Company: VREOF
Filing Date: 2025-03-21
Form Type: DEFM14C
Source: 0001140361-25-009815
Chunk: 159

Company: Vireo Growth Inc.
Filing Date: 2025-03-21
Form: DEFM14C
Chunk 159
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 was conducted with Proper, Moelis, CohnReznick, and Lineage. Also on that date, the Company’s management, Deep Roots and Moelis held a market diligence call focused on the regulatory and operational environment in Nevada. Finally, on that date, the Company’s management, Wholesome and Moelis conducted a financial model diligence call with respect to the Wholesome financials.

On October 7 and 8, 2024, QoE calls were held with Deep Roots, Moelis, TrueRise and CohnReznick to review financial data and assumptions.

On October 8, 2024, the Board met. In attendance were members of the Company’s management, Dorsey and Moelis. At such meeting, the Board received an update regarding process generally, as well as an initial update regarding Proper and Wholesome diligence matters and status and an update regarding additional Deep Roots market, retail, and cultivation diligence matters.

On October 10, 2024, a QoE call was held between Wholesome, Moelis, CohnReznick, the Company’s management and Chicago Atlantic, to further discuss financial diligence matters.

On October 15, 2024, a subsequent due diligence call was held between Wholesome, Polsinelli PC, counsel to Wholesome and Arches (“Polsinelli”), Dorsey and Moelis to discuss the due diligence process and certain open due diligence requests.

Between October 15 and 29, 2024, a number of QoE calls were conducted with Proper, CohnReznick and Lineage to assess financial due diligence progress.

Between October 16, 2024, and December 17, 2024, the Company, Bill’s Nursery and their respective financial and legal advisors conducted diligence and engaged in discussions regarding potential transaction structures and terms.

On October 18, 2024, the Company’s management, Arches management and Moelis held a diligence call focusing on the Arches business model, structure, and financial matters.

On October 21, 2024, representatives from the Company, Deep Roots, Chicago Atlantic, Eversheds Sutherland (US) LLP, counsel to Chicago Atlantic (“Eversheds Sutherland”), Dorsey, and TrueRise held a call to discuss transaction timing considerations.

On October 22, 2024, the Board met. In attendance were members of the Company’s management, Dorsey