Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 359

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 359
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 Warrants
Each SPAC Public Warrant entitles the registered holder to purchase one half of one SPAC Class A Common Share at a price of $11.50 per full share, subject to adjustment as discussed below, at any time commencing upon the later of 12 months from the closing of the IPO or 30 days after the completion of a business combination. Pursuant to the Warrant Agreement, a warrantholder may exercise its warrants only for a whole number of shares. This means that only an even number of warrants may be exercised at any given time by a warrantholder. The SPAC Public Warrants will expire at 5:00 p.m., New York City time on the earlier to occur of: (i) five years from the completion of an initial business combination, (ii) the liquidation of SPAC, if SPAC fails to complete a business combination, or (iii) the redemption date as fixed by SPAC pursuant to the Warrant Agreement, if SPAC elects to redeem all SPAC Public Warrants. Following the Business Combination, each PubCo Warrant will entitle the registered holder thereof to purchase one share of PubCo Class A Common Stock.

The private placement warrants are identical to the SPAC Public Warrants except that the private placement warrants (including the SPAC Ordinary Shares issuable upon exercise of the private placement warrants) will (i) not be transferable, assignable or salable until 30 days after the completion of SPAC’s initial business combination, (ii) be exercisable for cash (even if a registration statement covering SPAC’s Ordinary Shares issuable upon exercise of such warrants is not effective) or on a cashless basis, at the holder’s option, and (iii) not be redeemable by SPAC, in each case so long as they are still held by the initial purchasers or their respective affiliates.

SPAC may call the SPAC Public Warrants for redemption, in whole and not in part, at a price of $0.01 per warrant:

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at any time while the SPAC Public Warrants are exercisable,

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upon not less than 30 days’ prior written notice of redemption to each SPAC Public Warrantholder,

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if and only if, the reported last sale price of SPAC’s Class A Ordinary Shares equals or exceeds $18.00 per share, for any 20 trading days within a 30-day trading period ending on the third business day prior to the notice of redemption to warr