Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 615

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 615
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. For the six months ended June 30, 2024, the Company paid approximately $859,000 in interest. During the six months ended June 30, 2025, the Company recognized approximately $1.5 million of non-cash investing and financing activity related to the recognition of a new operating lease right-of-use asset and corresponding lease liability as disclosed in Note 14.

F-86

TABLE OF CONTENTS

During the Successor stub period from May 22, 2024 through June 30, 2024, approximately $1.4 million of Acquisition-related costs to the Concrete Acquisition were incurred and accrued, representing non-cash activity for the period.

As of June 30, 2025, the Company had approximately $17,000 in accounts payable related to capital expenditures. As of June 30, 2024, the Company had approximately $73,000 in accounts payable related to capital expenditures.

#### Note 19.   Related Party Transactions
The Company leases its Northwest Arkansas office from an entity partially owned by one of its executive officers. This lease is classified as an operating lease and is considered to be at market terms. During the six months ended June 30, 2025, the Company recognized approximately $45,000 in lease expense related to this arrangement. During the six months ended June 30, 2024, the Company recognized approximately $44,000 in lease expense related to this arrangement. The related lease liability as of June 30, 2025, was approximately $191,000.

On March 1, 2025, the Company entered into a new lease agreement with this related party for expanded office space. In connection with the lease commencement, the Company recognized approximately $1.5 million in operating lease right-of-use assets and corresponding lease liabilities on the Condensed Consolidated Balance Sheet.

Lease expense recognized under this agreement totaled approximately $50,000 for the six months ended June 30, 2025. As of June 30, 2025, the Company had total lease liabilities of approximately $1.4 million related to this agreement.

In connection with the Concrete Acquisition, the Company entered into a single management and consulting agreement with an affiliate. Under the agreement, recurring compensation is payable quarterly and equal to one-fourth of 3.0% of trailing twelve-month EBITDA for 2024 and one-fourth of 5.0% thereafter, subject to an annual cap of $3.2 million for strategic, financial