Company: VREOF
Filing Date: 2025-03-11
Form Type: PREM14C
Source: 0001140361-25-008065
Chunk: 150

Company: Vireo Growth Inc.
Filing Date: 2025-03-11
Form: PREM14C
Chunk 150
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 provisions and share forfeiture provisions that would be expected to provide for long-term alignment of the Company’s and the targets’ interests to drive future value through the Mergers and reward post-closing growth and performance, while allowing the Company to claw back Subordinate Voting Shares in certain circumstances if there is underperformance.

| • | Diligence on Targets. The results of the Company’s due diligence investigation of the targets and the reputation, business practices and experience of the targets and their management. |

| • | Potentially Accretive. The potential financially accretive benefits to existing Company stockholders through the Mergers. |

| • | Historical Share Performance. The historical trading prices of the Company’s Subordinate Voting Shares. |

The Board also considered a number of uncertainties and risks in their deliberations, including the following (not necessarily in order of relative importance):

| • | Potential Dilution. The potential dilution associated with the Share Issuance. |

| • | Closing Risk. The risk that the Mergers might not be successfully completed on the terms or timetable currently contemplated or at all despite the parties’ efforts. |

| • | Non-Realization of Benefits. The risk that the potential benefits of the Mergers may not be fully or partially realized or at all, including that there can be no assurance that any particular amount of growth, scale or synergies will be achieved following closing of the Mergers or as to the time frame in which they will be achieved. |

| • | Regulatory Approvals and Conditions. The potential length of the regulatory approval process and the risk that necessary approvals for each Merger might not be obtained or significantly delayed, as well as the risk that governmental entities may impose conditions on the Company’s business post-closing of the Mergers that may adversely affect the ability of the Company to realize the expected benefits of the Mergers. |

| • | Transaction Expenses. The fact that the Company expects to incur a number of non-recurring costs in connection with the Mergers even if the closing of one or more of the Mergers does not ultimately occur. |

| • | Integration Risks. The challenges inherent in the combination of four businesses of the size, scope and complexity of the Company and the targets, including the potential for unforeseen difficulties in integrating operations and systems and difficulties and costs of integrating or retaining employees and customers and maintaining business relationships. |

| • | Disruption of Existing Operations/Management. The risk of diverting Company management focus and resources from