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Eaglesnest takes 10.3% Suncrete (RMIX) stake with lock-up terms

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Suncrete, Inc. insider Randall W. Edgar and his entity Eaglesnest Investments, LLC report beneficial ownership of 4,808,790 shares of Class A Common Stock, representing 10.3% of the class. These shares were issued on April 8, 2026 in connection with Suncrete’s business combination with Concrete Partners Holding, LLC.

The shares are held directly by Eaglesnest, which Edgar controls, while he disclaims beneficial ownership beyond his pecuniary interest. Eaglesnest has a Registration Rights Agreement for these securities and is party to a Company Support Agreement that locks up its shares for up to one year, with 33.33% released after six months and another 33.33% after nine months.

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Insights

Edgar’s vehicle reports a locked-up 10.3% Suncrete stake from the SPAC merger.

Randall W. Edgar, Suncrete’s CEO, and his entity Eaglesnest Investments, LLC report beneficial ownership of 4,808,790 Class A shares, or 10.3% of the company’s 46,879,768 outstanding shares as of April 8, 2026. The stake arose from the completed business combination with Concrete Partners Holding, LLC.

The filing clarifies that Eaglesnest directly holds the shares and Edgar may be deemed a beneficial owner through control of the LLC, though he disclaims ownership beyond his pecuniary interest. This establishes a significant insider-aligned block but does not, by itself, change operations or capital structure beyond what the combination already set.

Eaglesnest has customary registration rights for its securities and is subject to a lock-up under a Company Support Agreement, limiting transfers for up to one year after closing, with 33.33% of its shares released after each of the six- and nine-month anniversaries. Subsequent disclosures may describe any sales after these lock-up releases.

Beneficial ownership 4,808,790 shares Class A Common Stock held by Eaglesnest as reported in Schedule 13D
Ownership percentage 10.3% Percent of Suncrete Class A Common Stock represented by 4,808,790 shares
Shares outstanding 46,879,768 shares Suncrete Class A Common Stock outstanding as of April 8, 2026
Lock-up first release 33.33% of Lock-up Securities Automatically released six months after the business combination closing date
Lock-up second release 33.33% of Lock-up Securities Automatically released nine months after the business combination closing date
Business combination closing date April 8, 2026 Date Suncrete completed its business combination issuing the reported shares
Business Combination financial
"On April 8, 2026, the Issuer consummated its previously announced business combination"
A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.
Registration Rights Agreement regulatory
"entered into a Registration Rights Agreement (the "Registration Rights Agreement"), dated April 8, 2026"
A registration rights agreement is a contract that gives investors the option to have their ownership stakes officially registered with the government, making it easier to sell their shares later. This agreement matters because it provides investors with a clearer path to cash out their investments if they choose, offering more liquidity and confidence in their ability to sell their holdings when desired.
Company Support Agreement regulatory
"Eaglesnest is party to a company equityholder support agreement (the "Company Support Agreement")"
Lock-up Securities financial
"such securities, the "Lock-up Securities""
piggyback registration rights regulatory
"the parties to the Registration Rights Agreement are entitled to certain piggyback registration rights"
A contractual right that lets existing shareholders join a company’s planned public sale of stock so they can sell their own shares at the same time under the same paperwork. It matters to investors because it gives insiders and early holders an easier, often faster way to convert shares to cash, while also potentially increasing the number of shares offered and affecting the share price — like catching a scheduled bus instead of hiring a private ride to get where you need to go.





If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




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SCHEDULE 13D




Comment for Type of Reporting Person:
In reference to Items 8,10 and 11, represents shares of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock"), of Suncrete, Inc. (the "Issuer") directly held by Eaglesnest Investments, LLC ("Eaglesnest"). Mr. Edgar controls Eaglesnest and may be deemed to beneficially own common stock of the Issuer held by Eaglesnest. Mr. Edgar disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. In reference to Item 13, based upon 46,879,768 shares of Class A Common Stock outstanding as of April 8, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
In reference to Items 8, 10 and 11, represents shares of Class A Common Stock directly held by Eaglesnest. In reference to Item 13, based upon 46,879,768 shares of Class A Common Stock outstanding as of April 8, 2026.


SCHEDULE 13D


Randall W. Edgar
Signature:/s/ Randall W. Edgar
Name/Title:Randall W. Edgar
Date:04/15/2026
Eaglesnest Investments, LLC
Signature:/s/ Eaglesnest Investments, LLC
Name/Title:Randall W. Edgar, Manager
Date:04/15/2026

FAQ

What ownership stake in Suncrete (RMIX) does Randall W. Edgar report?

Randall W. Edgar and Eaglesnest Investments, LLC report beneficial ownership of 4,808,790 Suncrete Class A shares, or 10.3% of the class. The shares are held directly by Eaglesnest, which Edgar controls, and this percentage is based on 46,879,768 shares outstanding as of April 8, 2026.

How did Eaglesnest obtain its Suncrete (RMIX) shares?

Eaglesnest obtained 4,808,790 Suncrete Class A shares through the company’s business combination completed April 8, 2026. The shares were issued pursuant to a Business Combination Agreement among Suncrete, Haymaker Acquisition Corp. 4, related merger subsidiaries, and Concrete Partners Holding, LLC.

What lock-up restrictions apply to Eaglesnest’s Suncrete (RMIX) shares?

Eaglesnest is party to a Company Support Agreement imposing lock-up restrictions for up to one year after closing. 33.33% of its lock-up securities are released at the six‑month anniversary and another 33.33% at the nine‑month anniversary of the business combination closing date.

What registration rights does Eaglesnest have for its Suncrete (RMIX) stake?

Eaglesnest holds customary registration rights under a Registration Rights Agreement dated April 8, 2026. The agreement allows it, in certain circumstances, to demand assistance with underwritten offerings and block trades and provides piggyback registration rights on other company registrations.

Who directly holds the 4,808,790 Suncrete (RMIX) shares reported in the 13D?

The 4,808,790 Class A Suncrete shares are directly held by Eaglesnest Investments, LLC. Edgar controls Eaglesnest and may be deemed to beneficially own these shares, but he disclaims beneficial ownership except to the extent of his pecuniary interest in the securities.

What is the principal role of Randall W. Edgar at Suncrete (RMIX)?

Randall W. Edgar serves as Chief Executive Officer and a director of Suncrete, Inc. His investment vehicle, Eaglesnest Investments, LLC, primarily holds equity of the issuer, aligning his executive role with a significant ownership position disclosed in this Schedule 13D.