Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 133

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 133
---
 accounting standards used.

If the Warrant Amendment Proposal is not approved, the Assumed SPAC Warrants will become exercisable for PubCo Class A Common Stock, which would increase the number of shares eligible for future resale in the public market and result in dilution to Haymaker’s shareholders.

If the Business Combination is completed and the Warrant Amendment Proposal is not approved, outstanding warrants to purchase an aggregate of 11,898,800 shares of PubCo Class A Common Stock will

<div align='center'>52</div>

TABLE OF CONTENTS

become exercisable in accordance with the terms of the Warrant Agreement governing those securities (including the Dothan Assumed Warrants, which will remain outstanding even if the Warrant Amendment Proposal passes). These warrants will become exercisable 30 days after the completion of the Business Combination. The exercise price of these warrants will be $11.50 per share of PubCo Class A Common Stock. To the extent such warrants are exercised, additional shares of PubCo Class A Common Stock will be issued, which will result in dilution to the holders of PubCo Class A Common Stock and increase the number of shares eligible for resale in the public market. Sales of substantial numbers of such shares in the public market or the fact that such warrants may be exercised could adversely affect the market price of PubCo Class A Common Stock. However, there is no guarantee that the public warrants will ever be in the money prior to their expiration, and as such, the warrants may expire worthless.

Even if the Business Combination is consummated, the public warrants may never be in the money, and they may expire worthless and the terms of the warrants may be amended in a manner adverse to a holder if holders of outstanding public warrants approve of such amendment.

The SPAC Warrants were issued in registered form under the Warrant Agreement between Continental Stock Transfer & Trust Company, as warrant agent, and Haymaker. The Warrant Agreement provides that the terms of the warrants may be amended without the consent of any registered holder to cure any ambiguity, correct any defective provision or change any other provision deemed not to adversely affect the interests of the registered holders, but requires the approval by registered holders of at least a majority of the then outstanding public warrants to make any change that adversely affects the interests of the registered holders of public warrants. Accordingly, Haymaker may amend the terms of the public warrants in a manner adverse to a holder if holders of at least a majority of the then outstanding public warrants approve of such amendment. Although Haymaker