Company: LRHC
Filing Date: 2025-01-10
Form Type: 8-K
Source: 0001213900-25-002361
Chunk: 0

Company: La Rosa Holdings Corp.
Filing Date: 2025-01-10
Form: 8-K
Item: Item 1.01
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Item 1.01. Entry into
a Material Definitive Agreement.

On January 8, 2025, La
Rosa Holdings Corp., a Nevada corporation (the “ Company”), and an institutional accredited investor (the “ Holder”),
entered into that certain waiver (the “ Waiver”), waiving the Event of Default (as defined in the Notes) under that
certain senior secured promissory note dated February 20, 2024 (the “ First Note”), to that certain senior secured promissory
note dated April 1, 2024 (the “ Second Note”), and to that certain senior secured promissory note dated July 16, 2024
(the “ Third Note”, and collectively with the First Note and Second Note, the “ Notes”), and the First
Warrants (as defined below).

As previously reported
in Current Reports of the Company on Form 8-K filed with the Securities and Exchange Commission (the “ SEC”) on February 26,
2024, April 5, 2024, and July 19, 2024, the Company and the Holder entered into the Notes, pursuant to securities purchase agreements
dated February 20, 2024, April 1, 2024, and July 16, 2024, respectively (the “ Agreements”). Pursuant to each of the
Agreements, the Company issued those certain First Warrants (as defined in each of the Agreements) on or around February 20, April 1,
and July 16, 2024 (collectively, the “ First Warrants”).

Pursuant to the Waiver,
the parties agreed that:

  Holder waives the rights to all default penalties, default interest, and acceleration of any amounts owed                                   
  under the Notes and the First Warrants, as a result of the Company’s failure to cause Baxpi Holdings LLC, a Florida limited liability       
  company, to immediately execute and deliver an additional debtor joinder under the security agreements entered into in connection with      
  the Notes. At the same time, the Holder shall retain all related rights under (i) Sections 1.2(c), 1.6(e) of the Notes, and (ii) Section    
  2(b) of the First Warrants, and (iii) the right to effectuate conversions of the Notes under Section 4 of that certain Global Amendment     
  (the “ Amendment ”) to the Notes entered into by and