Company: LRHC
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001213900-25-078012
Chunk: 54

Company: La Rosa Holdings Corp.
Filing Date: 2025-08-18
Form: 10-Q
Item: Item 1
Chunk 54
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’s common stock for services rendered.

On July 17, 2025, the Company entered into an
exchange agreement with Joseph La Rosa, its Chief Executive Officer and holder of a common stock purchase warrant to purchase 1,851,852
shares of common stock, at $0.135 per share, issued by the Company to Mr. La Rosa on December 2, 2022. Pursuant to such exchange agreement,
Mr. La Rosa’s warrant was cancelled and in exchange, the Company issued Mr. La Rosa an aggregate of 75,000 shares of common stock.

27

La Rosa Holdings Corp. and Subsidiaries
Notes to the Unaudited Condensed Consolidated Financial Statements

In July 2025, the Company utilized their ATM
and sold a total of 75,000 shares of the Company’s common stock.

On August 11, 2025, the Company issued its directors,
officers, certain employees and consultants an aggregate 143,711 unregistered shares of common stock pursuant to the Second Amended and
Restated La Rosa Holdings 2022 Equity Incentive Plan (“Second Amended 2022 Plan”).

On August 11, 2025, the Company issued 75,000
unregistered shares of common stock to Ross Carmel, as the designee of its legal counsel, Sichenzia Ross Ference Carmel LLP, in exchange
for amounts payable for services rendered to the Company. The shares were issued to Mr. Carmel pursuant to Second Amended 2022 Plan.

Subsequent to June 30, 2025, the Company issued an additional 450 shares
from the vesting of RSU grants as part of the Company’s agent incentive plan.

Reverse Split

On July 2, 2025, the Company filed a Certificate
of Amendment to the Company’s Amended and Restated Articles of Incorporation, as amended (the “Certificate of Amendment”),
with the Secretary of State of Nevada to effect an 1-for-80 reverse stock split of the shares of the Company’s common
stock, par value $0.0001 per share (the “Common Stock”), issued and outstanding, effective as of 12:01 a.m. EST on July 7,
2025, (the “Reverse Stock Split”).

As a result of the Reverse Stock Split, every eighty shares of issued
and outstanding Common Stock were automatically combined into one issued and outstanding share of Common Stock. No fractional