Company: VREOF
Filing Date: 2025-03-11
Form Type: PREM14C
Source: 0001140361-25-008065
Chunk: 84

Company: Vireo Growth Inc.
Filing Date: 2025-03-11
Form: PREM14C
Chunk 84
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ger Consideration) shall thereafter look only to the Wholesome Surviving Corporation for payment of its pro rata portion of the Wholesome Closing Share Payment (or any Subordinate Voting Shares issued pursuant to any adjustment to the determination of the Wholesome Actual Closing Merger Consideration). After December 31, 2026, the Company will deliver to the Exchange Agent the Wholesome Earn-Out Shares for further distribution to the Wholesome stockholders. The distribution of Subordinate Voting Shares comprising the Wholesome Closing Share Payment (or any adjustment thereof) and any Wholesome Earn-Out Shares to the Wholesome stockholders is subject to compliance with U.S. federal and state securities laws. Representations and Warranties The Company and Wholesome Merger Sub, on the one hand, and Wholesome, on the other hand, made representations and warranties in the Wholesome Merger Agreement regarding themselves and, as applicable, their respective subsidiaries that are subject, in some cases, to specified exceptions and qualifications contained in the Wholesome 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 Wholesome (the “Company to Wholesome Disclosure Schedules”) and by Wholesome to the Company and Wholesome Merger Sub (the “Wholesome Disclosure Schedules”). Wholesome’s representations and warranties to the Company and Wholesome Merger Sub in the Wholesome Merger Agreement relate to, among other things:

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

| • | Wholesome’s corporate power and authority to execute and deliver the Wholesome Merger Agreement, perform its obligations thereunder and under the documents and agreements contemplated by the Wholesome Merger Agreement, and 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; |