southland, LLC) has put right requiring Southland to repurchase properties for $52.5M in 2029 if exercised.","CEO Frank Renda and co-COOs Tim Winn and Rudy Renda personally guarantee the put obligations; Rendas hold indirect minority interest in purchaser."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-24-004926","json":"https://secwatch.observer/filing/0001829126-24-004926.json","markdown":"https://secwatch.observer/filing/0001829126-24-004926.md","text":"https://secwatch.observer/filing/0001829126-24-004926.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1883814/000182912624004926/0001829126-24-004926-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1883814/000182912624004926/southlandhold_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T18:12:45.856430+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}