Haymaker Acquisition Corp. 4 Completes Suncrete Merger; 'RMIX' Ticker Debuts Tomorrow
HYAC is trading near its 52-week low of $9.67 (11% above the low) on elevated volume (18× avg).
Summary
Haymaker Acquisition Corp. 4 (HYAC) has successfully completed its business combination with Suncrete, a ready-mix concrete logistics and distribution platform. The newly combined entity will operate as Suncrete, Inc., with its Class A common stock expected to commence trading on The Nasdaq Global Market under the new ticker symbol "RMIX" on April 9, 2026. This finalizes the SPAC's de-SPAC transaction, following shareholder and warrantholder approvals on April 7, 2026, as previously reported in SEC filings. The transaction generated approximately $226 million in gross proceeds. This completion is a highly material event for current HYAC shareholders, as it signifies the transition from a SPAC to an operating company and introduces a new ticker. Traders should monitor the stock's performance closely as it begins trading under "RMIX" tomorrow.
At the time of this announcement, HYAC was trading at $10.75 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $313.6M. The 52-week trading range was $9.67 to $12.54. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.