Company: VREOF
Filing Date: 2025-03-11
Form Type: PREM14C
Source: 0001140361-25-008065
Chunk: 157

Company: Vireo Growth Inc.
Filing Date: 2025-03-11
Form: PREM14C
Chunk 157
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On September 10, 2024, the Board met. In attendance were members of the Company’s management as well as representatives of Dorsey and Moelis. At such meeting, matters discussed included overall cannabis sector trends, transactions overview and timelines, counterparty status updates, and due diligence strategy.

On September 12 and 24, 2024, financial diligence and QoE introductory calls were held with Moelis, Chicago Atlantic, CohnReznick, Proper, and Lineage Merchant Partners, Proper’s financial advisor (“Lineage”).

On September 17, 2024, the Board met. At such meeting, the Board received a brief update on the transactions as well as on a potential strategy to raise equity capital in a private placement transaction.

On September 19, 2024, a financial diligence and QoE introductory call was held with Moelis, CohnReznick, Deep Roots, TrueRise, and Chicago Atlantic.

On September 23, 2024, a financial diligence and QoE introductory call was held with Moelis, CohnReznick, Wholesome, and Chicago Atlantic. Also on that date, Dorsey, Moelis, the Company and Deep Roots held a follow up diligence call.

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#### TABLE OF CONTENTS
On September 24, 2024, the Board met. In attendance were members of the Company’s management, Dorsey and Moelis. At the meeting, the Board received an update on process regarding the various targets as well as on initial diligence matters related to Deep Roots. The Board also met on September 25, 2024, at which a brief update was provided regarding certain structuring matters related to Proper.

On September 25, 2024, the Company, Wholesome, and Arches signed a non-binding (with certain exceptions) MOU, setting forth preliminary transaction terms in relation to Arches. Binding portions of the MOU included Arches granting the Company an exclusivity period through November 30, 2024, as well as a mutual confidentiality obligation.

On October 1, 2024, the Company’s management, Proper and Moelis conducted a financial model diligence call with respect to the Proper financials.

On October 2, 2024, the Company and Chicago Atlantic sent an initial draft of a merger agreement to Deep Roots.

On October 4, 2024, a financial model due diligence