Company: LRHC
Filing Date: 2025-06-27
Form Type: S-1/A
Source: 0001213900-25-058528
Chunk: 32

Company: La Rosa Holdings Corp.
Filing Date: 2025-06-27
Form: S-1/A
Chunk 32
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inform the stockholders of the Company of the receipt of the Stockholder Consent by preparing and filing with the SEC an information
statement with respect thereto. The Company has heretofore obtained the Stockholder Consent from the majority stockholders of the Company,
which approves the following matters (collectively, the “Stockholder Approval”): (i) the issuance of the Initial Note, the
Incremental Warrants, the Incremental Notes, and all Conversion Shares and Incremental Conversion Shares (as defined below) in excess
of 19.99% of the Company’s issued and outstanding common stock at a price less than the minimum price required by Nasdaq, in compliance
with the rules and regulations thereof; (ii) authorization to complete a reverse split of the common stock; and (iii) authorization to
increase the authorized common stock of the Company to ensure that the number of authorized shares is sufficient to meet the Required
Reserve Amount (as defined in the SPA). The Stockholder Consent will not become effective until twenty (20) calendar days after such
information statement is first mailed or otherwise delivered to holders of common stock as of the relevant record date.

The SPA contained customary representations and warranties and agreements and obligations of the parties. The proceeds of this financing will be used for business development and general working capital purposes.

As we reported in our Current Report on Form 8-K filed with the SEC on June 20, 2025, on June 18, 2025, with the prior approval by the Company’s Board of Directors, the Company and the Selling Stockholder entered into, and closed the transactions contemplated by, that certain Amendment and Exchange Agreement (the “Exchange Agreement”) pursuant to which (among other things) the Selling Stockholder surrendered and exchanged all of its Incremental Warrants in exchange for (the “Exchange”) 6,000 shares of the Company’s Series B Convertible Preferred Stock, par value $0.0001 per share (“Series B Preferred Stock”). On the same date, the Company filed a Certificate of Designation of Rights and Preferences of the Series B Preferred Stock (the “Certificate of Designation”) with the Secretary of State of the State of Nevada. The Initial Note remains outstanding post-Exchange.

On June 26, 2025, the Company and 2025 Investor
signed Amendment No. 1 to the Initial Note to correct an administrative error in the definition of maturity date and alternate conversion
price in the Initial Note.

Notes

Maturity

The Initial Note