Company: HYAC-WT
Filing Date: 2025-10-14
Form Type: 425
Source: 0001104659-25-099338
Chunk: 7

Company: Haymaker Acquisition Corp. 4
Filing Date: 2025-10-14
Form: 425
Chunk 7
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 Business Combination Agreement (such date, the “Closing Date”), (i) immediately prior to filing
of a certificate of merger with respect to the Initial Merger, a first closing (the “Initial Closing”) will occur and (ii)
on the Closing Date, immediately following the Initial Closing and immediately prior to filing a certificate of merger with respect to
the Acquisition Merger, a second closing (the “Acquisition Closing”) will occur.

Conditions to Closing

The obligations of Suncrete, SPAC, Merger Subs
and PubCo to consummate the Business Combination are subject to the satisfaction or waiver by each of Suncrete and SPAC (where permissible)
at or prior to the Acquisition Merger Effective Time of the following conditions:

| · | the written consent of certain of Suncrete’s members as well as its parent, Dothan Concrete Investors, LLC (collectively, the “Written Consent Parties”), in favor of the approval and adoption of the Business Combination Agreement, the Business Combination and all other transactions contemplated by the Business Combination Agreement (the “Written Consent”) having been delivered to SPAC; |

| · | the Required SPAC Proposals having each been approved and adopted by the requisite affirmative vote of          
 SPAC shareholders at the extraordinary general meeting of SPAC shareholders (the “SPAC Shareholders’ Meeting”); |

| · | no governmental authority having enacted, issued, or enforced any law, rule, regulation, judgment, decree,                              
 executive order or award which is then in effect and has the effect of making the transactions contemplated by the Business Combination 
 Agreement illegal or otherwise prohibiting the consummation of the Business Combination and such transactions;                          |

| · | all required filings under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR                        
 Act”), having been completed and any applicable waiting period (and any extension thereof) applicable to the consummation of the 
 Business Combination under the HSR Act having expired or been terminated;                                                        |

| · | the Registration Statement having been declared effective under the Securities Act and no stop order suspending                         
 the effectiveness of the Registration Statement being in effect, and no proceedings for purposes of suspending the effectiveness of the 
 Registration Statement having been initiated or threatened by the SEC;                                                                  |

| · | the shares of PubCo Class A Common Stock to be issued pursuant to the Business Combination Agreement and the Assumed SPAC Warrants (and the shares of PubCo Class A Common Stock issuable upon exercise thereof