Vireo Growth to Acquire Planet 13 in Stock Merger; 0.015383618 Vireo Share per Planet 13 Share (16.6% VWAP Premium)

Vireo Growth announced a definitive merger agreement to acquire Planet 13, offering 0.015383618 Vireo subordinate voting shares per Planet 13 share.

Key Highlights:

• Merger agreement dated July 26, 2026: Merger Sub to merge into Planet 13, making Planet 13 a direct wholly owned Vireo subsidiary.
• Consideration: 0.015383618 Vireo subordinate voting share per Planet 13 common share, a 16.6% premium to 20-day VWAP (July 24, 2026).
• Transaction adds 36 dispensaries, three active cultivation/production assets, plus up to ~2.3M sq ft expandable capacity in Nevada.
• Subject to customary conditions: Planet 13 stockholder approval, Form S-4 effectiveness, CSE listing approval and applicable regulatory approvals.
• Upon closing Planet 13 shares expected to be delisted from CSE and OTCQX and Planet 13 to cease reporting as applicable.

Original SEC Filing:

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