Company: VREOF
Filing Date: 2025-03-21
Form Type: DEFM14C
Source: 0001140361-25-009815
Chunk: 135

Company: Vireo Growth Inc.
Filing Date: 2025-03-21
Form: DEFM14C
Chunk 135
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 is in effect and has the effect of making the consummation of the Proper Mergers or the other transactions contemplated by the Proper Merger Agreement illegal (other than Federal Cannabis Laws (as defined in the Proper Merger Agreement)), otherwise restraining or prohibiting consummation of such transactions or causing any of the Proper Transactions to be rescinded following completion thereof, and in the case of a Governmental Order, such Governmental Order shall have become final and non-appealable; or

| ○ | the Proper Company Shareholder Approval shall not have been obtained upon a vote taken thereon at a stockholder meeting duly convened therefor or at any adjournment or postponement thereof at which a vote on the issuance of the Company’s Subordinate Voting Shares pursuant to the Proper Merger Agreement was taken. |

| • | by the Company if: |

| ○ | all of the conditions to Proper’s obligations to effect the Proper Closing have been satisfied (other than conditions to be satisfied at the Proper Closing), the Company has given irrevocable written notice to Proper that all of the conditions to the Company’s obligations to effect the Proper Closing have been satisfied or waived, that the Company is ready, willing, and able to consummate the Proper Closing, and Proper fails to consummate the Proper Transactions on or prior to the second business day on which the Proper Closing would otherwise have occurred; or |

| ○ | neither the Company nor Proper Merger Sub 1 or Proper Merger Sub 2 is then in material breach of any provision of the Proper Merger Agreement, and there has been a breach, inaccuracy in or failure to perform any representation, warranty, covenant or agreement made by Proper pursuant to the Proper Merger Agreement that would give rise to the failure of certain of the conditions to the Company’s obligations to effect the Proper Closing, and, to the extent curable, such breach, inaccuracy or failure has not been cured by Proper within 30 days of Proper’s receipt of written notice of such breach from the Company. |

| • | by Proper if: |

| ○ | all of the conditions to the Company’s obligations to effect the Proper Closing have been satisfied (other than conditions to be satisfied at the Proper Closing), Proper has given irrevocable written notice to the Company that all of the conditions to the Proper’s obligations to effect the Proper Closing have been satisfied or waived, that Proper is ready, willing, and able to consummate the Proper Closing, and the Company fails to consum