Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 134

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 134
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’s ability to amend the terms of the public warrants with the consent of at least a majority of the then outstanding public warrants is unlimited, examples of such amendments could be amendments to, among other things, increase the exercise price of the warrants, shorten the exercise period or decrease the number of shares of New Suncrete common stock purchasable upon exercise of a warrant. If the Warrant Amendment Proposal is not approved at the Warrantholders’ Meeting, the Public Warrants will remain outstanding after the Business Combination.

Haymaker may redeem your unexpired warrants prior to their exercise at a time that is disadvantageous to you, thereby making your warrants worthless.

Haymaker has the ability to redeem outstanding warrants at any time after they become exercisable and prior to their expiration, at a price of $0.01 per warrant, provided that the last reported sales price of the SPAC Class A Common Stock equals or exceeds $18.00 per share (as adjusted for share splits, share capitalizations, rights issuances, subdivisions, reorganizations, recapitalizations and the like) for any 20 trading days within a 30 trading-day period ending on the third trading day prior to the date Haymaker sends the notice of redemption to the warrantholders. If and when the warrants become redeemable by Haymaker, it may exercise its redemption right even if it is unable to register or qualify the underlying securities for sale under all applicable state securities laws. Redemption of the outstanding warrants could force you to: (i) exercise your warrants and pay the exercise price therefor at a time when it may be disadvantageous for you to do so (ii) sell your warrants at the then-current market price when you might otherwise wish to hold your warrants; or (iii) accept the nominal redemption price which, at the time the outstanding warrants are called for redemption, is likely to be substantially less than the market value of your warrants. None of the private placement warrants will be redeemable by Haymaker so long as they are held by Haymaker’s Sponsor or its permitted transferees. If the Warrant Amendment Proposal is not approved at the Warrantholders’ Meeting, the Public Warrants will remain outstanding after the Business Combination.

Haymaker believes it was a Passive Foreign Investment Company (“PFIC”) for its taxable years ending December 31, 2023 and December 31, 2024, which could result in adverse U.S. federal income tax consequences to U.S. Holders.

If Haymaker is treated as a PFIC for