Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 267

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 267
---
 as to whether the 80% test has been met.

Interests of the Sponsor and Haymaker Directors and Officers in the Business Combination

In considering the recommendation of the SPAC Board to vote in favor of the Business Combination, shareholders should be aware that, aside from their interests as shareholders, the Sponsor and certain of SPAC’s directors and officers have interests in the Business Combination that are different from, or in addition to, those of other shareholders generally. SPAC’s directors were aware of and considered these interests, among other matters, in evaluating the Business Combination, and in recommending to shareholders that they approve the Business Combination. Shareholders should take these interests into account in deciding whether to approve the Business Combination. These interests include, among other things:

•

the fact that the Sponsor holds 797,600 private placement units, consisting of 398,000 private placement warrants (provided, that such warrants will be conveyed to Dothan Independent in the Sponsor Distribution, as provided in the Sponsor Subscription Agreement) and 797,600 private placement shares, acquired at an aggregate purchase price of $7,976,000, which, if unrestricted and freely tradeable, would be valued at approximately $9,418,856, based on the most recent closing prices of the SPAC Public Warrants and the SPAC Class A Ordinary Shares on November 7, 2025 of $1.00 per warrant and $11.31 per share, respectively (prior to giving effect to the Sponsor Distribution);

•

the fact that the Sponsor and SPAC’s officers and directors have agreed to not redeem any SPAC Class A Ordinary Shares held by them in connection with a shareholder vote to approve the Business Combination;

•

the fact that the Sponsor paid an aggregate of $25,000 for 5,750,000 SPAC Founder Shares (provided, that 2,800,000 SPAC Founder Shares will be conveyed to Dothan Independent in the Sponsor Distribution, as provided in the Sponsor Subscription Agreement), and that such SPAC Founder Shares could have a significantly higher value at the time of the Business Combination, which if unrestricted and freely tradable would be valued approximately $65,032,500, based on the most recent closing price of the SPAC Class A Ordinary Shares of $11.31 per share on November 7, 2025 (prior to giving effect to the Sponsor Distribution);

•

if the Trust Account is liquidated, including in the event SPAC is unable to consummate an initial business combination within the required time period, the Sponsor has