Company: VREOF
Filing Date: 2025-03-07
Form Type: PRE 14C
Source: 0001140361-25-007601
Chunk: 224

Company: Vireo Growth Inc.
Filing Date: 2025-03-07
Form: PRE 14C
Chunk 224
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The unaudited pro forma condensed combined financial information does not necessarily reflect what the combined company’s financial condition or results of operations would have been had the Deep Roots Merger occurred on the dates indicated. The unaudited pro forma condensed combined financial information also may not be useful in predicting the future financial condition and results of operations of the combined company. The actual financial condition and results of operations of the combined company may differ significantly from the pro forma amounts reflected herein due to a variety of factors, including differences in accounting policies, elections, and estimates, which while accounted for to the extent known, are still in process of being determined.

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UNAUDITED PRO FORMA CONDENSED COMBINED BALANCE SHEET AS OF DECEMBER 31, 2024

|                                          |     |        Vireo |     |   Deep Roots |     |  Transaction 
   Accounting 
  Adjustments |     |    |     |    Pro Forma 
     Combined |
| ASSETS                                   |     |              |     |              |     |              |     |    |     |              |
| Current assets                           |     |              |     |              |     |              |     |    |     |              |
| Cash                                     |     |  $91,604,970 |     |  $16,066,753 |     | $(2,098,281) |     | A  |     | $105,573,442 |
| Accounts receivable, net                 |     |    4,590,351 |     |      574,886 |     |            — |     |    |     |    5,165,237 |
| Income tax receivable                    |     |   12,027,472 |     |    8,295,721 |     |            — |     |    |     |   20,323,193 |
| Inventory                                |     |   21,666,364 |     |   12,497,987 |     |            — |     |    |     |   34,164,351 |
| Prepayments and other current assets     |     |    1,650,977 |     |    1,906,506 |     |            — |     |    |     |    3,557,483 |
| Warrants held                            |     |