Company: VREOF
Filing Date: 2025-03-11
Form Type: PREM14C
Source: 0001140361-25-008065
Chunk: 85

Company: Vireo Growth Inc.
Filing Date: 2025-03-11
Form: PREM14C
Chunk 85
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| • | real property owned or leased; |

| • | the condition and sufficiency of assets; |

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

| • | compliance with certain appliable data privacy laws; |

| • | the ownership and condition of inventory; |

| • | accounts receivable; |

| • | major customers and suppliers; |

| • | certain matters related to the insurance policies and arrangements; |

| • | the absence of certain suits, claims, actions, proceedings, arbitrations, mediations or investigations; |

| • | the compliance with applicable laws and permits, licenses, exemptions, authorizations, franchises, programs, registrations, certifications, concessions, orders and approvals of governmental entities; |

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| • | compliance with environmental laws and permits and other environmental matters; |

| • | compensation and benefits plans, agreements and arrangements with or concerning employees; |

| • | compliance with laws related to labor and employment; |

| • | the payment of taxes, the filing of tax returns and other tax matters; |

| • | the completeness and correctness of books and records; |

| • | certain affiliate transactions; |

| • | brokers’ and finders’ fees and other expenses payable by Wholesome; |

| • | certain U.S. securities laws matters; and |

| • | each stockholder of Wholesome being a “sophisticated purchaser” under the U.S. securities laws. |

Some of Wholesome’s representations and warranties in the Wholesome Merger Agreement are qualified by a materiality or Material Adverse Effect standard. A “Material Adverse Effect” means any effect, event, development, occurrence, fact, condition or change that has a material adverse effect, individually or in the aggregate, (i) on the business, results of operations, condition (financial or otherwise), liabilities or assets of Wholesome and its subsidiaries (excluding Arches), taken as a whole, or (ii) on the ability of Wholesome to perform its obligations under the Wholesome Merger Agreement or to consummate the Wholesome Merger, or on the consummation of (whether by prevention or material delay) the Wholesome Merger and the other transactions contemplated by the Wholesome Merger Agreement; provided, however, that “Material Adverse Effect” shall not include any effect, event, development, occurrence, fact, condition or