Company: VREOF
Filing Date: 2025-03-20
Form Type: 8-K
Source: 0001104659-25-026121
Chunk: 1

Company: Vireo Growth Inc.
Filing Date: 2025-03-20
Form: 8-K
Item: Item 5.07
Chunk 1
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Item 5.07      Submission of Matters to a Vote of Security Holders.  

On March 19, 2025, security holders of approximately
51.5% of the outstanding voting power of the Company’s Subordinate Voting Shares and Multiple Voting Shares (such security holders,
the “ Majority Shareholders”) approved certain actions by written consent (the “Written Consent”).
Pursuant to the Written Consent, the Majority Shareholders approved:

  the Company’s previously disclosed transactions with (a) Deep Roots (the “ Deep Roots Merger ”); (b) Holdings and the Proper Companies (the “ Proper Mergers ”); and (c) Wholesome (the “ Wholeso...  

  the issuance of:  

  (a) Subordinate Voting Shares, at a deemed price per share of $0.52, as consideration to Deep Roots stockholders in connection with the Deep Roots Merger and such number of additional Subordina...  

  (b) Subordinate Voting Shares, at a deemed price per share of $0.52, as consideration to Proper equityholders in connection with the Proper Mergers and such number of additional Subordinate Vot...  

  (c) Subordinate Voting Shares, at a deemed price per share of $0.52, as consideration to Wholesome stockholders in connection with the Wholesome Merger and such number of additional Subordinate...  

  the grant of 19,000,000 time-based restricted stock units (“ RSUs ”) and 19,000,000 performance-based RSUs to John Mazarakis, Chief Executive Officer and Co-Executive Chairman of the Company, a...  

On March 11, 2025, the Company filed a preliminary Information Statement
on Schedule 14C with the U. S. Securities and Exchange Commission with respect to the matters approved by the Majority Shareholders and,
as soon as it may do so, will mail the definitive Information Statement on Schedule 14C to its shareholders of record as of February 6,
2025. None of the transactions approved by Written Consent may be effected earlier than twenty calendar days following the mailing
of the Information Statement.