Company: VREOF
Filing Date: 2025-03-11
Form Type: PREM14C
Source: 0001140361-25-008065
Chunk: 215

Company: Vireo Growth Inc.
Filing Date: 2025-03-11
Form: PREM14C
Chunk 215
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784 |     |    $91,305 |
| Net loss attributable to noncontrolling interest                |     |                  370,759 |     |          — |
| Interest expense, net                                           |     |                1,729,713 |     | -2,131,864 |
| Income taxes                                                    |     |                5,185,802 |     |  3,024,340 |
| Depreciation & Amortization (includes amounts in Cost of sales) |     |                1,634,395 |     |  1,491,906 |
| EBITDA                                                          |     |               13,946,453 |     |  2,474,687 |
| Stock-based compensation                                        |     |                  192,849 |     |     98,749 |
| Arches net loss included in consolidated results                |     |                1,400,293 |     |          — |
| Other income                                                    |     |                  -75,295 |     |       -119 |
| Loss (gain) on disposal of assets                               |     |                  -50,000 |     |    287,767 |
| Adjusted EBITDA                                                 |     |               15,414,300 |     |  2,861,084 |

Liquidity and Capital Resources As of December 31, 2024 and 2023, the Company had working capital of $6,725,182 and $1,826,040, respectively, reflecting an increase in working capital of $4,899,142 for the year ended December 31, 2024 driven by substantial operating cash flow.

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#### TABLE OF CONTENTS
The Company is an early-stage growth company. It is generating cash from sales and is deploying its capital reserves to acquire and develop assets capable of producing additional revenues and earnings over both the immediate and near term.

#### Proper
You should read the following discussion and analysis of our financial condition and results of operations together with the “Unaudited Pro Forma Condensed Combined Financial Information” included elsewhere in this Information Statement. Some of the information contained in this discussion and analysis or set forth elsewhere in this Information Statement, including information with respect to our plans and strategy for our business and related financing, includes “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, or “