Vireo Growth enters put/call agreement to acquire promissory note worth US$18.1 million
Bitget2026/09/29 20:15- Vireo Growth entered a three-year put/call agreement tied to a promissory note loan issued by BG Ohio SPV.
- Battle Green Holdings can require Vireo to acquire the note via share issuance at US$19.50 per subordinate voting share.
- Vireo can elect to buy the note at US$18.60 per share; principal totals US$18,096,028.
- If neither option is exercised by maturity, Vireo would acquire the note at the trailing 30-day VWAP, subject to CSE minimums.
- Maximum issuance under put or call: 972,905 shares; extra shares possible for interest unless paid in cash.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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