---
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"
generated_at: "2026-05-31T18:12:45.856430+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Southland completes $42.5M sale-leaseback on three properties; proceeds to reduce debt and fund corporate purposes

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-004926
- JSON: https://secwatch.observer/filing/0001829126-24-004926.json
- Plain text: https://secwatch.observer/filing/0001829126-24-004926.txt

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