{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-26-008737","form_type":"8-K","ticker":"SLND","cik":"0001883814","company_name":"Southland Holdings, Inc.","filed_at":"2026-08-13T11:10:16+00:00","discovered_at":"2026-08-13T11:15:00.342696+00:00","generated_at":"2026-08-13T11:15:17.814846+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Southland secures surety financing deal; converts $150.86M to preferred shares","bullets":["Sureties provided $209.8M total financing as of June 30, 2026: $58.97M bonding, $150.86M non-bonding.","Non-bonding financing to convert into $150.86M senior non-voting preferred shares, issued by Sept 30, 2026.","Credit Agreement interest rate cut to 4% PIK from 7.25%+SOFR; quarterly amortization and financial covenants suspended.","$89.1M Washington State Convention Center settlement repayment terms still under negotiation.","Preferred shares have $1,000 stated value, perpetual, senior to all equity; excess converts back to unsecured debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-26-008737","json":"https://secwatch.observer/filing/0001829126-26-008737.json","markdown":"https://secwatch.observer/filing/0001829126-26-008737.md","text":"https://secwatch.observer/filing/0001829126-26-008737.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1883814/000182912626008737/0001829126-26-008737-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1883814/000182912626008737/southland_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-13T11:15:17.814846+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"}