Company: LRHC
Filing Date: 2025-07-17
Form Type: 424B3
Source: 0001213900-25-065175
Chunk: 32

Company: La Rosa Holdings Corp.
Filing Date: 2025-07-17
Form: 424B3
Chunk 32
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”). On the same date, the Company filed a Certificate of Designation of Rights and Preferences of the Series B Preferred Stock (the “Certificate of Designation”) with the Secretary of State of the State of Nevada. The Initial Note remains outstanding post-Exchange.

On June 26, 2025, the Company and 2025 Investor
signed Amendment No. 1 to the Initial Note to correct an administrative error in the definition of maturity date and alternate conversion
price in the Initial Note.

Notes

Maturity

The Initial Note and Incremental Notes mature on the second anniversary of the issuance date thereof.

Interest

Interest on the Notes commences accruing on the
issuance date thereof at an annual rate of 12% per annum computed on the basis of a 360-day year and the actual number of days elapsed
in each month and is payable in arrears for on the first trading day of each fiscal quarter with the first such date being April 1, 2025.
Interest may be paid in certain limited conditions in shares of common stock and shall otherwise be payable in cash.

Conversion Rights

Subject to the Maximum Percentage (as defined
below) limitations, holders of outstanding Notes are entitled to convert any portion of the outstanding and unpaid Conversion Amount
(as hereinafter defined) thereof into shares of common stock at the Conversion Rate (as hereinafter defined). For such purpose: (i) “Conversion
Amount” means 100% of the sum of the portion of the principal of the Note to be converted, the accrued and unpaid interest thereon,
certain specific accrued and unpaid Late Charges (as defined in the Notes), and any other unpaid amounts pursuant to the Transaction
Documents (as defined in the Notes); (ii) “Conversion Rate” means the amount determined by dividing (x) such Conversion Amount
by (y) the Conversion Price; and (iii) “Conversion Price”, as of any date of determination and subject to adjustment as provided
therein (if any): (A) with respect to the Initial Note, 115% of the Closing Sale Price (as defined in the Notes) of the common stock
on the trading day prior to the Closing Date; and (B) with respect to any Incremental Note, the lower of (x) 115% of Closing Sale Price
on the trading day prior to the relevant funding date of such Incremental Note and (y) the lowest Conversion Price in effect of any then
outstanding Note or Incremental Note.