Company: VREOF
Filing Date: 2025-03-21
Form Type: DEFM14C
Source: 0001140361-25-009815
Chunk: 86

Company: Vireo Growth Inc.
Filing Date: 2025-03-21
Form: DEFM14C
Chunk 86
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 to consummate the Wholesome Transactions, and the enforceability and due execution and delivery of the Wholesome Merger Agreement and the documents and agreements contemplated by the Wholesome Merger Agreement; |

| • | the absence of conflicts with governing documents, applicable laws, and contracts; |

| • | the capitalization of Wholesome and its subsidiaries; |

| • | ownership of equity securities by Wholesome and its subsidiaries; |

| • | the financial statements of Wholesome and Arches; |

| • | the absence of certain undisclosed material liabilities; |

| • | certain material contracts; |

| • | real property owned or leased; |

| • | the condition and sufficiency of assets; |

| • | ownership of, or rights with respect to, the intellectual property of Wholesome and its subsidiaries; |

| • | compliance with certain appliable data privacy laws; |

| • | the ownership and condition of inventory; |

| • | accounts receivable; |

| • | major customers and suppliers; |

| • | certain matters related to the insurance policies and arrangements; |

| • | the absence of certain suits, claims, actions, proceedings, arbitrations, mediations or investigations; |

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| • | the compliance with applicable laws and permits, licenses, exemptions, authorizations, franchises, programs, registrations, certifications, concessions, orders and approvals of governmental entities; |

| • | compliance with environmental laws and permits and other environmental matters; |

| • | compensation and benefits plans, agreements and arrangements with or concerning employees; |

| • | compliance with laws related to labor and employment; |

| • | the payment of taxes, the filing of tax returns and other tax matters; |

| • | the completeness and correctness of books and records; |

| • | certain affiliate transactions; |

| • | brokers’ and finders’ fees and other expenses payable by Wholesome; |

| • | certain U.S. securities laws matters; and |

| • | each stockholder of Wholesome being a “sophisticated purchaser” under the U.S. securities laws. |

Some of Wholesome’s representations and warranties in the Wholesome Merger Agreement are qualified by a materiality or Material Adverse Effect standard. A “Material Adverse Effect” means any effect, event, development, occurrence, fact, condition or change that has a material adverse effect, individually or in the aggregate, (i) on the business,