Exhibit 99.1
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NEWS RELEASE |
Suncrete Announces Dual Listing on Nasdaq Texas
Tulsa, OK – May 26, 2026 – Suncrete, Inc. (NASDAQ: RMIX) (the “Company”), a
ready-mix concrete logistics and distribution platform strategically located in Oklahoma, Arkansas, Louisiana and Texas, today announced the dual listing of its common stock on Nasdaq Texas, a new dual listing
venue headquartered in Dallas and designed to serve companies with strong ties to the state of Texas.
Randall Edgar, Suncrete’s Chief Executive
Officer, said, “We are pleased to join Nasdaq Texas as a founding member. Texas represents a key component of our growth story, and with the addition of Hope Concrete and Nelson Bros Ready Mix, we have significantly expanded our footprint in
the state. Our growth in Texas is just beginning, and we value the tremendous opportunities the state creates for its people, businesses, and communities. We look forward to continuing to invest in and serve the residents, customers, and companies
that proudly call Texas home.”
Ned N. Fleming, III, the Company’s Executive Chairman, stated, “This dual listing reflects our deep,
long-term commitment to Texas and reinforces a core competence at Suncrete to strategically choose the best partner for our business. We are proud to expand our partnership with Nasdaq, whose technology, service, and support have been instrumental
throughout our public company transition.
“Texas is one of the most attractive growth markets in the country, supported by strong population
growth, a dynamic economy, and significant infrastructure and commercial development activity. Equally important, the state provides a favorable operating environment and strong support for industries that are critical to long-term economic growth
and construction development.
“As we continue expanding our presence through both organic growth and strategic acquisitions, we are excited to
further strengthen our ties to Texas and continue investing alongside the employees, customers, and communities that have contributed to our success,” concluded Fleming.
“Nasdaq Texas is built on the belief that companies growing in this state deserve a platform with global reach. Suncrete is among the first companies to
join the Nasdaq Texas community, and their continued investment in Texas is a testament to the opportunity this state creates for businesses, employees, and communities alike” said Rachel Racz, SVP and Head of Listing for Texas, Central and
Southern U.S., and Latin America.