Suncrete Announces Support Agreements with a Majority of Warrantholders

Core Viewpoint - Suncrete, a ready-mix concrete logistics and distribution platform, has secured support agreements with a majority of Haymaker Acquisition Corp. 4's warrantholders to facilitate the exchange of public warrants for cash and shares, positioning the company for its upcoming business combination and public market entry [1][2]. Company Overview - Suncrete operates as a ready-mix concrete company in Oklahoma and Arkansas, with plans for expansion in the U.S. Sunbelt region, focusing on scalable and vertically integrated logistics and distribution [1][2]. - The company utilizes a decentralized plant network strategy, ensuring efficient operations and customer engagement across various markets [1]. Business Combination Details - Haymaker Acquisition Corp. 4 is set to complete its business combination with Suncrete in the first quarter of 2026, after which the combined entity will be named Suncrete, Inc. and will trade on Nasdaq under the ticker symbol "RMIX" [1]. - The business combination is supported by an upsized institutional investor commitment, increasing from $82.5 million to $105.5 million, providing a strong capital foundation for Suncrete [1]. Market Position and Growth Strategy - Suncrete aims to leverage its local market leadership and operational scale to expand its market share and drive organic growth, while also pursuing accretive acquisitions [1]. - The company is well-positioned to benefit from trends such as population growth, urbanization, and infrastructure investment in the Sunbelt region [1].