Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 660

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 660
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 | 50,000 | ​ | ​ | ​ | ​                | $ | 50,000 | ​ | ​ |

Note 8. Related-Party Transactions Transactions with companies under common ownership include the following at December 31:

| ​                             
 Accounts receivable           | ​ 
 ​ | ​ 
 ​ | June 30,2025 
 ​            | ​ |       ​ | ​ | ​ 
 ​ | ​ 
 ​ | December 31,2024 
 ​                | ​ |         ​ | ​ | ​ 
 ​ |
|:------------------------------|:--|:--|:-------------|:--|--------:|:--|:--|:--|:-----------------|:--|----------:|:--|:--|
| Schwarz Paving Company, Inc.  | ​ | ​ | ​            | $ |  75,655 | ​ | ​ | ​ | ​                | $ |   156,600 | ​ | ​ |
| Revenues received from:       | ​ | ​ | ​            | $ |  19,460 | ​ | ​ | ​ | ​                | $ |       176 | ​ | ​ |
| Schwarz Asphalt Company, Inc. | ​ | ​ | ​            | ​ | 860,662 | ​ | ​ | ​ | ​                | ​ | 2,646,070 | ​ | ​ |
| Schwarz Paving Company, Inc.  | ​ | ​ | ​            | $ | 880,122 | ​ | ​ | ​ | ​                | $ | 2,646,246 | ​ | ​ |

The Companies have unsecured notes payable to individual shareholders and members. These notes were renewed December 31, 2024, and mature on December 31, 2027. Interest accrues at 7% and is payable annually with all outstanding principal and interest due at maturity. The notes’ balance was $5,747,000 and $8,263,000 at June 30, 2025, and December 31, 2024, respectively. Interest expense related to the notes was $143,114 and $599,118 for the periods ended June 30, 2025, and December 31, 2024, respectively. Note 9. Variable Interest Entities The Consolidations Topic of the FASB Accounting Standards Codification establishes standards for identifying a variable interest entity and for determining under what circumstances a variable interest entity (VIE) should be consolidated with