Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 190

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 190
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 financial statements, the fair value of property, plant and equipment was estimated based upon historical acquisition activity. The amount of property, plant and equipment is subject to change, which could be material. (4) Adjustment necessary to remove the historical goodwill balance of the Schwarz Entities. (5) Adjustment necessary to recognize estimated goodwill acquired in the Thunder Acquisition. Goodwill was estimated based upon historical acquisition activity. The amount of goodwill is subject to change, which could be material. (6) Adjustment necessary to recognize the estimated fair value of customer relationships acquired in the Thunder Acquisition. Customer relationship value was estimated based upon historical acquisition activity. The amount of customer relationship value is subject to change, which could be material. (7) Adjustment necessary to recognize the estimated fair value of trade name acquired in the Thunder Acquisition. Trade name value was estimated based upon historical acquisition activity. The amount of trade name value estimated is subject to change, which could be material. (8) Adjustment necessary to remove the liabilities and associated right-of-use assets not being acquired in the Thunder Acquisition. Pursuant to the Equity and Asset Purchase and Contribution Agreement, only the assets of SRM Leasing and Schwarz Ready Mix. are being acquired. As such, these adjustments remove the liabilities and associated right-of-use assets associated with these two entities.

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(9) Adjustment necessary to reflect estimated direct costs for the acquisition expected to be incurred subsequent to June 30, 2025. These estimated direct costs will be incurred during the latter part of 2025 and early 2026 and have been retrospectively reflected in the Unaudited Pro Forma Condensed Combined Balance Sheet as though incurred and payable at June 30, 2025. (10) Adjustment necessary to remove the historical book balances of debt and note payable to shareholders and members. As part of the acquisition, Suncrete is not assuming any debt balances of any of the Schwarz Entities. (11) Adjustment necessary to reflect the purchase consideration, which will included a deferred cash payment of $22.7 million payable six months after the closing of the acquisition. The amount shown represents the present value of this deferred payment. (12) Adjustment necessary to reflect the purchase consideration, which will include 20,000,000 Company Preferred Units. (13) Adjustment necessary to remove the historical equity balances of the Schwarz Entities. (14) Adjustment necessary to remove the historical noncontrolling interest of the Schwarz Entities. As part of the acquisition, Suncrete is purchasing all noncontrolling interests. The fair value