Company: HYAC-WT
Filing Date: 2025-10-14
Form Type: 425
Source: 0001104659-25-099338
Chunk: 11

Company: Haymaker Acquisition Corp. 4
Filing Date: 2025-10-14
Form: 425
Chunk 11
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 from Suncrete (and a breach by 
 SPAC, PubCo, or Merger Subs is not the proximate cause of the failure of such condition precedent); or                                |

| (g) | by Suncrete prior to obtaining shareholder approval at the SPAC Shareholders’ Meeting, if the board of directors of SPAC fails to make, amends, changes, withdraws, modifies, withholds or qualifies its recommendation to its shareholders that they approve the Required SPAC Proposals, or fails to include such recommendation in the Registration Statement. |

If the Business Combination Agreement is validly
terminated in accordance with its terms, none of the parties will have any liability or any further obligation under the Business Combination
Agreement with certain limited exceptions, including liability arising out of any fraud or willful breach.

A copy of the Business Combination Agreement is
filed with this Current Report on Form 8-K/A as Exhibit 2.1 and is incorporated herein by reference. The foregoing description of the
Business Combination Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Business
Combination Agreement filed with this Current Report on Form 8-K/A. The Business Combination Agreement is included to provide security
holders with information regarding its terms. It is not intended to provide any other factual information about SPAC, Suncrete, PubCo
or Merger Subs. In particular, the assertions embodied in representations and warranties by SPAC, Suncrete, PubCo and Merger Subs contained
in the Business Combination Agreement are subject to important qualifications and limitations agreed to by the parties in connection with
negotiating such agreement, including being qualified by confidential information in the disclosure schedules provided by the parties
in connection with the execution of the Business Combination Agreement, and are subject to standards of materiality applicable to the
contracting parties that may differ from those applicable to security holders. The confidential disclosures contain information that modifies,
qualifies and creates exceptions to the representations and warranties set forth in the Business Combination Agreement. Moreover, certain
representations and warranties in the Business Combination Agreement were used for the purpose of allocating risk between the parties,
rather than establishing matters as facts. Accordingly, security holders should not rely on the representations and warranties in the
Business Combination Agreement as characterizations of the actual state of facts about SPAC, Suncrete, PubCo or Merger Subs. Moreover,
information concerning the subject matter of the representations and warranties may change after the date of the Business