Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 364

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 364
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 Accordingly, for accounting purposes, the Business Combination will be treated as the equivalent of the Company issuing stock for the net assets of Haymaker, accompanied by a recapitalization.

#### Thunder Acquisition
On October 17, 2025, Eagle Redi-Mix Concrete, LLC, a subsidiary of the Company (“Eagle”), entered into an equity and asset purchase and contribution agreement (the “Equity and Asset Purchase and Contribution Agreement”) with SRM, Inc., an Oklahoma corporation (“Schwarz Ready Mix”), SRM Leasing, LLC, an Oklahoma limited liability company (“Schwarz Leasing”), Schwarz Sand, LLC an Oklahoma limited liability company (“Schwarz Sand,” and together with Schwarz Leasing and Schwarz Ready Mix, the “Schwarz Entities”), the equity holders of Schwarz Ready Mix and Schwarz Leasing (collectively, the “Owners”), the equity holders of Schwarz Sand (collectively, the “Schwarz Sand Sellers”), certain other transaction beneficiaries, and Schwarz Ready Mix, in its capacity as a representative of the selling parties. Pursuant to the Equity and Asset Purchase and Contribution Agreement, Eagle acquired substantially all of the assets of Schwarz Ready Mix and Schwarz Leasing and all of the issued and outstanding equity interests of Schwarz Sand (collectively, the “Thunder Acquisition”) for an aggregate purchase price of $117.0 million. The aggregate purchase price included $97.0 million in cash consideration ($74.3 million paid at closing and $22.7 million deferred until March 31, 2026) and 20,000,000 Company Preferred Units issued to the sellers as rollover equity. The fair value of the Company Preferred Units, and therefore the total purchase price, has not yet been determined and will be measured as of the acquisition date in accordance with ASC 805. Accordingly, any references to total consideration are preliminary and subject to change pending completion of the purchase-price allocation.

#### The Loan Amendment
On October 17, 2025, in connection with the Thunder Acquisition, the Company amended the Credit Agreement to increase the Initial Term Loan by $75.0 million and the Revolving Loan by $10.0 million. For additional information, see the section titled “ Liquidity and Capital Resources — Debt Agreements .”

### Components of Our Results of Operations

#### Revenues
We generate revenue primarily from the production and delivery of ready-mix concrete. Revenue is recognized at a point in time when control of the product has transferred to the customer, typically upon delivery to the job site. Our concrete is sold