Company: VREOF
Filing Date: 2025-03-07
Form Type: PRE 14C
Source: 0001140361-25-007601
Chunk: 225

Company: Vireo Growth Inc.
Filing Date: 2025-03-07
Form: PRE 14C
Chunk 225
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 |     |  14,288,602 |     |   -1,327,841 |     |    |     |    -3,933,748 |
| Income tax expense                                                                    |     |   -11,113,000 |     |  -8,139,737 |     |            — |     |    |     |   -19,252,737 |
| Net (loss) income and comprehensive (loss) income                                     |     | $(28,007,509) |     |  $6,148,865 |     | $(1,327,841) |     |    |     | $(23,186,485) |
| Net loss per share – basic and diluted                                                |     |       $(0.16) |     |             |     |              |     |    |     |       $(0.05) |
| Weighted average shares used in computation of net loss per share – basic and diluted |     |   180,391,815 |     |             |     |              |     |    |     |   425,631,815 |

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TABLE OF CONTENTS

NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED AND CONSOLIDATED FINANCIAL INFORMATION Note 1. Basis of Presentation The unaudited pro forma condensed combined financial information represents the combined companies’ (Vireo and Deep Roots) unaudited pro forma condensed combined balance sheet as of December 31, 2024 and unaudited pro forma condensed combined statement of operations for the year ended December 31, 2024. The unaudited pro forma condensed combined financial information is based on the historical financial statements of Vireo and Deep Roots, adjusted to give effect to the Deep Roots Merger, and should be read in conjunction with the historical financial statements from which they are derived. The unaudited pro forma condensed combined financial information is presented in United States dollars. The unaudited pro forma condensed combined balance sheet gives effect to the Deep Roots Merger as if it had occurred on December 31, 2024. The unaudited pro forma condensed combined statement of operations gives effect to the Deep Roots Merger as if it had occurred on January 1, 2024. In preparing the unaudited pro forma condensed combined balance sheet and unaudited pro forma condensed combined statement of operations, the following historical information was used:

The unaudited pro forma condensed combined balance sheet and unaudited pro