Southland Announces Transfer to the New York Stock Exchange
February 20 2023 - 11:00AM
Southland Holdings, Inc. (NASDAQ: SLND and SLNDW) (“Southland”),
announced today it intends to transfer the listing of its common
stock and its listed warrants to the NYSE American exchange (“NYSE
American”) from the Nasdaq Stock Market (“Nasdaq”). Southland
expects that the listing and trading of its common stock and
warrants on Nasdaq will end at market close on March 1, 2023, and
that trading will commence on NYSE American at market open on March
2, 2023, under the current ticker symbols “SLND” and “SLNDW”,
respectively.
About Southland
Southland is a leading provider of specialized infrastructure
construction services across North America including bridges,
tunneling, transportation and facilities, marine, steel structures,
water and wastewater treatment, and water pipeline end markets.
With roots dating back to 1900, Southland and its subsidiaries form
one of the largest infrastructure construction companies in North
America, with experience throughout the world. Southland is
headquartered in Grapevine, Texas.
On February 14, 2023, Southland consummated the business
combination contemplated by an Agreement and Plan of Merger dated
May 25, 2022 (the “Merger Agreement”). Pursuant to the terms of the
Merger Agreement, a subsidiary of Southland merged with and into
Southland Holdings LLC, with Southland Holdings LLC surviving the
merger as a wholly-owned subsidiary of Southland. The Southland
Holdings LLC management team remained in place upon the closing of
the business combination. At such time, Southland (formerly known
as Legato Merger Corp. II) changed its name changed to Southland
Holdings, Inc.
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are neither historical facts nor assurances of future
performance. Instead, they are based only on Southland’s current
beliefs, expectations and assumptions regarding the future of
Southland’s business, future plans and strategies, projections,
anticipated events and trends, including the timing and change of
its listing to the NYSE American, the economy and other future
conditions. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict and many of
which are outside of Southland’s control. Southland’s actual
results and financial condition may differ materially from those
indicated in the forward-looking statements. Therefore, you should
not rely on any of these forward-looking statements.
Any forward-looking statement made by Southland in this press
release is based only on information currently available to
Southland and speaks only as of the date on which it is made.
Southland undertakes no obligation to publicly update any
forward-looking statement, whether written or oral, that may be
made from time to time, whether as a result of new information,
future developments or otherwise.
Southland Contacts:
Cody GallardaEVP, Chief Financial
Officercgallarda@southlandholdings.com
Alex MurrayCorporate Development & Investor
Relationsamurray@southlandholdings.com
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