Watch for the compliance plan submission by October 23, 2026, and NYSE American's acceptance. Failure to submit or gain acceptance triggers delisting proceedings. Any equity-raising or restructuring announcement in the coming weeks would signal the company's path to compliance.
Price Chart
Executive Summary
Southland Holdings received a delisting notice from NYSE American on September 23, 2026, for failing to meet stockholders' equity requirements under Sections 1003(a)(i) and 1003(a)(ii) of the NYSE American Company Guide. The company reported a stockholders' deficit of $248.2 million at June 30, 2026, and net losses in each of its last three fiscal years. It must submit a compliance plan by October 23, 2026, and has until March 23, 2028, to regain compliance or face delisting proceedings.
Key Facts
- Received delisting notice from NYSE American on September 23, 2026
- Violated Sections 1003(a)(i) and 1003(a)(ii) of the NYSE American Company Guide
- Reported stockholders' deficit of $248.2 million at June 30, 2026
- Reported net losses in each of the last three fiscal years
- Must submit a compliance plan by October 23, 2026
- Must regain compliance by March 23, 2028
- No immediate impact on listing; shares and warrants continue trading under SLND and SLND WS
- If plan is not submitted or accepted, delisting proceedings will commence
Financial Impact
Stockholders' deficit of $248.2 million; net losses in three consecutive fiscal years; delisting risk could severely reduce institutional ownership and liquidity
Risk Factors
- Delisting if compliance plan is not submitted or accepted by NYSE American
- Inability to regain compliance by March 23, 2028, leading to delisting
- Loss of institutional investor base and reduced liquidity from potential delisting
- Continued net losses and negative equity position constrain financing options
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001829126-26-010433 |
| Document: southland_ex99-1.htm | 0001829126-26-010433 |
| Document: 0001829126-26-010433-index-headers.html | 0001829126-26-010433 |
| Document: 0001829126-26-010433-index.html | 0001829126-26-010433 |
| Document: 0001829126-26-010433.txt | 0001829126-26-010433 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 6, 2026 20d ago | 8-K | $0.7100 | awaiting T+20 | — | $0.7698 (+8.42%) |
Sep 25, 2026 4w ago | 8-K | $0.6100 $0.7555 | ▼ −23.85% | ▼ −23.88% | $0.7698 (−26.20%) |
Aug 27, 2026 8w ago | 8-K | $0.6534 $0.6100 | ▼ −6.64% | ▼ −6.90% | $0.7698 (+17.81%) |
Aug 13, 2026 10w ago | 8-K | $0.5360 $0.5891 | ▼ −9.91% | ▼ −11.65% | $0.7698 (−43.62%) |
Mar 24, 2026 31w ago | 8-K | $1.30 $1.05 | ▼ −19.23% | ▼ −28.13% | $0.7698 (−40.78%) |
US Market Status
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