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Southland Receives Notice of Noncompliance with NYSE American Continued Listing Standards

  • On September 23, 2026, Southland Holdings, Inc. (NYSE: SLND) received a notice from NYSE Regulation stating it is not in compliance with NYSE American continued listing standards under Sections 1003(a)(i) & 1003(a)(ii) of the Company Guide.
  • The company reported a stockholders' deficit of $248.2 million as of June 30, 2026, & net losses in each of its last three fiscal years, failing to meet the required equity thresholds of $2.0 million or $4.0 million.
  • Southland must submit a compliance plan to NYSE Regulation by October 23, 2026, detailing actions to regain compliance by March 23, 2028.
  • Shares & warrants will continue trading under symbols "SLND" & "SLND WS" during the plan period, provided the company meets other listing requirements.
  • Delisting proceedings will commence if the company fails to submit a plan, if the plan is rejected, or if compliance is not achieved by March 23, 2028.
  • The notice does not affect the company's business operations or SEC reporting obligations.
  • Southland is a leading infrastructure construction firm headquartered in Grapevine, Texas, with operations dating back to 1900.