Company: LRHC
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112656
Chunk: 45

Company: La Rosa Holdings Corp.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 1
Chunk 45
---
,476,044.
In the first half of 2025, the warrants were revalued due to equity transactions triggering the ratchet antidilutive protections bringing
the strike price of these warrants down to $0.14 resulting in the number of shares covered by each warrant to increase to 1,851,852,
and a 2025 deemed dividend of $89,031.

At
September 30, 2025, warrants outstanding that have vested and are expected to vest are as follows:

             Weighted                  Average              Weighted   Remaining          Number   Average   Contractual   Aggregate      of   Exercise   Life   Intrinsic      Shares   Price(1)   (in years)   Value(1)           Vested   1,389   $796.75    2.22    —   Expected to vest   —    —    —    —   Total   1,389   $796.75    2.22    —  

25

La
Rosa Holdings Corp. and Subsidiaries
Notes to the Unaudited Condensed Consolidated Financial Statements

Additional
information with respect to warrant activity:

    Weighted 

    Average 

    Number of  
    Exercise 

    Shares  
    Price 
  
    Balance — December 31, 2024 
     3,931,657  
    $0.66 
  
    Granted/Increase to existing warrants 
     1,328,000  
     0.19 
  
    Exercised 
     (1,392,198) 
     0.37 
  
    Expired or forfeited 
     (1,202,244) 
     0.37 
  
    Balance — March 31, 2025 
     2,665,215  
    $0.60 
  
    Granted 
     1,039,878  
     0.14 
  
    Grants pursuant to a ratchet provision 
     —  
     — 
  
    Balance — June 30, 2025 
     3,705,093  
    $0.43 
  
    Granted 
     —