Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 418

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 418
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ating income in the form of interest income on investments held in our Trust Account after the Initial Public Offering. There has been no significant change in our financial or trading position since the date of our audited financial statements, as filed in our 2024 Annual Report. We expect to incur increased expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance, among other things), as well as for due diligence expenses.

For the three months ended June 30, 2025, we had a net income of $2,358,653, which consisted of interest earned on investments held in our Trust Account of $2,663,475, offset by general and administrative expenses of $304,822.

For the six months ended June 30, 2025, we had a net income of $4,634,359, which consisted of interest earned on investments held in our Trust Account of $5,298,151, offset by general and administrative expenses of $663,792.

For the three months ended June 30, 2024, we had a net income of $2,942,995, which consisted of interest earned on investments held in our Trust Account of $3,139,547, offset by general and administrative expenses of $196,552.

For the six months ended June 30, 2024, we had a net income of $5,809,203, which consisted of interest earned on investments held in our Trust Account of $6,243,299, offset by general and administrative expenses of $434,096.

Factors That May Adversely Affect our Results of Operations

Our results of operations and our ability to consummate an initial business combination may be adversely affected by various factors that could cause economic uncertainty and volatility in the financial markets, many of which are beyond our control. Our business could be impacted by, among other things, downturns in the financial markets or in economic conditions, increases in oil prices, inflation, increases in interest rates, supply chain disruptions, declines in consumer confidence and spending, public health considerations, and geopolitical instability, such as the military conflicts in Ukraine and the Middle East. We cannot at this time predict the likelihood of one or more of the above events, their duration or magnitude or the extent to which they may negatively impact our business and our ability to consummate an initial business combination.

#### Liquidity, Capital Resources and Going Concern
For the six months ended June 30, 2025, net cash used in