Southland Holdings, Inc. (SLND.W) Warrant
Each SLND.W warrant gives the holder the right to buy 1 share of Southland Holdings, Inc. at $11.50 per share, until February 14, 2028. The stock last closed at $0.67, below the strike, so the warrant is out of the money. Southland Holdings, Inc. has a market value of about $36.47M. There are 14.39M listed warrants; exercising all of them would add 26.4% to the 54.44M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2028-02-14
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.52
From the issuer's S-1/A (2023-05-01).
Company and stock
- Company
- Southland Holdings, Inc.
- Underlying stock
- SLND
- Share price
- $0.67
- Market cap
- $36.47M
- Shares outstanding
- 54.44M
- 12-month range
- $0.54 – $4.80
- 12-month change
- -84%
- Value of all listed warrants
- $247.43K (0.7% of market cap)
- Industry
- Heavy Construction Other Than Bldg Const - Contractors
- Head office
- Grapevine, TX
- Incorporated in
- Delaware
Market cap is the last share price times shares outstanding (as of 2026-08-04). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.0172
- Price / model
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Dilution
- Shares outstanding
- 54.44M
- Listed warrants
- 14.39M
- Dilution if all exercised
- 26.4%
Warrant count from filing text: public warrants.
Filings and events
- Terms source: S-1/A
- Merger closed; the warrants became warrants of the combined company
Questions about SLND.W
When does the SLND.W warrant expire?
SLND.W expires on February 14, 2028.
What is the strike price of SLND.W?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Southland Holdings, Inc. redeem the SLND.W warrants early?
Yes. The company can call them if the share price reaches $18.00 for the required period (usually 20 of 30 trading days).
How many SLND.W warrants are outstanding?
14.39M listed warrants, equal to 26.4% dilution if all are exercised.
Related warrants
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