Company: LRHC
Filing Date: 2025-07-21
Form Type: DEF 14C
Source: 0001213900-25-065863
Chunk: 9

Company: La Rosa Holdings Corp.
Filing Date: 2025-07-21
Form: DEF 14C
Chunk 9
---
gether
with its affiliates) would beneficially own in excess of the Maximum Percentage. Such Maximum Percentage may be raised or lowered to any
other percentage not in excess of 9.99%, at the option of the holder upon 61 days’ prior written notice to the Company.

Subject to certain exceptions outlined in the
Certificate of Designation, including, but not limited to, equity issuances in connection with its equity incentive plan and certain strategic
acquisitions, if the Company sells, enters into an agreement to sell, or grants any option to purchase, or sells, enters into an agreement
to sell, or otherwise disposes of or issues (or announces any offer, sale, grant or any option to purchase or other disposition) any shares
of Common Stock or any other securities that are at any time convertible into, or exercisable or exchangeable for, or otherwise entitle
the holder thereof to receive, Common Stock, at an effective price per share less than the Conversion Price of the Series B Preferred
Stock then in effect, the Conversion Price of the Series B Preferred Stock will be reduced to equal the effective price per share in such
dilutive issuance.

<div align='center'>3</div>

Company Optional Redemption Rights

Under the Certificate of Designation, the Company
has the right to redeem all, but not less than all, of the then outstanding shares of Series B Preferred Stock at a price equal to the
greater of (i) the Conversion Amount being redeemed and (ii) the product of (1) the Conversion Rate with respect to the Conversion Amount
being redeemed multiplied by (2) the greatest Closing Sale Price (as defined therein) of the Common Stock on any trading day during the
period commencing on the date immediately preceding the date of the Company’s notice to the holder(s) of Series B Preferred Stock
of such redemption and ending on the trading day immediately prior to the date the Company makes the entire redemption payment required
to be made under the Certificate of Designation.

Upon issuance of Series B
Convertible Preferred Stock to the Investor, all Incremental Warrants were cancelled.

Nasdaq Listing Requirements and the Necessity of Stockholder Approval

Our Common Stock’s listing
on the Nasdaq Capital Market subjects us to Nasdaq’s Listing Rules. The issuance of the New Conversion Shares triggers the following
Nasdaq Listing Rules (the “20% Rule”) requiring prior stockholder approval to maintain our listing:

| Ø | Nasdaq Listing Rule 5635(b)