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Suncrete (SPAC: HYAC) secured support agreements from warrantholders representing a majority of Haymaker public warrants to approve an exchange of each public warrant for $2.25 cash and 0.075 Class A shares.
The business combination is expected to close in Q1 2026, after which the combined company will be named Suncrete, Inc. and list on Nasdaq as RMIX. Institutional private placement commitments were upsized from $82.5 million to $105.5 million, providing additional capital runway.