AcquisitionsJun 12, 2026, 04:52 PM

Suncrete Acquires Newoods for $27.2M Cash & 587,726 Shares

AI Summary

Suncrete, Inc., through an indirect wholly owned subsidiary, completed the acquisition of Newoods, Inc., an Arkansas-based concrete product supplier operating as ABC Block Company. The total consideration for the acquisition was $27.2 million in cash, subject to adjustments, and 587,726 shares of Suncrete's Class A Common Stock. The issuance of these shares was made in reliance on exemptions from registration under the Securities Act of 1933.

Key Highlights

Suncrete, Inc. acquired Newoods, Inc. (d/b/a ABC Block Company), a concrete product supplier.
The acquisition consideration included $27.2 million in cash.
The consideration also included 587,726 shares of Suncrete Class A Common Stock.
The shares were issued under Section 4(a)(2) of the Securities Act and/or Rule 506 of Regulation D.

View SEC Filing

RMIX

Concrete Products, Except Block & Brick

Suncrete, Inc.

Price Impact