Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 67

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 67
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, which require shareholder approval of certain transactions that result in the issuance of 20% or more of a company’s outstanding voting power or shares of common stock outstanding before the issuance of stock or securities. In connection with the Business Combination and the PIPE Offering, New Suncrete may issue up to an aggregate of 40,782,500 shares of PubCo Class A Common Stock. Because 20% or more of Haymaker’s outstanding voting power and outstanding Ordinary Shares may be issued in connection with the Business Combination, Haymaker is required to obtain its shareholders’ approval of such issuances pursuant to NYSE listing rules. See the section titled “ Shareholder Proposal No. 6 — The NYSE Proposal ” for additional information.

Q:

Did the Haymaker Board obtain a third-party valuation or fairness opinion in determining whether or not to proceed with the Business Combination?

A:

No. The Haymaker Board did not obtain a third-party valuation or fairness opinion in connection with its determination to approve the Business Combination. Haymaker is not required to obtain an opinion from an independent investment banking firm or another valuation or appraisal firm that regularly renders fairness opinions as the target business is not affiliated with the Sponsor, the Initial Shareholders or Haymaker’s directors and officers. Haymaker’s officers and directors have substantial experience in evaluating the operating and financial merits of companies from a wide range of industries and concluded that their experience and backgrounds, together with the experience and sector expertise of Haymaker’s advisors and consultants, enabled them to make the necessary analyses and determinations regarding the Business Combination. In addition, Haymaker’s officers, directors, and advisors have substantial experience with mergers and acquisitions. Accordingly, investors will be relying solely on the judgment of the Haymaker Board in valuing Suncrete and assuming the risk that the Haymaker Board may not have properly valued the business.

Q:

What happens if I sell my SPAC Class A Ordinary Shares before the Shareholders’ Meeting?

A:

The record date for the Shareholders’ Meeting is earlier than the date that the Business Combination is expected to be completed. If you transfer your SPAC Class A Ordinary Shares after the record date, but before the Shareholders’ Meeting, unless the transferee obtains from you a proxy to vote those shares, you will retain your right to vote at the Shareholders’ Meeting. However, you will not be able to seek redemption of your SPAC Class A Ordinary Shares because you will no longer be able to deliver them for cancellation upon consummation of the Business Combination in accordance with the provisions