Company: VREOF
Filing Date: 2025-03-21
Form Type: DEFM14C
Source: 0001140361-25-009815
Chunk: 55

Company: Vireo Growth Inc.
Filing Date: 2025-03-21
Form: DEFM14C
Chunk 55
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 suits, claims, actions, proceedings, arbitrations, mediations or investigations; |

| • | the capitalization of the Company and certain matters with respect to the Subordinate Voting Shares; |

| • | the financial statements of the Company; |

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

| • | the compliance with applicable laws; |

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

| • | certain U.S. tax matters. |

Some of the representations and warranties made by the Company and Deep Roots Merger Sub in the Deep Roots Merger Agreement are qualified by a materiality or Parent Material Adverse Effect standard. A “Parent Material Adverse Effect” means any effect, event, development, occurrence, fact, condition or change that has a material adverse effect, individually or in the aggregate, (a) on the business, results of operations, condition (financial or otherwise), liabilities or assets of the Company or its affiliates, taken as a whole, or (b) on the ability of the Company or Deep Roots Merger Sub to perform its obligations under the Deep Roots Merger Agreement or to consummate the Deep Roots Merger, or on the consummation of (whether by prevention or material delay) the Deep Roots Merger and the other transactions contemplated by the Deep Roots Merger Agreement; provided, however, that “Parent Material Adverse Effect” shall not include any effect, event, development, occurrence, fact, condition or change, directly arising out of or attributable to: (a) changes in general business, economic or political conditions; (b) changes in conditions generally affecting the industries in which the Company or its affiliates operate; (c) any changes in financial or securities markets in general; (d) any national or international political, regulatory or social conditions, including acts of war (whether or not declared), armed hostilities or terrorism, or the escalation or worsening thereof, pandemics, epidemics or states of emergency, whether declared or undeclared; (e) any “act of God,” including, but not limited to, weather, natural disasters and earthquakes; (f) any changes in applicable Laws or accounting rules; (g) any action required or permitted by the Deep Roots Merger Agreement; (h) the public announcement or pendency of the transactions contemplated by the Deep Roots Merger Agreement; or (i) any failure (in and of itself) by the Company or its affiliates to meet, with respect to any period or periods, any projections