M&A: Renda Rudolph V.
Form Type: SCHEDULE 13D/A
Filing Date: 2024-12-31
Corporate Action: Acquisition
Type: Update
Accession Number: 000110465924132953
Comments: This Amendment No. 1 to Schedule 13D updates the ownership details of Rudolph "Rudy" V. Renda regarding Southland Holdings, Inc. Following the company’s Securities Purchase Agreement on December 27, 2024, Renda acquired 2,215,664 shares of Common Stock in exchange for settling several promissory notes totaling approximately $7 million. Renda currently owns a total of 9,212,257 shares, which represents 17.08% of the company's total outstanding shares. The document also details the shares held in various trusts where Renda has shared voting power. This filing serves to revise previous submissions with fresh details pertinent to Renda's holdings and the agreements made for the exchange of shares. The stocks mentioned are held for investment purposes, and Renda retains rights that may influence corporate activities.
Document Link: View Document
Additional details:
Shares Held Directly: 6092998
Shares Held Trusts: 3119259
Total Shares: 9212257
Percentage Owned: 17.08
Closing Date: 2024-12-27
Share Price: 3.43
Promissory Notes Total: 7063535.09