Company: VREOF
Filing Date: 2025-06-12
Form Type: 8-K/A
Source: 0001104659-25-058898
Chunk: 1

Company: Vireo Growth Inc.
Filing Date: 2025-06-12
Form: 8-K/A
Chunk 1
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1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act. ¨

<div align='center'>EXPLANATORY NOTE</div>

This Amendment (the “Amendment”)
to the Current Report on Form 8-K filed by Vireo Growth Inc. (the “Company”) on June 6, 2025 (the “Original 8-K”)
is being filed solely for the purpose of adding disclosure under Item 2.03 to the Original 8-K. Except as provided herein, the disclosures
made in the Original Report remain unchanged. The Amendment continues to speak as of the original filing date and does not reflect events
that may have occurred subsequent to the original filing date. Capitalized terms not otherwise defined herein shall have the meanings
ascribed to such terms in the Original 8-K.

| Item 2.03. | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |

The information set forth under Item 2.01 of the Original Form
8-K related to the aggregate outstanding net debt of the Acquired Companies to the Agent and/or its affiliates of approximately
$27,400,000 (which as of May 30, 2025 had decreased to approximately $25,500,000) pursuant to a Credit Agreement dated as of May 9,
2022 by and among Holdings, New Growth Horizon, LLC, a Missouri limited liability company and a subsidiary of Holdings (“New
Growth Horizon”), the Acquired Companies, the Agent, and certain other parties thereto (as amended, the “CA Loan
Agreement”), which debt continues to be held by the Acquired Companies after the Closing, is incorporated herein by reference,
to the extent required herein. On the Closing Date, as a result of the Mergers, the Company became obligated under the CA Loan
Agreement. The debt under the CA Loan Agreement bears cash interest at a per annum rate equal to 11%. The CA Loan Agreement also
requires the payment of PIK Interest (as defined therein) in the amount of 2% or 3% per annum based upon the consolidated leverage
ratio of the borrowers under the CA Loan Agreement and their respective