--- title: "Haymaker Acquisition 4 Bolsters De-SPAC With 5M-Share Prepaid Forward and 250K-Share Non-Redemption" type: "News" locale: "en" url: "https://longbridge.com/en/news/281890287.md" description: "Haymaker Acquisition 4 has enhanced its financing for the merger with Suncrete by securing two key agreements. The first is a Non-Redemption Agreement for 250,000 public shares, ensuring investor support for the merger while waiving redemption rights. The second is a prepaid share forward agreement with Harraden Circle for up to 5 million shares, aimed at providing liquidity and stabilizing the deal execution. Both agreements are designed to reduce redemptions and facilitate the merger process." datetime: "2026-04-07T13:23:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281890287.md) - [en](https://longbridge.com/en/news/281890287.md) - [zh-HK](https://longbridge.com/zh-HK/news/281890287.md) --- # Haymaker Acquisition 4 Bolsters De-SPAC With 5M-Share Prepaid Forward and 250K-Share Non-Redemption Haymaker Acquisition 4 strengthened financing for its pending merger with Suncrete by securing two redemptions-focused agreements. It signed a Non-Redemption Agreement covering 250,000 public shares, under which the investor will vote for the deal, forgo redemption and receive cash equal to any excess of the final redemption price over $10.75 per share. In a separate move, Haymaker and PubCo entered a prepaid share forward with Harraden Circle funds for up to 5,000,000 shares, funded at closing from the trust at the redemption price. The forward allows post-close settlements as shares are sold, includes a six-month maturity with potential extensions, and waives the Seller's redemption rights, aiming to stabilize liquidity and deal execution. **Agreement 1: Haymaker Acquisition 4 Bolsters De-SPAC With 250K-Share Non-Redemption Agreement** - **Agreement type**: Non-Redemption Agreement - **Counterparty**: Existing Shareholder - **Signed / Effective**: Apr 01 2026 / Apr 01 2026 - **Duration / Termination**: Until closing of the Business Combination - **Reason**: Reduce redemptions and secure approval for the merger **Agreement 2: Haymaker Acquisition 4 Strikes Prepaid Forward for Up to 5M Shares With Harraden Circle** - **Agreement type**: Prepaid share forward purchase agreement (up to 5,000,000 shares) - **Counterparty**: Harraden Circle funds - **Signed / Effective**: Apr 06 2026 / Apr 06 2026 - **Duration / Termination**: Up to 6 months post-closing; extendable twice by 3 months - **Reason**: Provide liquidity and backstop redemptions during de-SPAC Original SEC Filing: Haymaker Acquisition Corp. 4 \[ HYAC \] - 8-K - Apr. 07, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [HYAC.US](https://longbridge.com/en/quote/HYAC.US.md) - [RMIX.US](https://longbridge.com/en/quote/RMIX.US.md) ## Related News & Research - [SunTx Capital Partners' Portfolio Company, Suncrete, and Haymaker Acquisition Corp. 4, Successfully Complete Business Combination | HYAC Stock News](https://longbridge.com/en/news/282091409.md) - [Athena Technology SPAC Extends Deadline for Business Combination](https://longbridge.com/en/news/281930364.md) - [Drugs Made in America SPAC Signs Power Analytics LOI](https://longbridge.com/en/news/282052887.md) - [Aquaron Acquisition Corp Extends SPAC Deadline with Promissory Note](https://longbridge.com/en/news/281930426.md) - [Flutter Redeems More Shares Under $5 Billion Buyback Plan](https://longbridge.com/en/news/282172630.md)