Company: VREOF
Filing Date: 2025-03-07
Form Type: PRE 14C
Source: 0001140361-25-007601
Chunk: 109

Company: Vireo Growth Inc.
Filing Date: 2025-03-07
Form: PRE 14C
Chunk 109
---
 NGH Common Stock will be converted into the right to receive, in accordance with the terms of the Proper Merger Agreement, the consideration described below in the section entitled “Description of the Merger Agreements — Proper Mergers — Consideration to be Received in the Proper Mergers”; |

| • | each share of the common stock of Proper MSA Newco Common Stock will be converted into the right to receive, in accordance with the terms of the Proper Merger Agreement, the consideration described below in the section entitled “Description of the Merger Agreements — Proper Mergers — Consideration to be Received in the Proper Mergers”; |

| • | the Articles of Incorporation of each of Proper Merger Sub 1 and Proper Merger Sub 2 will be amended and restated in its entirety to read as set forth on the form attached as Exhibit I-1 and Exhibit I-2 to the Proper Merger Agreement, respectively, and, as so amended, will be the articles of incorporation of the applicable Proper Surviving Corporation until thereafter amended in accordance with its terms and as provided by Missouri law; |

| • | the Bylaws of each of Proper Merger Sub 1 and Proper Merger Sub 2 in effect immediately prior to the Proper Closing (with any changes as the Company and Proper may mutually agree) will be the bylaws of the applicable Proper Surviving Corporation until thereafter amended in accordance with their terms, the articles of incorporation of the applicable Proper Surviving Corporation and as provided by Missouri law; |

59

TABLE OF CONTENTS

| • | the directors of Proper Merger Sub 1 and Proper Merger Sub 2 immediately prior to the Proper Closing will be the directors of the applicable Proper Surviving Corporation, each to serve until his or her respective successor is duly elected and qualified or until the earlier of his or her death, resignation or removal; and |

| • | the officers of NGH and Proper MSA Newco immediately prior to the Proper Closing will be the officers of the applicable Proper Surviving Corporation, each such officer to serve until his or her respective successor is duly elected and qualified or until the earlier of his or her death, resignation or removal. |

Consummation and Effectiveness of the Proper Mergers Unless another time or date is mutually agreed in writing by Proper and the Company, the Proper Closing will take place at 7:00 A.M. Central Time on the second business day following the satisfaction or, to the extent not prohibited by applicable law,