{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-24-008602","form_type":"8-K","ticker":"SLND","cik":"0001883814","company_name":"Southland Holdings, Inc.","filed_at":"2024-12-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.243638+00:00","generated_at":"2026-05-28T22:52:08.836281+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Southland converts $20M management promissory notes into 5.83M shares at $3.43","bullets":["Issued 5,830,899 shares to CEO Frank Renda (3,396,233), COO Rudy Renda (2,215,664), and COO Tim Winn (219,002).","Conversion price $3.43 per share, using 30-day VWAP (greater of that or closing price on closing date).","Notes discharged include obligations dating back to 2016, 2023, and 2024; cash paid for fractional shares.","Transaction strengthens balance sheet by reducing $20M debt, reinforces management confidence, says CEO Frank Renda.","Shares issued under Section 4(a)(2) / Regulation D private placement; not registered under Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-24-008602","json":"https://secwatch.observer/filing/0001829126-24-008602.json","markdown":"https://secwatch.observer/filing/0001829126-24-008602.md","text":"https://secwatch.observer/filing/0001829126-24-008602.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1883814/000182912624008602/0001829126-24-008602-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1883814/000182912624008602/southlandhold_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T22:52:08.836281+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"}