Company: VREOF
Filing Date: 2025-03-21
Form Type: DEFM14C
Source: 0001140361-25-009815
Chunk: 62

Company: Vireo Growth Inc.
Filing Date: 2025-03-21
Form: DEFM14C
Chunk 62
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 (the “Deep Roots Requisite Company Vote”); |

| • | the approval of an ordinary resolution approving the business combination transaction with Deep Roots and/or related change of control of the Company, as applicable, pursuant to applicable policies of the CSE (i) in the case of a meeting of shareholders, by at least 50% of the votes cast at a special meeting of shareholders of the Company by the holders of the Subordinate Voting Shares and Multiple Voting Shares represented in person or by proxy and entitled to vote at such meeting or (ii) in the case of action by written consent of the shareholders of the Company, by at least 50% of the Company’s outstanding voting power (the “Deep Roots Company Shareholder Approval”), has been obtained; |

| • | the consummation of the Deep Roots Merger not being made illegal or otherwise restrained or prohibited by any law, order, or action of any governmental authority of competent jurisdiction; |

| • | the Company having closed an equity investment in the Company from various investors in an aggregate amount at least equal to $75,000,000; and |

| • | certain regulatory consents in Nevada having been obtained. |

The obligations of the Company and Deep Roots Merger Sub to consummate the Deep Roots Merger are subject to the satisfaction or waiver of certain additional conditions, including the following:

| • | the accuracy of certain representations and warranties of Deep Roots in the Deep Roots Merger Agreement to be true and correct in all respects, subject to materiality qualifiers (or, with respect to such representations and warranties that are not subject to materiality qualifiers, in all material respects), or, in the case of Deep Roots’ organization and authority, capitalization, financial statement, and broker fee representations and warranties, other than for anyde minimisinaccuracies, as of the date of the Deep Roots Merger Agreement and as of Deep Roots Closing Date, or, as applicable, the date in respect of which such representation or warranty was specifically made; |

| • | Deep Roots having performed in all material respects its obligations under the Deep Roots Merger Agreement on or prior to the Deep Roots Closing Date; |

| • | certain Deep Roots licenses being valid and in full force and effect; |

| • | the approval of the Deep Roots Merger by the board of directors of Deep Roots (including such board’s recommendation that the Deep Roots stockholders adopt the Deep Roots Merger Agreement) and the Deep Roots Requisite Company Vote have been delivered to the Company; |

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