Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 187

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 187
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,000. This scenario includes all adjustments contained in the “No Redemptions” scenario and presents additional adjustments to reflect the effect of the maximum contractual redemptions. The “Maximum Redemptions” scenario represents the maximum number of Public Shares that may be redeemed while satisfying the condition mentioned above.

(g)

Adjustment necessary to reflect the conversion of Company Preferred Units into shares of PubCo Common Stock.

(h)

Adjustment necessary to reflect the conversion of SPAC Class B Ordinary Shares into shares of SPAC Class B Common Stock.

(i)

Adjustment necessary to reflect the elimination of Haymaker historical accumulated deficit after recording the transaction costs as described in (c) above.

(j)

Adjustment necessary to reflect the tender offer to redeem 11.5 million warrants assuming a price of $0.50 per warrant.

(k)

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 Ready Mix and Schwarz Leasing, 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”). 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 Thunder Acquisition has been assumed to be accounted for as a business combination