Company: VREOF
Filing Date: 2025-03-11
Form Type: PREM14C
Source: 0001140361-25-008065
Chunk: 18

Company: Vireo Growth Inc.
Filing Date: 2025-03-11
Form: PREM14C
Chunk 18
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ERS
The following summary highlights important information in this Information Statement regarding the Proper Mergers pursuant to the Proper Merger Agreement.

#### Parties Involved in the Proper Mergers
Vireo Growth Inc.

For a brief description of the Company, see “Summary of Mergers — Deep Roots Merger — Parties Involved in the Deep Roots Merger — Vireo Growth Inc.” above. For additional information about Vireo, see “Information About the Parties to the Mergers — Vireo Growth Inc.” starting on page 99 .

Proper Holdings, LLC

Proper Holdings, LLC is a private Missouri limited liability company formed on April 12, 2022. Proper is currently one of the largest independent operators in Missouri’s adult-use cannabis market. Led by Chief Executive Officer John Pennington, the company has a total retail footprint of eleven stores, five original and six acquired stores which have been rebranded under the Proper name (two stores are branded N’Bliss), and one undeveloped license. All stores are in the St. Louis area except for one in Kansas City. For additional information about Proper, see “Information About the Parties to the Mergers — Proper” starting on page 113 .

Vireo PR Merger Sub Inc.

Vireo PR Merger Sub Inc. (“Proper Merger Sub 1”) is a Missouri corporation and wholly owned subsidiary of the Company incorporated on December 2, 2024, solely for the purpose of engaging in the transactions contemplated by the Proper Merger Agreement (the “Proper Transactions”), including the Proper Mergers. Proper Merger Sub 1 has not conducted any business operations except in furtherance of this purpose and activities incident to its incorporation.

Vireo PR Merger Sub II Inc.

Vireo PR Merger Sub II Inc. (“Proper Merger Sub 2”) is a Missouri corporation and wholly owned subsidiary of the Company incorporated on December 2, 2024, solely for the purpose of engaging in the Proper Transactions, including the Proper Mergers. Proper Merger Sub 2 has not conducted any business operations except in furtherance of this purpose and activities incident to its incorporation.

Proper Holdings Management, Inc.

Proper Holdings Management, Inc. (“Proper MSA Newco”) is a private Missouri corporation and wholly owned subsidiary of Proper incorporated on December 12, 2024, solely for the solely for the purpose of engaging in the Proper Transactions, including the