Southland receives $59M surety advances; negotiating with lenders for further financing

Southland Holdings, Inc.

Markel advanced ~$5M; Berkshire ~$21M; Zurich ~$33M; total ~$59M in surety funds as of Feb 4.
Company working with Callodine Commercial Finance, lenders to determine impact on existing credit agreement.
Company also seeking additional surety funds and a long-term financing arrangement; no assurances of resolution.
Surety funds used for bonded construction contract obligations and project progress.

item 8.01

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