Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 148

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 148
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’s legal, financial and other compliance costs. These new obligations will also make other aspects of PubCo’s business more difficult, time-consuming or costly and increase demand on PubCo’s personnel, systems and other resources. For example, to maintain and improve the effectiveness of PubCo’s disclosure controls and procedures and internal control over financial reporting, PubCo will need to commit significant resources, hire additional staff and provide additional management oversight. Furthermore, as a result of disclosure of information in this proxy statement/prospectus and in PubCo’s Exchange Act and other filings required of a public company, PubCo’s business and financial condition will become more visible, which PubCo believes may give some of its competitors who may not be similarly required to disclose this type of information a competitive advantage. In addition to these added costs and burdens, if PubCo is unable to satisfy its obligations as a public company, it could be subject to delisting of PubCo’s securities, fines, sanctions, other regulatory actions and civil litigation, any of which could negatively affect the price of the PubCo Class A Common Stock.

Suncrete has identified a material weakness in its internal control over financial reporting. Failure to establish and maintain effective internal controls in accordance with Section 404 of the Sarbanes-Oxley Act could have a material adverse effect on PubCo’s business and the price of the PubCo Class A Common Stock.

Suncrete is not currently required to comply with the rules of the SEC implementing Section 404 of the Sarbanes-Oxley Act and is therefore not required to make a formal assessment of the effectiveness of its internal control over financial reporting for that purpose. Upon becoming a public company, PubCo will be required to comply with the SEC’s rules implementing Sections 302 and 404 of the Sarbanes-Oxley Act, which will require management to certify financial and other information in PubCo’s quarterly and annual reports and provide an annual management report on the effectiveness of controls over financial reporting. Although PubCo will be required to disclose changes made in its internal controls and procedures on a quarterly basis, it will not be required to make its first annual assessment of its internal control over financial reporting pursuant to Section 404 until the year following its first annual report required to be filed with the SEC. As an emerging growth company, PubCo’s independent registered public accounting firm will not be required to formally attest to the effectiveness of its internal control over financial reporting pursuant to Section 404(a) until the later of (i) the year following PubCo’s first annual