Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 389

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 389
---
 $3.9 million of property, plant and equipment additions primarily associated with maintenance and organic growth capital expenditures. These outflows were partially offset by approximately $0.1 million of proceeds from asset sales. For the Predecessor Interim 2024 Period, cash used in investing activities primarily consisted of $13.9 million related to the SMG assets acquisition, which added eight ready-mix plants in Oklahoma, and approximately $0.8 million of property, plant and equipment additions primarily associated with maintenance capital expenditures.

217

TABLE OF CONTENTS

There were no meaningful investing activities during the Successor Interim 2024 Period as the Company had no substantive operations prior to the Concrete Acquisition. Cash Flows Provided (Used in) Financing Activities Net cash used in financing activities was $8.6 million and $0.7 million for the Successor Interim 2025 Period and Predecessor Interim 2024 Period, respectively. For the Successor Interim 2025 Period, net cash used in financing activities primarily consisted of $7.5 million of debt repayments and $1.2 million of distributions to members. For the Predecessor Interim 2024 Period, net cash used in financing activities primarily consisted of $11.1 million of debt borrowings, $2.5 million of debt repayments, and $10.2 million of distributions to members. There were no financing cash flows during the Successor Interim 2024 Period, as the Company had no substantive operations prior to the Concrete Acquisition. Debt Agreements Term Loan We entered into credit agreement on July 29, 2024 (the “Credit Agreement”) providing for a five-year $130.0 million term loan agreement (“Initial Term Loan”) and amended the Credit Agreement on October 17, 2025 (“Loan Amendment”) to increase the Initial Term Loan by $75.0 million (as amended, the “Term Loan”). Proceeds from the Initial Term Loan were used to partially fund the Concrete Acquisition. The Term Loan is secured by a first lien on substantially all personal property assets (“Collateral”) and the Lenders have the right in the future to request liens on any real property with an appraised value in excess of $2.0 million (“Material Real Property”). The Term Loan matures on July 29, 2029, at which time all advances are required to be paid in full. Interest accrues at the Secured Overnight Financing Rate (“SOFR”) plus an applicable margin ranging from