Suncrete, Inc. and Haymaker Acquisition Corp. 4 Complete Business Combination: What Investors Need to Know

Key Developments

• Business Combination Completed: Suncrete, Inc. (formerly Concrete Partners Holding, LLC, “CPH”) and Haymaker Acquisition Corp. 4 (NYSE: HYAC), a special purpose acquisition company, have successfully completed their previously announced business combination. The unified entity, Suncrete, Inc., will begin trading on Nasdaq under the ticker symbol “RMIX” starting April 9, 2026.
• Significant Capital Infusion: The transaction brings approximately \$226 million in gross proceeds from funds held in trust and proceeds from a concurrent PIPE (private investment in public equity) financing, after accounting for redemptions and forward purchase agreement payments but before transaction expenses.
• Redemption of Public Warrants: All outstanding public warrants of Haymaker were redeemed in connection with the closing of the business combination.
• Leadership and Board Continuity: Randall Edgar continues as CEO, and Ned N. Fleming III as Executive Chairman. The management team and board remain in place and will ring the Nasdaq closing bell on April 9, 2026.
• Strategic Focus: Suncrete is a pure-play, vertically integrated ready-mix concrete logistics and distribution platform, currently operating in Oklahoma and Arkansas, with aggressive plans to expand across the high-growth U.S. Sunbelt region.
• Shareholder Approval: The transaction was approved by both Haymaker’s shareholders and warrantholders at meetings held on April 2, 2026.

Details for Shareholders & Potential Price-Sensitive Information

• Market Debut: Suncrete’s shares will commence trading on the Nasdaq Global Market on April 9, 2026, under the new ticker symbol “RMIX.” This public listing is a significant liquidity event and could drive volatility and investor interest.
• PIPE and Institutional Confidence: The PIPE and non-redemption agreements were strongly supported by institutional investors, signaling confidence in Suncrete’s growth strategy and market positioning.
• Growth Strategy: Suncrete aims to increase market share, accelerate organic growth, and pursue accretive acquisitions. The company’s scale, technology-enabled dispatch, decentralized plant network, and dedicated logistics capability make it a formidable competitor in resilient and high-growth markets.
• Potential Share Dilution: The company warns that future issuances of equity or debt, especially in connection with acquisitions, could potentially dilute current shareholders.
• Risk Factors: Suncrete highlights various risks, including the possibility of not realizing anticipated benefits of the business combination, challenges in executing growth plans, competitive pressures, regulatory challenges, and costs associated with being a public company. The company urges investors to review risk factors in its SEC filings.
• Ongoing Expansion: Being positioned in the Sunbelt region, Suncrete expects to benefit from demographic trends, urbanization, and infrastructure investment, supporting long-term growth prospects.

Management Commentary

Randall Edgar, CEO of Suncrete: “This Nasdaq bell ceremony marks an important moment for Suncrete as we continue our mission to become a leading ready-mix concrete logistics and distribution platform company serving customers throughout the high-growth Sunbelt region of the United States. We are grateful to our team, partners, and stakeholders for their support and are pleased to welcome new investors as Suncrete enters its next phase of growth as a public company.”

Ned N. Fleming, III, Executive Chairman: “Our Nasdaq listing represents a significant milestone for Suncrete and reinforces our growth strategy, driven by a best-in-class management team and a scalable, high-performance ready-mix concrete platform. The strong support from institutional investors in our PIPE and non-redemption agreements demonstrates confidence in our disciplined approach to increasing market share, accelerating organic growth, and expanding into new markets through accretive acquisitions.”

Advisor and Partner Information

• Jefferies acted as financial advisor and lead capital markets advisor and lead placement agent.
• Baird acted as capital markets advisor and co-placement agent.
• William Blair & Company, Roth Capital Partners, Cantor Fitzgerald & Co. served as underwriters for Haymaker’s IPO.
• Legal advisors include Haynes and Boone, DLA Piper, Ellenoff Grossman & Schole, and White & Case.

Company Overview

Suncrete is a Tulsa, Oklahoma-headquartered company operating batching plants, a dedicated fleet of owned mixer trucks, and a tech-enabled dispatch infrastructure. The company follows a decentralized plant network strategy with centralized oversight, serving a diverse customer base across public infrastructure, commercial, and residential sectors. Suncrete’s local market leadership and integrated logistics position it as a trusted partner in some of the nation’s fastest-growing and most resilient construction markets.

Suncrete is well-aligned to benefit from ongoing population growth, urbanization trends, and infrastructure investment across the Sunbelt.

Investor Contact

Contact: Rick Black / Ken Dennard, Dennard Lascar Investor Relations
Email: [email protected]
Phone: (713) 529-6600

Important Disclaimer

This article contains information derived from official company announcements and filings. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Investors should review Suncrete’s SEC filings, including risk factors, before making investment decisions. This article is for informational purposes only and does not constitute investment advice or an offer to buy or sell securities.

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