Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 1292

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 3
Chunk 1292
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 promissory note. As part of the transaction,
the Company issued two warrants, the first gives the investor the option to purchase 120,000 shares of the Company’s common stock
with an exercise price of $3.00, exercisable until the five-year anniversary of the closing date. The second warrant gives the investor
the option to purchase 95,000 shares of the Company’s common stock with an exercise price of $2.25. The second warrant will only
become exercisable if the note is not fully paid on or before the maturity date, at which point the warrant is exercisable until the five-year
anniversary of the vesting date. The second warrant will be cancelled and extinguished if the note is fully paid on or before the note
maturity date.

On April 1, 2024, the Company entered into a securities
purchase agreement with an accredited investor for the issuance of a senior secured promissory note. As part of the transaction, the Company
issued two warrants, the first gives the investor the option to purchase 150,000 shares of the Company’s common stock with an exercise
price of $3.00, exercisable until the five-year anniversary of the closing date. The second warrant gives the investor the option to purchase
152,300 shares of the Company’s common stock with an exercise price of $2.25. The second warrant will only become exercisable if
the note is not fully paid on or before the maturity date, at which point the warrant is exercisable until the five-year anniversary of
the vesting date. The second warrant will be cancelled and extinguished if the note is fully paid on or before the note maturity date.

On July 15, 2024, the Company entered into a securities
purchase agreement with an accredited investor for the issuance of a senior secured promissory note. As part of the transaction, the Company
issued two warrants, the first gives the investor the option to purchase 53,700 shares of the Company’s common stock with an exercise
price of $3.00, exercisable until the five-year anniversary of the closing date. The second warrant gives the investor the option to purchase
54,200 shares of the Company’s common stock with an exercise price of $2.25. The second warrant will only become exercisable if
the note is not fully paid on or before the maturity date, at which point the warrant is exercisable until the five-year anniversary of
the vesting date