LGTO SEC filings, in plain English
Everything LEGATO MERGER CORP. II has filed with the SEC that we hold — 40 filings, newest first, 5 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
What changed: Southland Holdings, Inc. filed an 8-K on August 27, 2026, reporting that on August 26, 2026, it entered into a Settlement Agreement with Liberty Mutual Insurance Company to resolve approximately $36.4 million of losses incurred by Liberty as a surety in connection with the Washington State Convention Center project litigation. Under the agreement, Southland will pay $5 million to Liberty on or before September 30, 2026. The company preliminarily expects this settlement to favorably impact income (losses) before income taxes by approximately $29 million in the third quarter of 2026. Southland is also continuing negotiations with Zurich American Insurance Company and Fidelity and Deposit Company of Maryland regarding remaining surety payables related to the same judgment. Why it matters: The filing discloses a material financial resolution for a significant legal liability (the WSCC Judgement), which the company estimates will result in a ~$29 million positive impact on pre-tax income for Q3 2026. This directly affects the company's reported earnings and cash flow obligations, requiring investors to adjust expectations for the upcoming quarter's financial results based on this preliminary assessment.
What changed: Southland Holdings filed as Exhibit 10.2 a Second Amendment to Term Loan and Security Agreement entered into as of August 13, 2026 with a retroactive effective date as of March 17, 2026, among Southland Holdings LLC as borrower, Southland Holdings, Inc. and numerous subsidiary and joint-venture guarantors, the lenders, and Alana Porrazzo of Jennings, Haug, Keleher, McLeod & Waterfall LLP in her capacity as Trustee of the Southland Collateral Trust as agent. Why it matters: The entire operative body of the loan agreement is replaced rather than amended in parts, and it is backdated five months, so the terms in force since March 17, 2026 are those in Annex A rather than the previously filed text. The lender group is a syndicate of surety carriers acting through a collateral trust, while the restated agreement's own title page still names a different agent — a reader must work from Annex A itself to know the current terms.
What changed: Q2 2026 10-Q of Southland Holdings, Inc. (NYSE American: SLND), with 54,435,257 shares of common stock outstanding as of August 4, 2026. The cautionary note identifies among its subjects the company's ability to meet future liquidity requirements, maintain adequate working capital and comply with restrictive covenants on long-term indebtedness, to maintain adequate bonding capacity, to obtain additional capital including through debt and capital markets, and to maintain its NYSE American listing. Why it matters: This summary is drawn from the cover page and cautionary note of the report; the financial statements are not covered here. The company's Q2 2026 figures are stated in its earnings release filed the same day (accession 0001829126-26-008712).
going-concern doubtnothing moved · 1 with no prior record of ours
- Going-concern doubt
- stated · unchanged
The clause …“Liquidity In accordance with ASC 205-40, Presentation of Financial Statements—Going Concern, management has evaluated whether conditions or events, considered in the aggregate, raise substantial doubt about the Company’s ability to”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Exhibit 99.1 to an 8-K of Southland Holdings, Inc. (NYSE American: SLND): the August 12, 2026 press release reporting Q2 2026 results. Revenue fell 47.4% to $113,306 thousand from $215,382 thousand, and the result swung to a gross loss of $(71,233) thousand from a gross profit of $12,968 thousand, a gross margin of (62.9)% against 6.0%. Why it matters: Almost the entire revenue decline and gross loss is a non-cash re-estimate of claim recoveries on work already performed, not a fall in activity. The financing agreement and credit amendment with the sureties are described as still being negotiated.
- What changed vs 2025-11-12going concern APPEARED
going-concern doubt1 moved
- Going-concern doubt
- not statedstated
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“31, 2026. In accordance with ASC 205-40, Presentation of Financial Statements—Going Concern, management has evaluated whether conditions or events, considered in the aggregate, raise substantial doubt about the Company’s ability to”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Southland Holdings, Inc., the successor to Legato Merger Corp. II, called its annual meeting for Wednesday, June 10, 2026 at 9:30 a.m. Central Time as a virtual meeting, record date April 16, 2026, with beneficial ownership based on 54,218,882 shares outstanding. Frank S. Renda holds 27,865,833 shares, or 51.4%, and Rudy V. Renda holds more than 9.2 million. Named executive officers for fiscal 2025 were Frank Renda, Tim Winn, Rudy Renda and Keith Bassano, after Cody Gallarda resigned effective March 28, 2025. Why it matters: One executive holds 51.4% of the shares outright, so Southland is a controlled company in substance - every vote at this meeting, including on compensation for a management team that includes two members of the same family, is decided by the chief executive's own block. The Merger Consideration Notes issued to the sellers at closing are debt claims held by those same insiders, ranking ahead of the public equity.
- What changed vs 2025-03-04going concern APPEARED
going-concern doubt1 moved
- Going-concern doubt
- not statedstated
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“Contents In accordance with ASC 205-40, Presentation of Financial Statements—Going Concern, management has evaluated whether conditions or events, considered in the aggregate, raise substantial doubt about the Company’s ability to”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.