Southland Holdings receives $15M surety advance; seeking additional financing

Southland Holdings, Inc.

Zurich Insurance advanced ~$15M under general indemnity agreement for bonded construction obligations.
Company must indemnify and reimburse surety; working with lenders to assess impact on credit agreement.
Actively seeking additional surety funds and long-term financing arrangement; no assurances of resolution.

item 8.01

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