Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 195

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 195
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2024. (b) On October 17, 2025 Suncrete entered into the Equity and Asset Purchase and Contribution Agreement”) with Schwarz Ready Mix, Schwarz Leasing, Schwarz Sand, the Owners, 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 for an aggregate purchase price of $117.0 million, consisting of (i) $74.3 million paid in cash at closing, minus the estimated closing indebtedness, the estimated transaction expenses, the adjustment escrow amount and the indemnity escrow amount 93

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as further described in the Equity and Asset Purchase and Contribution Agreement, (ii) $22.7 million to be paid in cash on March 31, 2026 and (iii) 20,000,000 shares of Preferred Units of the Company issued to the Schwarz Sand Sellers in exchange for the contributed units of Schwarz Sand, with such amount being subject to certain customary post-Closing purchase price adjustments as further described in the Equity and Asset Purchase and Contribution Agreement. The acquisition of Schwarz has been assumed to be accounted for as a business combination in accordance with ASC 805. The assets acquired and liabilities assumed would be recorded at their respective fair values as of June 30, 2025. Any transaction costs were assumed to be expensed as incurred in accordance with ASC 805. The unaudited pro forma condensed combined financial statements of Suncrete presented herein have been prepared to reflect the transaction accounting adjustments to Schwarz’s historical condensed consolidated financial information. The unaudited pro forma condensed combined balance sheet as of June 30, 2025, assumes the acquisition of Schwarz occurred on June 30, 2025. The unaudited pro forma condensed combined statements of operations for the six months ended June 30, 2025 and for the year ended December 31, 2024, assume the acquisition of Schwarz occurred on January 1, 2024. The unaudited pro forma condensed combined financial information is provided for illustrative purposes only and does not purport to represent what the actual results of operations or the financial position of Suncrete would have been had the acquisition of Schwarz occurred on the dates noted above, nor are they necessarily indicative of future results of operations or financial position. Future results