Haymaker Advances Suncrete Merger with Warrant Support Agreements

An announcement from Haymaker Acquisition Corporation 4 Class A ( (HYAC) ) is now available.

On March 3, 2026, Haymaker Acquisition Corp. 4 secured Investor Support Agreements from holders of about 49.8% of its public warrants and a separate support agreement from its sponsor covering all private placement warrants, all tied to its pending business combination with Suncrete. These commitments mean a majority of SPAC warrant holders have agreed to back an amendment that would exchange each public warrant for $2.25 in cash and 0.075 ordinary shares, although Haymaker retains sole discretion on whether to implement the amendment once it is approved.

The proposed exchange, relying on a registration exemption, would retire the public warrants for roughly $25.9 million in cash and 862,500 ordinary shares if effected, simplifying Haymaker’s capital structure ahead of the Suncrete merger. The companies also confirmed that a definitive proxy statement/prospectus has been mailed to investors for votes on the deal, while warning that completion of the transaction and related financing remains subject to shareholder approvals, market conditions, regulatory requirements and other closing risks highlighted in their SEC filings.

More about Haymaker Acquisition Corporation 4 Class A

Haymaker Acquisition Corp. 4 is a Cayman Islands-incorporated special purpose acquisition company (SPAC) formed to pursue a business combination, and it is currently working to merge with Concrete Partners Holding, LLC, which operates as Suncrete. Through this transaction structure, Haymaker’s role is to take Suncrete public via a newly created holding company, Suncrete, Inc. (PubCo), targeting investors in the public equity markets.

Average Trading Volume: 86,053

Technical Sentiment Signal: Buy

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