---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-086082"
form_type: "8-K"
ticker: "VREOF"
cik: "0001771706"
company_name: "Vireo Growth Inc."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:22:38.245308+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Vireo Growth extends credit facility to Jan 2027; converts $10.5M notes into 73M shares

## Summary
- Ninth Amendment extends credit facility maturity to Jan 29, 2027, waives default on NY disposition, extends deadline to July 31, 2025.
- Company issued 12,500,000 subordinate voting shares to lenders as consideration for the amendment.
- Chicago Atlantic voluntarily converted all $10.5M convertible notes (12% rate, $0.145 strike) into ~73M subordinate voting shares.
- Early conversion saves $1.2M in cash interest and $1.1M in PIK interest, totaling $2.3M in interest expense savings.
- Conversion reflects lender confidence in Vireo's operational improvements and positions company for adult-use sales in Minnesota.

## SEC filing metadata
- accession: 0001104659-24-086082
- form_type: 8-K
- ticker: VREOF
- cik: 0001771706
- company_name: Vireo Growth Inc.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1771706/000110465924086082/0001104659-24-086082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1771706/000110465924086082/tm2420901d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-086082
- JSON: https://secwatch.observer/filing/0001104659-24-086082.json
- Plain text: https://secwatch.observer/filing/0001104659-24-086082.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.