---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-115288"
form_type: "8-K"
ticker: "VREOF"
cik: "0001771706"
company_name: "Vireo Growth Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:42:13.812517+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Vireo Growth secures $10M convertible debt facility with 12% interest, $0.625 conversion

## Summary
- Up to $10M convertible notes; maturity Nov 1, 2027; cash interest 12% paid monthly.
- Conversion price $0.625; convertible at lender's option in whole at any time.
- No warrants; facility from existing senior secured lender and affiliates.
- Proceeds for capex, working capital, general corporate purposes; tied to Minnesota adult-use launch.
- Considered related party transaction under MI 61-101; exempt from formal valuation.

## SEC filing metadata
- accession: 0001104659-24-115288
- form_type: 8-K
- ticker: VREOF
- cik: 0001771706
- company_name: Vireo Growth Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1771706/000110465924115288/0001104659-24-115288-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1771706/000110465924115288/tm2427684d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-115288
- JSON: https://secwatch.observer/filing/0001104659-24-115288.json
- Plain text: https://secwatch.observer/filing/0001104659-24-115288.txt

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