Southland Holdings, Inc. (NYSE American: SLND and SLND WS) announced on September 23, 2026, that it has received a notification from NYSE Regulation stating that the company is no longer in compliance with the continued listing standards of the NYSE American.
The notice cites noncompliance with Sections 1003(a)(i) and 1003(a)(ii) of the NYSE American Company Guide. Specifically, the company failed to meet the stockholders’ equity requirements due to a significant deficit. As of June 30, 2026, Southland reported a stockholders’ deficit of $248.2 million. Additionally, the company has reported net losses in its last three fiscal years, failing the criteria for the applicable equity thresholds.
Under NYSE rules, the company must submit a plan to NYSE Regulation by October 23, 2026. This plan must outline actions the company has taken or intends to take to regain compliance with the listing standards by March 23, 2028.
The receipt of the notice does not immediately affect the trading of the company’s common stock or warrants, which will continue to be listed and traded on the NYSE American under the symbols “SLND” and “SLND WS,” respectively, during this period.
