Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 606

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 606
---
 relationships and trade names acquired in the Concrete Acquisition on July 29, 2024. Customer relationships are amortized on a straight-line basis over their estimated useful lives. Trade names are considered indefinite-lived intangible assets, are not subject to amortization, and are tested for impairment annually, or more frequently if events or circumstances indicate a potential impairment. As of June 30, 2025, the gross carrying amount of customer relationships was $64.3 million, with accumulated amortization of $5.9 million, resulting in a net carrying amount of $58.4 million. The gross carrying amount of trade names was $16.8 million, unchanged from December 31, 2024. Amortization expense related to intangible assets acquired in the Concrete Acquisition totaled $3.2 million for the six months ended June 30, 2025. There was no amortization expense recorded for the six months ended June 30, 2024. The following table summarizes expected amortization of customer relationships as of June 30, 2025 (in thousands):

| As of June 30, | ​ | ​ | ​ | ​ |      ​ | ​ | ​ |
|:---------------|:--|:--|:--|:--|-------:|:--|:--|
| 2025           | ​ | ​ | ​ | $ |  3,215 | ​ | ​ |
| 2026           | ​ | ​ | ​ | ​ |  6,430 | ​ | ​ |
| 2027           | ​ | ​ | ​ | ​ |  6,430 | ​ | ​ |
| 2028           | ​ | ​ | ​ | ​ |  6,430 | ​ | ​ |
| 2029           | ​ | ​ | ​ | ​ |  6,430 | ​ | ​ |
| Thereafter     | ​ | ​ | ​ | ​ | 29,486 | ​ | ​ |
| Total          | ​ | ​ | ​ | $ | 58,421 | ​ | ​ |

F-81

TABLE OF CONTENTS

Note 5. Goodwill As of June 30, 2025, goodwill totaled $79.5 million, unchanged from December 31, 2024. Goodwill reflects the value of expected synergies from combining operations, the assembled workforce, and opportunities for expansion in the Oklahoma and Northwest Arkansas markets. Goodwill is not amortized but is tested for impairment