[8-K] Southland Holdings, Inc. Reports Material Event
Southland Holdings held its 2025 annual meeting of stockholders on June 13, with 87.1% of shares (47,049,024 of 53,996,404 total shares) represented. Three key proposals were voted on:
- Board Declassification: Shareholders approved amending the Certificate of Incorporation and Bylaws to declassify the Board of Directors with 43.6M votes in favor (96.2% approval)
- Director Elections: Two Class II directors were elected: - Izzy Martins (43.6M votes in favor) - Rudy Renda (43.5M votes in favor) Their terms will expire in 2026 if the declassification proposal is implemented, otherwise 2028
- Auditor Ratification: Grant Thornton LLP was ratified as independent auditor for FY2025 with 45.3M votes in favor (96.3% approval)
The company is classified as an emerging growth company. All proposals received strong shareholder support, with approval rates above 96% for each item.
Southland Holdings ha tenuto l'assemblea annuale degli azionisti 2025 il 13 giugno, con il 87,1% delle azioni rappresentate (47.049.024 su 53.996.404 azioni totali). Sono state votate tre proposte chiave:
- Declassificazione del Consiglio: Gli azionisti hanno approvato la modifica del Certificato di Incorporazione e dello Statuto per declassificare il Consiglio di Amministrazione con 43,6 milioni di voti favorevoli (96,2% di approvazione)
- Elezzioni dei Direttori: Sono stati eletti due direttori di Classe II:
- Izzy Martins (43,6 milioni di voti favorevoli)
- Rudy Renda (43,5 milioni di voti favorevoli)
I loro mandati scadranno nel 2026 se la proposta di declassificazione sarà attuata, altrimenti nel 2028 - Ratifica del Revisore: Grant Thornton LLP è stata ratificata come revisore indipendente per l'anno fiscale 2025 con 45,3 milioni di voti favorevoli (96,3% di approvazione)
L’azienda è classificata come una società in crescita emergente. Tutte le proposte hanno ricevuto un forte sostegno dagli azionisti, con tassi di approvazione superiori al 96% per ogni punto all'ordine del giorno.
Southland Holdings celebró su reunión anual de accionistas 2025 el 13 de junio, con el 87,1% de las acciones representadas (47.049.024 de 53.996.404 acciones totales). Se votaron tres propuestas clave:
- Desclasificación del Consejo: Los accionistas aprobaron modificar el Certificado de Incorporación y los Estatutos para desclasificar la Junta Directiva con 43,6 millones de votos a favor (96,2% de aprobación)
- Elección de Directores: Se eligieron dos directores de Clase II:
- Izzy Martins (43,6 millones de votos a favor)
- Rudy Renda (43,5 millones de votos a favor)
Sus mandatos vencerán en 2026 si se implementa la propuesta de desclasificación, de lo contrario en 2028 - Ratificación del Auditor: Grant Thornton LLP fue ratificada como auditor independiente para el año fiscal 2025 con 45,3 millones de votos a favor (96,3% de aprobación)
La compañía está clasificada como una empresa en crecimiento emergente. Todas las propuestas recibieron un fuerte apoyo de los accionistas, con tasas de aprobación superiores al 96% para cada punto.
Southland Holdings는 6월 13일 2025년 연례 주주총회를 개최했으며, 총 주식의 87.1%(53,996,404 주 중 47,049,024 주)가 참석했습니다. 세 가지 주요 안건에 대해 투표가 진행되었습니다:
- 이사회 분류 해제: 주주들은 정관 및 내규를 수정하여 이사회를 분류 해제하는 안건을 찬성 4,360만 표(96.2% 찬성)로 승인했습니다.
- 이사 선출: 클래스 II 이사 두 명이 선출되었습니다:
- 이지 마틴스 (4,360만 표 찬성)
- 루디 렌다 (4,350만 표 찬성)
분류 해제 안건이 시행되면 임기는 2026년에 종료되며, 그렇지 않으면 2028년에 종료됩니다. - 감사인 승인: Grant Thornton LLP가 2025 회계연도 독립 감사인으로 승인되었으며, 찬성표는 4,530만 표(96.3% 찬성)였습니다.
회사는 신흥 성장 기업으로 분류됩니다. 모든 안건은 96% 이상의 높은 주주 찬성률을 받았습니다.
Southland Holdings a tenu son assemblée annuelle des actionnaires 2025 le 13 juin, avec 87,1% des actions représentées (47 049 024 sur 53 996 404 actions totales). Trois propositions clés ont été soumises au vote :
- Déclassification du conseil d'administration : Les actionnaires ont approuvé la modification du certificat de constitution et des statuts pour déclassifier le conseil d'administration avec 43,6 millions de votes en faveur (96,2% d'approbation)
- Élections des administrateurs : Deux administrateurs de classe II ont été élus :
- Izzy Martins (43,6 millions de votes en faveur)
- Rudy Renda (43,5 millions de votes en faveur)
Leur mandat expirera en 2026 si la proposition de déclassification est mise en œuvre, sinon en 2028 - Ratification de l'auditeur : Grant Thornton LLP a été ratifié en tant qu'auditeur indépendant pour l'exercice 2025 avec 45,3 millions de votes en faveur (96,3% d'approbation)
La société est classée comme une entreprise en croissance émergente. Toutes les propositions ont reçu un fort soutien des actionnaires, avec des taux d'approbation supérieurs à 96% pour chaque point.
Southland Holdings hielt am 13. Juni seine Hauptversammlung 2025 ab, bei der 87,1% der Aktien vertreten waren (47.049.024 von insgesamt 53.996.404 Aktien). Über drei wichtige Vorschläge wurde abgestimmt:
- Entklassifizierung des Vorstands: Die Aktionäre stimmten der Änderung der Satzung und der Geschäftsordnung zur Entklassifizierung des Vorstands mit 43,6 Mio. Stimmen dafür (96,2% Zustimmung) zu
- Wahl der Direktoren: Zwei Direktoren der Klasse II wurden gewählt:
- Izzy Martins (43,6 Mio. Stimmen dafür)
- Rudy Renda (43,5 Mio. Stimmen dafür)
Ihre Amtszeit endet 2026, wenn der Entklassifizierungsvorschlag umgesetzt wird, andernfalls 2028 - Bestätigung des Wirtschaftsprüfers: Grant Thornton LLP wurde als unabhängiger Wirtschaftsprüfer für das Geschäftsjahr 2025 mit 45,3 Mio. Stimmen dafür bestätigt (96,3% Zustimmung)
Das Unternehmen ist als wachsendes Jungunternehmen eingestuft. Alle Vorschläge erhielten eine starke Unterstützung der Aktionäre mit Zustimmungsraten von über 96% für jeden Punkt.
- Strong shareholder participation with 87.1% of shares represented at annual meeting
- Shareholders approved board declassification with overwhelming support (43.6M votes for vs 1.7M against), improving corporate governance
- Both director nominees received strong approval with over 43M votes each, indicating strong shareholder confidence in leadership
- None.
Insights
Southland Holdings approved board declassification, improving shareholder rights by enabling annual director elections instead of staggered terms.
The shareholders of Southland Holdings have overwhelmingly approved the declassification of the company's Board of Directors, with over 43.6 million votes in favor (representing approximately 96% of votes cast on this proposal). This governance reform represents a significant enhancement to shareholder rights and corporate accountability. By moving from a staggered board structure to annual elections for all directors, shareholders gain more frequent opportunities to evaluate board performance and express their views through voting.
The declassification means directors who previously would have served three-year terms will now stand for election annually beginning at the 2026 meeting. This change aligns with modern corporate governance best practices advocated by institutional investors and proxy advisory firms. Declassified boards are generally associated with increased board responsiveness to shareholders and can remove anti-takeover protections that sometimes shield underperforming management teams. The strong voter turnout of 87.1% of eligible shares demonstrates active shareholder engagement, with both director nominees receiving strong support exceeding 95% of votes cast.
Southland Holdings ha tenuto l'assemblea annuale degli azionisti 2025 il 13 giugno, con il 87,1% delle azioni rappresentate (47.049.024 su 53.996.404 azioni totali). Sono state votate tre proposte chiave:
- Declassificazione del Consiglio: Gli azionisti hanno approvato la modifica del Certificato di Incorporazione e dello Statuto per declassificare il Consiglio di Amministrazione con 43,6 milioni di voti favorevoli (96,2% di approvazione)
- Elezzioni dei Direttori: Sono stati eletti due direttori di Classe II:
- Izzy Martins (43,6 milioni di voti favorevoli)
- Rudy Renda (43,5 milioni di voti favorevoli)
I loro mandati scadranno nel 2026 se la proposta di declassificazione sarà attuata, altrimenti nel 2028 - Ratifica del Revisore: Grant Thornton LLP è stata ratificata come revisore indipendente per l'anno fiscale 2025 con 45,3 milioni di voti favorevoli (96,3% di approvazione)
L’azienda è classificata come una società in crescita emergente. Tutte le proposte hanno ricevuto un forte sostegno dagli azionisti, con tassi di approvazione superiori al 96% per ogni punto all'ordine del giorno.
Southland Holdings celebró su reunión anual de accionistas 2025 el 13 de junio, con el 87,1% de las acciones representadas (47.049.024 de 53.996.404 acciones totales). Se votaron tres propuestas clave:
- Desclasificación del Consejo: Los accionistas aprobaron modificar el Certificado de Incorporación y los Estatutos para desclasificar la Junta Directiva con 43,6 millones de votos a favor (96,2% de aprobación)
- Elección de Directores: Se eligieron dos directores de Clase II:
- Izzy Martins (43,6 millones de votos a favor)
- Rudy Renda (43,5 millones de votos a favor)
Sus mandatos vencerán en 2026 si se implementa la propuesta de desclasificación, de lo contrario en 2028 - Ratificación del Auditor: Grant Thornton LLP fue ratificada como auditor independiente para el año fiscal 2025 con 45,3 millones de votos a favor (96,3% de aprobación)
La compañía está clasificada como una empresa en crecimiento emergente. Todas las propuestas recibieron un fuerte apoyo de los accionistas, con tasas de aprobación superiores al 96% para cada punto.
Southland Holdings는 6월 13일 2025년 연례 주주총회를 개최했으며, 총 주식의 87.1%(53,996,404 주 중 47,049,024 주)가 참석했습니다. 세 가지 주요 안건에 대해 투표가 진행되었습니다:
- 이사회 분류 해제: 주주들은 정관 및 내규를 수정하여 이사회를 분류 해제하는 안건을 찬성 4,360만 표(96.2% 찬성)로 승인했습니다.
- 이사 선출: 클래스 II 이사 두 명이 선출되었습니다:
- 이지 마틴스 (4,360만 표 찬성)
- 루디 렌다 (4,350만 표 찬성)
분류 해제 안건이 시행되면 임기는 2026년에 종료되며, 그렇지 않으면 2028년에 종료됩니다. - 감사인 승인: Grant Thornton LLP가 2025 회계연도 독립 감사인으로 승인되었으며, 찬성표는 4,530만 표(96.3% 찬성)였습니다.
회사는 신흥 성장 기업으로 분류됩니다. 모든 안건은 96% 이상의 높은 주주 찬성률을 받았습니다.
Southland Holdings a tenu son assemblée annuelle des actionnaires 2025 le 13 juin, avec 87,1% des actions représentées (47 049 024 sur 53 996 404 actions totales). Trois propositions clés ont été soumises au vote :
- Déclassification du conseil d'administration : Les actionnaires ont approuvé la modification du certificat de constitution et des statuts pour déclassifier le conseil d'administration avec 43,6 millions de votes en faveur (96,2% d'approbation)
- Élections des administrateurs : Deux administrateurs de classe II ont été élus :
- Izzy Martins (43,6 millions de votes en faveur)
- Rudy Renda (43,5 millions de votes en faveur)
Leur mandat expirera en 2026 si la proposition de déclassification est mise en œuvre, sinon en 2028 - Ratification de l'auditeur : Grant Thornton LLP a été ratifié en tant qu'auditeur indépendant pour l'exercice 2025 avec 45,3 millions de votes en faveur (96,3% d'approbation)
La société est classée comme une entreprise en croissance émergente. Toutes les propositions ont reçu un fort soutien des actionnaires, avec des taux d'approbation supérieurs à 96% pour chaque point.
Southland Holdings hielt am 13. Juni seine Hauptversammlung 2025 ab, bei der 87,1% der Aktien vertreten waren (47.049.024 von insgesamt 53.996.404 Aktien). Über drei wichtige Vorschläge wurde abgestimmt:
- Entklassifizierung des Vorstands: Die Aktionäre stimmten der Änderung der Satzung und der Geschäftsordnung zur Entklassifizierung des Vorstands mit 43,6 Mio. Stimmen dafür (96,2% Zustimmung) zu
- Wahl der Direktoren: Zwei Direktoren der Klasse II wurden gewählt:
- Izzy Martins (43,6 Mio. Stimmen dafür)
- Rudy Renda (43,5 Mio. Stimmen dafür)
Ihre Amtszeit endet 2026, wenn der Entklassifizierungsvorschlag umgesetzt wird, andernfalls 2028 - Bestätigung des Wirtschaftsprüfers: Grant Thornton LLP wurde als unabhängiger Wirtschaftsprüfer für das Geschäftsjahr 2025 mit 45,3 Mio. Stimmen dafür bestätigt (96,3% Zustimmung)
Das Unternehmen ist als wachsendes Jungunternehmen eingestuft. Alle Vorschläge erhielten eine starke Unterstützung der Aktionäre mit Zustimmungsraten von über 96% für jeden Punkt.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
(Exact Name of Registrant as Specified in Charter)
| (State or Other Jurisdiction | (Commission | (IRS Employer | ||
| of Incorporation) | File Number) | Identification No.) |
(Address of Principal Executive Offices) (Zip Code)
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c)) |
Securities registered pursuant to section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 13, 2025, Southland Holdings, Inc. (the “Company”) held its 2025 annual meeting of stockholders. The total number of shares of the Company’s common stock, par value $0.0001 per share, issued, outstanding and entitled to vote at the meeting was 53,996,404 shares. Represented at the meeting either in person or by proxy were 47,049,024 shares, or 87.1% of shares entitled to vote. All proposals were approved by the requisite stockholder vote. The results of the votes for the proposals were as follows:
Proposal No. 1 – Declassification of the Board of Directors
To approve the declassification of the Company’s Board of Directors by amending the Company’s (1) Second Amended and Restated Certificate of Incorporation and (2) Amended and Restated Bylaws.
| Votes Cast For | Votes Cast Against | Abstentions | Broker Non-Votes |
| 43,605,325 | 1,715,789 | 10,029 | 1,717,881 |
Proposal No. 2 – Election of Directors
To elect two Class II directors of the Company for a term set to expire at the 2028 annual meeting or if Proposal 1 is approved, at the 2026 annual meeting.
| Votes Cast For | Votes Cast Against | Abstentions | Broker Non-Votes | |
| Izzy Martins | 43,583,584 | 1,732,484 | 14,805 | 1,717,881 |
| Rudy Renda | 43,483,440 | 1,839,358 | 8,345 | 1,717,881 |
Proposal No. 3 – Ratification of Independent Registered Public Accounting Firm
To ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.
| Votes Cast For | Votes Cast Against | Abstentions | |
| 45,334,515 | 1,714,414 | 95 |
1
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: June 20, 2025 | SOUTHLAND HOLDINGS, INC. | ||
| By: | /s/ Frank S. Renda | ||
| Name: | Frank S. Renda | ||
| Title: | President and Chief Executive Officer | ||
2
FAQ
What were the voting results for SLND's board declassification proposal in June 2025?
Who were the Class II directors elected to SLND's board in 2025?
What was the shareholder participation rate at SLND's 2025 annual meeting?
Did SLND shareholders approve Grant Thornton as their 2025 auditor?
Is SLND considered an emerging growth company as of June 2025?
