Company: HYAC-WT
Filing Date: 2025-07-01
Form Type: DEF 14A
Source: 0001104659-25-064707
Chunk: 88

Company: Haymaker Acquisition Corp. 4
Filing Date: 2025-07-01
Form: DEF 14A
Chunk 88
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; • payment of a finder’s fee, consulting fee or success fee for any services they render in order to effectuate the completion of our initial business combination; and • repayment of non-interest bearing loans which may be made by our Sponsor or an affiliate of our Sponsor or certain of our officers and directors to finance transaction costs in connection with an intended initial business combination. Up to $1,500,000 of such loans may be convertible into units of the post-business combination entity at a price of $10.00 per unit at the option of the lender. The units would be identical to the private placement units. Except for the foregoing, the terms of such loans, if any, have not been determined and no written agreements exist with respect to such loans. The above payments may be funded using the net proceeds of the IPO and the sale of the private placement units not held in the Trust Account. Director Independence The rules of the NYSE require that a majority of our Board of directors be independent. An “independent director” is defined generally as a person that, in the opinion of the company’s Board of 51 directors, has no material relationship with the listed company (either directly or as a partner, shareholder or officer of an organization that has a relationship with the company). We have three “independent directors” as defined in NYSE rules and applicable SEC rules. Our Board has determined that Messrs. Meltzer, McLallen and Shimko are independent directors under applicable SEC and NYSE rules. 52 REPORT OF THE AUDIT COMMITTEE The information contained in the following report of our Audit Committee is not considered to be “soliciting material,” “filed” or incorporated by reference in any past or future filing by us under the Exchange Act or the Securities Act unless and only to the extent that we specifically incorporate it by reference. Our Audit Committee has reviewed and discussed with our management and Withum, our audited consolidated financial statements for the fiscal year ended December 31, 2024. Our Audit Committee has also discussed with Withum the matters required to be discussed by the applicable requirements of the PCAOB, and the SEC. Our Audit Committee has received and reviewed the written disclosures and the letter from Withum required by applicable requirements of the PCAOB regarding the independent accountant’s communications with our Audit Committee concerning independence, and has discussed with Withum its independence from us. Based on the review and discussions referred to above, our Audit Committee recommended to our Board that the audited consolidated financial statements be included in our annual report