Southland Holdings extends deadline to issue preferred shares to surety lenders to Nov 13, 2026

Southland Holdings, Inc.

First Amendment dated Sept 30, 2026 with surety lenders including Berkshire Hathaway Specialty, Zurich American, Hartford Fire, Markel, Federal Insurance and Euler Hermes.
Deadline to issue senior non-voting preferred shares under the Aug 13, 2026 Financial Assistance Agreement pushed from Sept 30, 2026 to no later than Nov 13, 2026.
'Non-Bonding Financing' — surety financing provided where the surety issues no bonds — converts into the senior non-voting preferred shares per the attached Preferred Shares Term Sheet.
Berkshire Hathaway Specialty Insurance Company serves as collateral agent for the surety group; agreement signed by CEO Frankie Renda for Southland entities and five shareholder indemnitors.
No principal amount, interest rate or new funding was disclosed; the amendment changes only the preferred-share issuance timing.

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