Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 588

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 588
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F-67

TABLE OF CONTENTS

### NOTES TO CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS
Non-cash investing and financing activities:

In connection with the Concrete Acquisition, the Company issued $63.8 million of equity consideration — consisting of $26.0 million of Senior Preferred Units and $37.8 million of Preferred and Common Units — as part of the purchase price. These issuances are classified as non-cash financing and investing activities. See Notes 3 and 9 for additional details.

#### Note 19.   Related Party Transactions
The Company leases its Northwest Arkansas office from an entity partially owned by one of its executive officers. The lease is classified as an operating lease and was entered into under terms that management believes are consistent with market terms for similar properties.

For the Successor period from May 22, 2024 through December 31, 2024, the Company incurred lease expense of approximately $38,100 under this agreement. For the Predecessor periods from January 1, 2024 through July 29, 2024, and the year ended December 31, 2023, the Company incurred lease expense of approximately $53,400 and $92,300, respectively.

As of December 31, 2024 and December 31, 2023, the Company had outstanding lease liabilities related to this agreement of approximately $238,400 and $345,000, respectively, included in Current portion of lease liabilities and Long-term lease liabilities on the Consolidated and Combined Balance Sheets.

Additionally, the Company recognized revenue from transactions with the same related party totaling approximately $10,700 during the Successor 2024 period, $1,400 during the Predecessor 2024 period, and $32,200 during the year ended December 31, 2023.

In connection with the Concrete Acquisition, the Company entered into a single management and consulting agreement with an affiliate. Under the agreement, recurring compensation is payable quarterly and equal to one-fourth of 3.0% of trailing twelve-month EBITDA for 2024 and one-fourth of 5.0% thereafter, subject to an annual cap of $3.2 million for strategic, financial, and operational advisory services to support the Company’s board and management team on matters such as acquisitions, financing, contract negotiations, and growth initiatives