---
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"
generated_at: "2026-08-13T11:15:17.814846+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Southland secures surety financing deal; converts $150.86M to preferred shares

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-26-008737
- JSON: https://secwatch.observer/filing/0001829126-26-008737.json
- Plain text: https://secwatch.observer/filing/0001829126-26-008737.txt

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