Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Suncrete, Inc. completed an acquisition involving Randell R. Owens, Ronda A. Owens, JAO, LLC, Owens Regional Investments, LLC for 1,296,456 shares of Class A Common Stock ... and a $42.3 million net cash payment at closing (closed 2026-05-06).
- Action
- acquisition
- Counterparty
- Randell R. Owens, Ronda A. Owens, JAO, LLC, Owens Regional Investments, LLC
- Consideration
- 1,296,456 shares of Class A Common Stock ... and a $42.3 million net cash payment at closing
- Closing
- 2026-05-06
Exact text from the filing
Mr. Owens, Ms. Owens and JAO, the “Sellers”), and Jacob Owens in his capacity as representative of the Sellers. The aggregate consideration for the Acquisition consisted of (i) 1,296,456 shares of Class A Common Stock, par value $0.0001 per share, of the Company (“Class A Common Stock”) issued to the Sellers (the “Stock Consideration”) and (ii) a $42.3 million net
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Suncrete, Inc. entered into Membership Interest Purchase Agreement with Randell R. Owens, Ronda A. Owens, JAO, LLC, and Owens Regional Investments, LLC valued at $42.3 million (effective 2026-05-06).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Randell R. Owens, Ronda A. Owens, JAO, LLC, and Owens Regional Investments, LLC
- Value
- $42.3 million
- Effective
- 2026-05-06
Exact text from the filing
On May 6, 2026, Suncrete, Inc., a Delaware corporation (the “Company”), through its subsidiary Hope Concrete, LLC, a Texas limited liability company (“Purchaser”), entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) and related agreements with the owners of Nelson Bros. Ready Mix, LLC, a Texas limited liability company (the “Target”), to acquire 100% of the ownership interests of Target
View on SEC.gov