• American Bridge, wholly owned unit of Southland Holdings, reached settlement with Clark/Lewis joint venture over Washington State Convention Center expansion project disputes in Seattle.
• Settlement addresses litigation tied to a court judgment of about $57.1 million against American Bridge and its sureties, which sureties already paid at $57.8 million including post-judgment interest.
• Sureties must pay Clark/Lewis an additional about $26.5 million under settlement terms.
• American Bridge continues appeal of sanctions order, with settlement reserving rights tied to that appeal.
• Sureties agreed to forbear repayment demands on amounts paid for American Bridge until at least March 27, 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southland Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-003120), on April 02, 2026, and is solely responsible for the information contained therein.