Vireo Growth to buy Bridgewell Agribusiness for about US$10.26 million via convertible note

  • Vireo Growth plans to buy Bridgewell Agribusiness, an organic and non-GMO food and agricultural products supplier to manufacturers and processors.
  • Consideration based on a US$ 40 million base price, adjusted for about US$ 30 million of assumed debt; estimated closing price about US$ 10.26 million.
  • Seller to receive an unsecured, subordinated convertible note equal to the closing price.
  • Note to automatically convert on or after the second anniversary into an estimated 16,552,150 subordinate voting shares at a deemed US$ 0.62 per share.
  • Closing could occur at least five business days from the announcement date, subject to definitive agreements and required approvals.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vireo Growth Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605250730PRIMZONEFULLFEED9725876) on May 25, 2026, and is solely responsible for the information contained therein.

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