Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 243

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 243
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 in which Suncrete operates and comparable companies in Suncrete’s industry sector. This due diligence review continued until the execution of the Business Combination Agreement on October 9, 2025. During the same period, Haymaker’s

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directors and officers reviewed trading values of certain publicly-traded companies to analyze the potential transaction. Further information about the Haymaker Board’s financial and valuation analysis is available under the section entitled “ Shareholder Proposal No. 1 — The Business Combination Proposal — Summary of Haymaker Financial and Valuation Analysis — Selected Public Company Analysis .”

On October 30, 2024, representatives of Haymaker had a telephonic meeting with representatives of Jefferies to discuss the potential business combination with Suncrete.

On November 5, 2024, the Haymaker Board met to discuss and approve proceeding with Haymaker’s investigation of the potential business combination with Suncrete.

On November 6, 2024, Haymaker and Suncrete entered into a non-disclosure agreement.

On November 14, 2024, Haymaker received Suncrete’s confidential information memorandum, including a detailed business plan, a financial forecast, and other financial and business information via an electronic data room. After receiving such information, Haymaker began to initiate an analysis of Suncrete focused on valuation and structure of a potential business combination.

On November 22, 2024, Mr. Bradley and representatives of SunTx had their first telephonic meeting to discuss a potential business combination. During that meeting, Mr. Bradley reviewed Haymaker’s strategy and the value that Haymaker and Haymaker executives could bring to Suncrete as a public company. SunTx provided a background of their firm, Suncrete, and a discussion of the ready-mix concrete industry took place.

On November 26, 2024, Mr. Bradley and representatives of Jefferies discussed various financial aspects of a potential business combination with Suncrete, including the public market viability of Suncrete and valuation metrics unique to Suncrete. In particular, Mr. Bradley noted that there is no pure public comparable for Suncrete and all the parties agreed that references and triangulation to business line peers and market aggregators would be the best mathematical foundation to value Suncrete.

On December 6, 2024, representatives of Haymaker met with representatives of SunTx in SunTx’s Dallas offices, and in some cases virtually, to discuss the potential business combination and both SunTx’s and Haymaker’s