Company: VREOF
Filing Date: 2025-03-07
Form Type: PRE 14C
Source: 0001140361-25-007601
Chunk: 343

Company: Vireo Growth Inc.
Filing Date: 2025-03-07
Form: PRE 14C
Chunk 343
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                          |     | $20,000,000 |
| Cash                          |     |  15,671,679 |
| Total Consideration           |     | $35,671,679 |

Balances are subject to change during the measurement period which will conclude at the earlier of the date the Company receives the information it was seeking about facts and circumstance that existed as of the acquisition date, learns more information is not obtainable, or up to one year following the acquisition date. Any changes to the preliminary estimates of the fair value of the assets acquired and liabilities assumed will be recorded as adjustments to those assets and liabilities and residual amounts will be allocated to goodwill.

| 7. | INTANGIBLE ASSETS |

As of December 31, 2024, intangible assets consisted of the following:

| Balance as of January 1, 2024      |     |    Licenses 
          $— |
|:-----------------------------------|:----|------------:|
| Addition from business combination |     |  20,541,184 |
| Balance as of December 31, 2024    |     | $20,541,184 |
| Accumulated Amortization           |     |             |
| Balance as of January 1, 2024      |     |          $— |
| Amortization                       |     |     255,122 |
| Balance as of December 31, 2024    |     | $20,286,062 |

There were no intangible assets as of December 31, 2023. Intangible assets are comprised of licenses and are amortized over 15 years. The Company recoded amortization expense of $255,122 for the year ended December 31, 2024.

B-16

TABLE OF CONTENTS

7. INTANGIBLE ASSETS (continued) The following table outlines the estimated annual amortization expense related to intangible assets as of December 31, 2024, which is subject to amortization of 15 years.

| Year Ending December 31, 
 2025                     |     |    Estimated 
 Amortization 
   $1,369,412 |
|:-------------------------|:----|-------------:|
| 2026                     |     |    1,369,412 |
| 2027                     |     |    1,369,412 |
| 2028                     |     |    1,369,412 |
| 2029                     |     |    1