Legato Merger Corp. II does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It intends to focus on businesses in the infrastructure, engineering and construction, industrial, and renewables industries. The company was incorporated in 2021 and is based in New York, New York.
IPO Year: 2021
Exchange: NASDAQ
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/14/2022 | $13.00 | Buy | DA Davidson |
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DA Davidson initiated coverage of Legato Merger Corp. II with a rating of Buy and set a new price target of $13.00
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GRAPEVINE, Texas, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Southland Holdings, LLC ("Southland") announced financial results for the quarter ended September 30, 2022. Revenue of $335 million, an increase of 6% compared to the quarter ended September 30, 2021Operating income increased 228% to $46.8 million for the three months ended September 30, 2022, compared to $14.3 million in the three months ended September 30, 2021Operating income increased 89% to $61.7 million for the nine months ended September 30, 2022, compared to $32.6 million in the nine months ended September 30, 2021EBITDA increased 143% to $59.6 million for the three months ended September 30, 2022, compared to $24.6 million in th
NEW YORK and GRAPEVINE, Texas, May 25, 2022 (GLOBE NEWSWIRE) -- Privately held Southland Holdings, LLC ("Southland"), and Legato Merger Corp. II (NASDAQ:LGTO, LGTOU and LGTOW))) ("Legato II"), a special purpose acquisition company, today jointly announced that they have signed a definitive agreement for a business combination transaction (the "Business Combination"), which would result in Southland becoming a direct wholly-owned subsidiary of Legato II. As a wholly-owned subsidiary of Legato II, Southland will continue to execute its growth strategies under the leadership of Southland's current management. Legato II's Board of Directors will include five directors designated by Southlan
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4 - Southland Holdings, Inc. (0001883814) (Issuer)
4 - Southland Holdings, Inc. (0001883814) (Issuer)
4 - Southland Holdings, Inc. (0001883814) (Issuer)
4 - Southland Holdings, Inc. (0001883814) (Issuer)
4 - Southland Holdings, Inc. (0001883814) (Issuer)
4 - Southland Holdings, Inc. (0001883814) (Issuer)
4 - Southland Holdings, Inc. (0001883814) (Issuer)
4 - Southland Holdings, Inc. (0001883814) (Issuer)
4 - Southland Holdings, Inc. (0001883814) (Issuer)
4 - Southland Holdings, Inc. (0001883814) (Issuer)
GRAPEVINE, Texas, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Southland Holdings, LLC ("Southland"), and Legato Merger Corp. II (NASDAQ:LGTO, LGTOU, LGTOW))) ("Legato II"), announced today they have completed their previously announced business combination. The post-merger company will operate as Southland Holdings, Inc. and is expected to change its trading symbols from LGTO and LGTOW to SLND and SLNDW. Southland will continue to provide world class construction services under the leadership of its current management. "Today marks a historic milestone in the evolution of our company and is a testament to the 120 years of hard-working men and women who make Southland who we are today. We are proud
GRAPEVINE, Texas, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Southland Holdings, LLC ("Southland") announced today that a subsidiary in its Transportation segment, Johnson Bros., has been awarded a $50 million contract to improve and maintain streets and related infrastructure for the City of Dallas Public Works Department in Dallas, Texas. The project is expected to provide better driving conditions for the public along with improved residential and commercial driveways. The scope of work covers over 120 concrete and asphalt streets throughout the City of Dallas. This contract will be Southland's 5th contract in the last 5 years with the City of Dallas Public Works Department. Construction is e
GRAPEVINE, Texas, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Southland Holdings, LLC ("Southland") announced today that a subsidiary in its Transportation segment, Johnson Bros., has been awarded a $102 million contract to construct the Nelson Road Extension and Bridge for the Louisiana Department of Transportation and Development in Lake Charles, Louisiana. The scope of work includes a 28-span bridge over a navigable bayou and roadway construction. The project is expected to help alleviate traffic congestion for the community and create a direct route over the bayou. Construction is expected to start in 2023. About Southland Southland is a leading provider of specialized infrastructure construc
Meeting Scheduled for February 14, 2023 Stockholders of Record as of January 24, 2023, are Eligible to Vote at Annual Meeting NEW YORK, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Legato Merger Corp. II ("Legato II") (NASDAQ:LGTOU, LGTO, LGTOW))), a publicly traded special purpose acquisition company, today announced that its Annual Meeting of Stockholders (the "Meeting") has been set for February 14, 2023 at 10:00 a.m. EST. Stockholders of record as of January 24, 2023 (the "Record Date") are eligible to vote at the Meeting to consider the previously announced proposed business combination with Southland Holdings LLC ("Southland" or the "Company"), a provider of specialized infrastructure constru
GRAPEVINE, Texas, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Southland Holdings, LLC ("Southland") announced today that a subsidiary in its Civil segment, Southland Contracting, has been awarded a $70 million contract for Denver International Airport's West Gates Pond Expansion. The pond expansion project supports the airport's thirty-nine gate concourse expansion program. The project is expected to increase filtering capacity for additional aircraft deicing fluid and mitigate environmental risk for the airport. The scope of work includes constructing additional ponds, installing pump stations, and boring up to 11' diameter tunnels to accommodate underground utilities. Construction is expected to
GRAPEVINE, Texas, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Southland Holdings, LLC ("Southland") announced financial results for the quarter ended September 30, 2022. Revenue of $335 million, an increase of 6% compared to the quarter ended September 30, 2021Operating income increased 228% to $46.8 million for the three months ended September 30, 2022, compared to $14.3 million in the three months ended September 30, 2021Operating income increased 89% to $61.7 million for the nine months ended September 30, 2022, compared to $32.6 million in the nine months ended September 30, 2021EBITDA increased 143% to $59.6 million for the three months ended September 30, 2022, compared to $24.6 million in th
GRAPEVINE, Texas, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Southland Holdings, LLC ("Southland") announced today that a subsidiary in its Civil segment, Oscar Renda Contracting, has been awarded a $59 million contract to construct a water pipeline project for the Eastern New Mexico Water Utility Authority ("ENMWUA"). The scope of work includes constructing approximately 15 miles of water pipeline in Clovis, New Mexico. This project is a part of the Eastern New Mexico Rural Water System, which consists of 150 miles of water pipeline. This system provides a sustainable water supply from the Ute Reservoir to several cities and a military base in the region. The water pipeline will connect to anothe
GRAPEVINE, Texas, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Southland Holdings, LLC ("Southland") announced today it has been awarded a $596 million contract to construct a new bridge over the St. Johns River near Jacksonville for the Florida Department of Transportation ("FDOT"). The project will be completed by Southland's Transportation segment. (Photo: FDOT) The scope of work includes constructing a new four-lane, 1.8-mile bridge over the St. Johns River connecting Clay and St. Johns Counties. The new bridge's vertical clearance will be twenty feet higher from the water than the existing bridge, which will improve marine commerce in the region. Also included in the scope is the removal of
GRAPEVINE, Texas, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Southland Holdings, LLC ("Southland") announced today that a subsidiary in its Transportation segment, American Bridge Company, has been awarded two gate replacement projects for the US Army Corps of Engineers: Center Hill Dam Gate Replacement: $91 million gate replacement project on the Caney Fork River in Lancaster, Tennessee. This project includes installation of eight new spillway tainter gates and lifting machinery equipment required to operate the gates. The existing gates and lifting equipment have been in operation since the dam was originally constructed in 1948. The Center Hill Dam controls runoff from a drainage area of 2,17
GRAPEVINE, Texas, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Southland Holdings, LLC ("Southland") announced today that a subsidiary in its Civil segment, Oscar Renda Contracting, has been awarded a $155 million contract to construct a water treatment plant filter complex for the City of Dallas. The scope of work includes constructing a water filter complex, installing up to 11' diameter water pipe, and connecting to the city's existing treatment system. The water filter complex will connect to a 10' diameter tunnel Southland recently finished boring for the City of Dallas on a separate project. Construction on the newly awarded project is expected to start by the end of 2022. "This award demonst
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SC 13G/A - Southland Holdings, Inc. (0001883814) (Subject)
SC 13G/A - Southland Holdings, Inc. (0001883814) (Subject)
SC 13G - LEGATO MERGER CORP. II (0001883814) (Subject)