Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 580

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 580
---
 implied by the Concrete Acquisition in July 2024. The expected volatility was derived from a blended rate based upon implied volatility calculated on actively traded options and upon the historical volatility of guideline public companies in an industry similar to the Company. The expected term was based upon management’s best estimate of the number of years until the redemption of the Senior Preferred Units and the Preferred Units. The risk-free interest rate was based on U.S. Treasury yield curve rates with maturities consistent with the measurement period. The assumptions used in the option pricing model for the Incentive Units granted in the period from May 22, 2024 through December 31, 2024, were as follows:

| ​ | Expected term (in years)    | ​ | ​ | ​ | ​ |   1.3 | ​ | ​ |
| ​ | Expected volatility         | ​ | ​ | ​ | ​ | 70.0% | ​ | ​ |
| ​ | Expected distribution yield | ​ | ​ | ​ | ​ |  0.0% | ​ | ​ |
| ​ | Risk-free interest rate     | ​ | ​ | ​ | ​ |  4.1% | ​ | ​ |

Note 12. Revenue The Company generates revenue primarily through the production and delivery of ready-mix concrete. Revenue is recognized at a point in time when control of the product is transferred to the customer, which generally occurs upon delivery to the job site. Revenue from admixture and other ancillary services, which primarily represent additives to enhance the performance of concrete mixes (e.g., cooling services in hot weather), is also recognized at a point in time when the services are provided. Management monitors revenue by type of construction activity, which reflects differences in demand cycles and pricing dynamics. All revenue is recognized at a point in time upon delivery. The following table presents revenue by type of construction activity (in thousands):

| ​              
 ​              | ​ 
 ​ | ​ 
 ​ | Successor                                                    
 Period from Inception(May 22, 2024) throughDecember 31, 2024 |   |        |   | ​ 
 ​ | ​ 
 ​ | ​ 
 ​ | Predecessor                                     
 Period from January 1,2024 throughJuly 29, 2024 |   |         |   | ​ | ​ | Year endedDecember 31, 2023 |   |         |   | ​ 
 ​ |
|:---------------|:--|:--|:-------------------------------------------------------------|:--