Company: LRHC
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001213900-25-078012
Chunk: 90

Company: La Rosa Holdings Corp.
Filing Date: 2025-08-18
Form: 10-Q
Item: Item 1
Chunk 90
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, an employee, who
served as our Senior Human Resources and Payroll Specialist from July 10, 2024 to August 19, 2024, filed a civil lawsuit against the
Company in the Circuit Court of Osceola County, Florida. The employee is seeking a jury trial claiming $50,000 in damages and that the
Company terminated her employment in violation of SS 448.102(3). On July 9, 2025, the Company responded to the complaint with their Answer
and Affirmative Defenses, effectively denying all of the plaintiff’s claims. The case remains pending.  

The Company believes that the above claims are
without merit, and it will vigorously defend against such claims. Moreover, these claims, in the aggregate, would not have a material
adverse effect on the Company’s financial condition, business, or results of operations, should the Company’s defense not
be successful in whole or in part. Except as stated herein, there is no other action, suit, proceeding, inquiry or investigation before
or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of our executive
officers, threatened against or affecting our Company or our officers or directors in their capacities as such.

ITEM 1A. RISK FACTORS.

There have been no material changes to the risk
factors previously disclosed in our Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC on April 15, 2025.

44

ITEM 2. UNREGISTERED SALES
OF EQUITY SECURITIES, USE OF PROCEEDS, AND ISSUER PURCHASES OF EQUITY SECURITIES

(a) In addition to the issuances of unregistered
securities described in the Current Reports on Form 8-K filed by the Company with the SEC, in the second quarter of 2025 the Company
issued the following securities which were not registered under the Securities Act. 

In the quarter ended June 30, 2025, the Company
issued 187 restricted stock units to its agents in line with the grants earned through the agent incentive plan and per their agreements
with the Company.

In the quarter ended June 30, 2025, the Company
issued 1,220 unregistered shares of common stock to its agents pursuant to a conversion of restricted stock units held by them into shares
of unregistered shares of