Company: VREOF
Filing Date: 2025-03-11
Form Type: PREM14C
Source: 0001140361-25-008065
Chunk: 108

Company: Vireo Growth Inc.
Filing Date: 2025-03-11
Form: PREM14C
Chunk 108
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 stockholder of Arches, holding as of the date of signing of the Proper Merger Agreement approximately 15.28% of the issued and outstanding equity securities of Arches (the “Proper Arches Shares”), not including any Arches Options. The Company will indirectly acquire the Proper Arches Shares held by Proper as a result of the Proper Transactions. Arches is a private Delaware corporation incorporated on February 28, 2024, and is the owner and operator of a proprietary cannabis delivery and analytics platform which would be licensed exclusively to the Company’s portfolio of operating companies over time as regulations allow. Form and Effects of the Proper Mergers; Articles of Incorporation and Bylaws; Directors and Officers Upon the terms and subject to the conditions set forth in the Proper Merger Agreement and the applicable provisions of the General and Business Corporation Law of Missouri (“Missouri Act”), NGH will be merged with and into Proper Merger Sub 1, the separate corporate existence of NGH will cease and Proper Merger Sub will continue as the Proper Merger Sub 1 Surviving Corporation of the merger and a wholly owned subsidiary of the Company. Upon the terms and subject to the conditions set forth in the Proper Merger Agreement and the applicable provisions of the Missouri Act, Proper MSA Newco will be merged with and into Proper Merger Sub 2, the separate corporate existence of Proper MSA Newco will cease and Proper Merger Sub 2 will continue as the Proper Merger Sub 2 Surviving Corporation of the merger and a wholly owned subsidiary of the Company. At the Proper Effective Time (as defined below):

| • | each share of the common stock of Proper Merger Sub 1 will be converted into one newly issued, fully-paid and non-assessable share of common stock, par value $0.001 per share, of the Proper Merger Sub 1 Surviving Corporation, and, following the Proper Effective Time, all shares of common stock of the Proper Merger Sub 1 Surviving Corporation will be held by the Company; |

| • | each share of the common stock of Proper Merger Sub 2 will be converted into one newly issued, fully-paid and non-assessable share of common stock, par value $0.001 per share, of the Proper Merger Sub 1 Surviving Corporation, and, following the Proper Effective Time, all shares of common stock of the Proper Merger Sub 2 Surviving Corporation will be held by the Company; |

| • | each share of