Company: VREOF
Filing Date: 2025-03-11
Form Type: PREM14C
Source: 0001140361-25-008065
Chunk: 72

Company: Vireo Growth Inc.
Filing Date: 2025-03-11
Form: PREM14C
Chunk 72
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26, 2024, solely for the purpose of engaging in the Wholesome Transactions, including the Wholesome Merger. Wholesome Merger Sub has not conducted any business operations except in furtherance of this purpose and activities incident to its incorporation. Shareholder Representative Services LLC Stockholder Representative is a Colorado limited liability company and is a party to the Wholesome Merger Agreement solely for the purposes of acting as the representative, agent, and attorney-in-fact of the Wholesome stockholders. Arches IP, Inc. Wholesome is the majority stockholder of Arches, holding as of the date of signing of the Wholesome Merger Agreement approximately 84.72% of the issued and outstanding equity securities of Arches (the “Wholesome Arches Shares”), not including any options or similar grants to purchase equity securities of Arches (the “Arches Options”). The Company will indirectly acquire the Wholesome Arches Shares held by Wholesome as a result of Wholesome Merger. Arches is a private Delaware corporation incorporated on February 28, 2024, and is the owner and operator of a proprietary cannabis delivery and analytics platform which would be licensed exclusively to the Company’s portfolio of operating companies over time as regulations allow. Form and Effects of the Wholesome Merger; Certificate of Incorporation and Bylaws; Directors and Officers Upon the terms and subject to the conditions set forth in the Wholesome Merger Agreement and the applicable provisions of the DGCL, Wholesome Merger Sub will be merged with and into Wholesome, the separate corporate existence of Wholesome Merger Sub will cease and Wholesome will continue as the Wholesome Surviving Corporation of the Wholesome Merger and a wholly owned subsidiary of the Company. At the Wholesome Effective Time (as defined below):

| • | each share of the common stock, par value $0.001 per share, of the Wholesome Merger Sub will be converted into one newly issued, fully-paid and non-assessable share of common stock, par value $0.001 per share, of the Wholesome Surviving Corporation, and, following the Wholesome Effective Time, all shares of common stock of the Wholesome Surviving Corporation will be held by the Company; |

| • | each share of the Wholesome Common Stock will be converted into the right to receive, in accordance with the terms of the Wholesome Merger Agreement,