Company: LRHC
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112656
Chunk: 82

Company: La Rosa Holdings Corp.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 1
Chunk 82
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, from July 7 through July 18, 2025, the closing bid price of the Company’s common stock was at $1.00
per share or greater. Accordingly, the Company regained compliance with the Bid Price Rule, and the matter is now closed. 

On May 30, 2025, the Company received a letter
from Nasdaq indicating that, because the Company’s stockholders’ equity as reported in its Quarterly Report on Form 10-Q
for the period ended March 31, 2025 was $(83,377,044), the Company is no longer in compliance with Nasdaq Listing Rule 5550(b)(1), which
requires companies listed on The Nasdaq Capital Market to maintain a minimum of $2,500,000 in stockholders’ equity for continued
listing. On August 21, 2025, the Company received a letter from Nasdaq confirming that the Nasdaq Listing Qualifications Department has
determined that the Company complies with Nasdaq Listing Rule 5550(b)(1) based on the Company’s Form 10-Q for the period ended
June 30, 2025, evidencing stockholders’ equity of $7,595,799, and the matter is now closed.

Second
Amended and Restated 2022 La Rosa Holdings Corp. Equity Incentive Plan 

On
July 9, 2025, our Compensation Committee, our Board of Directors, and the stockholders holding a majority of the voting power of the
Company (by written consent in lieu of a stockholders’ meeting) approved the Second Amended and Restated La Rosa Holdings 2022
Equity Incentive Plan (“Second Amended 2022 Plan”). Pursuant to the Second Amended 2022 Plan (i) the total number of shares
of common stock subject to the plan was revised from 156,250 shares (as adjusted for the 80-for-1 reverse stock split effected by the
Company on July 7, 2025) to 374,961 shares to ensure sufficient shares are available for future grants, and (ii) the term “Consultant”
was clarified to include not only a person, including an advisor, engaged by the Company, its subsidiary or affiliate to render services
to the Company or its subsidiary, but also a legal entity wholly-owned by such person. The Second Amended 2022 Plan will replace the
Amended and Restated La Rosa Holdings 2022 Equity