m_and_a
confidence high
sentiment neutral
materiality 0.90
Suncrete closes SPAC merger with Haymaker; begins trading as RMIX on Nasdaq
Suncrete, Inc.
- 12,628,150 SPAC shares redeemed at $11.57; ~$59M remained in trust after redemptions.
- Post-merger shares: 46,879,768 Class A, 23,714,609 Class B, 398,800 warrants outstanding.
- PIPE investors bought 11,216,667 shares and pre-funded warrants for 2,525,094 shares.
- Entered Forward Purchase Agreement with Harraden Circle for up to 5,000,000 shares.
- Schwarz Purchase Agreement payment deadline extended to June 30, 2026 (auto to July 31).