Company: VREOF
Filing Date: 2025-03-21
Form Type: DEFM14C
Source: 0001140361-25-009815
Chunk: 122

Company: Vireo Growth Inc.
Filing Date: 2025-03-21
Form: DEFM14C
Chunk 122
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, fact, condition or change giving rise to or contributing to such failure may be deemed to constitute, or be taken into account in determining whether there has been a Material Adverse Effect); provided further, however, that any event, occurrence, fact, condition or change referred to in clauses (a) through (f) immediately above shall be taken into account in determining whether a Material Adverse Effect has occurred or could reasonably be expected to occur to the extent that such event, occurrence, fact, condition or change has a disproportionate effect on Proper and its subsidiaries compared to other participants in the industries in which the Proper Companies and their subsidiaries and Proper and certain of its subsidiaries conduct their businesses.

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TABLE OF CONTENTS

The Company, Proper Merger Sub 1, and Proper Merger Sub 2 also made a number of representations and warranties to the Proper Companies, including the following:

| • | the organization, good standing and qualification of each of the Company, Proper Merger Sub 1, and Proper Merger Sub 2; |

| • | each of the Company’s, Proper Merger Sub 1’s, and Proper Merger Sub 2’s respective corporate power and authority to execute and deliver the Proper Merger Agreement, perform its obligations thereunder and under the documents and agreements contemplated by the Proper Merger Agreement, and to consummate the Proper Transactions, and the enforceability and due execution and delivery of the Proper Merger Agreement and the documents and agreements contemplated by the Proper Merger Agreement; |

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

| • | the operations of Proper Merger Sub 1 and Proper Merger Sub 2; |

| • | brokers’ and finders’ fees and other expenses payable by the Company, Proper Merger Sub 1, or Proper Merger Sub 2; |

| • | the solvency of the Company, Proper Merger Sub 1, and Proper Merger Sub 2; |

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

| • | the capitalization of the Company and certain matters with respect to the Subordinate Voting Shares; |

| • | the financial statements of the Company; |

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

| • | the compliance with applicable laws; |

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

| • | certain U.S. tax matters. |

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