Company: SLND-WT
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001558370-25-002183
Chunk: 15

Company: Southland Holdings, Inc.
Filing Date: 2025-03-04
Form: 10-K
Item: Item 1A
Chunk 15
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Item 1A. Risk Factors

Risk Factor Summary

We are providing the following summary of the risk factors disclosed in this Annual Report to enhance the readability and accessibility of our risk factor disclosures. We encourage our stockholders to carefully review the risk factors disclosed in this Annual Report in their entirety for additional information regarding the material factors that make an investment in our securities speculative or risky.

Risks Related to Our Business and Industry

●We may lose business to competitors through competitive bidding processes.

●Our Backlog is subject to unexpected adjustments and cancellations.

●The loss of one or more customers could have an adverse effect on us.

●We are subject to risks related to government contracts and related procurement regulations.

●The timing of new contract starts, including delays, cancellations and scope alterations, may result in unpredictable fluctuations in our business.

●The nature of our contracts subjects us to risks associated with delays and cost overruns, which may not be recoverable and may result in reduced profits or losses that could have a material impact on us.

●Our financial results are based upon estimates and assumptions that may differ from actual results.

●If we are unable to accurately estimate contract risks, revenue or costs, economic factors such as inflation, the timing of new awards or the pace of project execution, we may incur a loss or achieve lower than anticipated profit.

●Our accounting for revenue recognized over time could result in a reduction or elimination of previously reported revenue and profit.

●We may incur higher costs to lease, acquire and maintain equipment necessary for our operations.

●Supply chain interruptions, including availability of materials, products or equipment, may have a negative impact on our ability to complete projects.

●Some of our contracts have penalties for late completion.

●If we are unable to attract and retain qualified managers and skilled employees, our operating costs may increase.

●We depend on key personnel and we may not be able to operate and grow our business effectively if we lose the services of any of our key persons or are unable to attract qualified and skilled personnel in the future.

●Our employees work on projects that are inherently dangerous and in locations where there are high security risks, and a failure to maintain a safe work site could result in significant losses.

●We may incur liabilities or suffer negative financial or reputational impacts relating to health and safety matters.

●We are dependent upon suppliers and subcontractors to complete many of our contracts.

●Our participation in joint ventures exposes us to liability and/or harm to our reputation for failures by our partners.

●Employee, agent or partner misconduct or