Company: VREOF
Filing Date: 2025-03-21
Form Type: DEFM14C
Source: 0001140361-25-009815
Chunk: 52

Company: Vireo Growth Inc.
Filing Date: 2025-03-21
Form: DEFM14C
Chunk 52
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 (or any Subordinate Voting Shares issued pursuant to any adjustment to the determination of the Deep Roots Actual Closing Merger Consideration). After December 31, 2026, the Company will deliver to the Exchange Agent the Deep Roots Earn-Out Shares for further distribution to the Deep Roots stockholders. The distribution of Subordinate Voting Shares comprising the Deep Roots Closing Share Payment (or any adjustment thereof) and any Deep Roots Earn-Out Shares to the Deep Roots stockholders is subject to compliance with U.S. federal and state securities laws. Representations and Warranties The Company and Deep Roots Merger Sub, on the one hand, and Deep Roots, on the other hand, made representations and warranties in the Deep Roots Merger Agreement regarding themselves and, as applicable, their respective subsidiaries that are subject, in some cases, to specified exceptions and qualifications contained in the Deep Roots Merger Agreement (including “knowledge” and materiality qualifications and qualifications referring to dollar thresholds) and are further modified and limited by confidential disclosure schedules delivered by the Company to Deep Roots (the “Company to Deep Roots Disclosure Schedules”) and by Deep Roots to the Company and Deep Roots Merger Sub (the “Deep Roots Disclosure Schedules”). Deep Roots representations and warranties to the Company and Deep Roots Merger Sub in the Deep Roots Merger Agreement relate to, among other things:

| • | the organization, good standing and qualification of Deep Roots and its subsidiaries; |

| • | Deep Roots’ corporate power and authority to execute and deliver the Deep Roots Merger Agreement, perform its obligations thereunder and under the documents and agreements contemplated by the Deep Roots Merger Agreement, and to consummate the Deep Roots Transactions, and the enforceability and due execution and delivery of the Deep Roots Merger Agreement and the documents and agreements contemplated by the Deep Roots Merger Agreement; |

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

| • | the capitalization of Deep Roots and its subsidiaries; |

| • | ownership of equity securities by Deep Roots and its subsidiaries; |

| • | the financial statements of Deep Roots; |

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

| • | certain material contracts; |

| • | real property owned or leased; |

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| • | the condition and sufficiency of assets; |

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

| • | compliance with certain appliable data privacy laws;