Company: VREOF
Filing Date: 2025-03-07
Form Type: PRE 14C
Source: 0001140361-25-007601
Chunk: 318

Company: Vireo Growth Inc.
Filing Date: 2025-03-07
Form: PRE 14C
Chunk 318
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025,647 Vireo Options to purchase Subordinate Voting Shares that are exercisable within 60 days of February 15, 2025, and 33,170 Vireo RSUs that settle in Subordinate Voting Shares within 60 days of February 15, 2025. |

| (13) | Includes all directors and current executive officers. |

Aside from the pending Mergers, the Company is not aware of any arrangements the operation of which may at a subsequent date result in a change of control of the Company. Upon completion of the Deep Roots Merger, Wholesome Merger and Proper Mergers, it is estimated that Deep Roots shareholders will own approximately 26.6%, Wholesome shareholders will own approximately 14.2%, Proper Company shareholders will own approximately 19.3%, and the Company’s current shareholders will own approximately 39.9% of the outstanding economic interest of the Company on a fully diluted basis.

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REGULATORY APPROVALS CSE Approval The Company is required to comply with the rules and policies of the CSE in connection with approvals required for the Mergers, the Share Issuance and the RSU Grants, as set out under CSE policies. In connection with the Mergers and Share Issuance, the Company is required to comply with section 6.3 of CSE Policy 6 and subsections 4.6(1) and (3) of CSE Policy 4. In compliance with CSE policy, the Company has received security holder approval of the Mergers and the Share Issuance by written resolution in reliance on section 4.6(1)(b) of CSE Policy 4, has cleared all comments from the CSE for such security holder approval and form of disclosure provided to security holders with respect to the Mergers and Share Issuances, posted notice of the Mergers and Share Issuances under its profile on the CSE website and management has satisfied itself of the fairness of the Mergers and consideration to be paid. The CSE may object to the Mergers and Share Issuance or impose additional requirements at its discretion. As of the date of this Information Statement, the Company has not received an objection or imposition of additional requirements from the CSE. The Company is required to announce, at least five business days prior to closing, its reliance on the security holder approval exception provided in section 4.6(1