Company: HYAC-WT
Filing Date: 2025-10-14
Form Type: 425
Source: 0001104659-25-099338
Chunk: 6

Company: Haymaker Acquisition Corp. 4
Filing Date: 2025-10-14
Form: 425
Chunk 6
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, Merger Subs and PubCo that are customary for transactions of this nature. The
Business Combination Agreement contains certain covenants of the parties, including, among others, covenants requiring that (a) the
parties will conduct their respective businesses in the ordinary course through the consummation of the Acquisition Merger, subject to
certain exceptions, (b) the parties will take all actions necessary or reasonably requested by another party to cause the PubCo
Common Stock to be issued in connection with the Mergers to be approved for listing on the New York Stock Exchange at the closing of the
Acquisition Merger, (c) SPAC and Suncrete will (x) not solicit or negotiate with third parties regarding alternative transactions
and will comply with certain related restrictions and (y) cease discussions regarding alternative transactions, (d) the parties
will jointly prepare (and PubCo and Suncrete will file as co-registrants with the SEC)
a registration statement on Form S-4 (the “Registration Statement”) for the purpose of registering under the Securities
Act of 1933, as amended (the “Securities Act”), the shares of PubCo Common Stock and Assumed SPAC Warrants to be issued
in connection with the Mergers (which Registration Statement will contain a proxy statement / prospectus for the purpose of soliciting
proxies from SPAC’s shareholders to vote in favor of adoption and approval of the Business Combination Agreement and the transactions
contemplated by the Business Combination Agreement), the Required SPAC Proposals (as defined in the Business Combination Agreement) and
certain other matters at the SPAC Shareholders’ Meeting), (e) the parties will cooperate in obtaining necessary approvals from
governmental agencies and (f) SPAC and Suncrete will use their respective commercially reasonable efforts to enable SPAC to redeem or
repurchase all of the issued and outstanding SPAC Cayman Warrants or SPAC Delaware Warrants, as applicable (other than any SPAC Cayman
Warrants or SPAC Delaware Warrants held by the Sponsor), prior to or concurrently with the Closing Date (as defined below).

Closing

Subject to, among other things (including the
closing conditions further described below), the receipt by SPAC from Suncrete of an officer’s certificate certifying to (a) the
truth and correctness of certain representations and warranties of Suncrete and (b) the compliance by Suncrete with certain covenants
and agreements set forth in the