Company: LRHC
Filing Date: 2025-06-03
Form Type: CORRESP
Source: 0001213900-25-050887
Chunk: 2

Company: La Rosa Holdings Corp.
Filing Date: 2025-06-03
Form: CORRESP
Chunk 2
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 provision of the Registration
Rights Agreement to register for resale the shares of common stock issuable upon conversion of the Incremental Notes, in the Registration
Statement until such time when the Incremental Notes are issued pursuant to the exercise or call of an Incremental Warrant. The Registration
Statement was revised accordingly to include only Shares of common stock issuable upon conversion of the Initial Note.

Analysis

In an effort to assist registrants in determining
whether an offering by selling stockholders may be characterized as a secondary offering that is eligible to be made on a shelf basis
under Rule 415(a)(1)(i), the Staff issued C&DI 612.09 providing as follows:

612.09. It is important to identify whether a purported secondary offering is really a primary offering, i.e., the selling shareholders are actually underwriters selling on behalf of an issuer. Underwriter status may involve additional disclosure, including an acknowledgment of the seller’s prospectus delivery requirements. In an offering involving Rule 415 or Form S-3, if the offering is deemed to be on behalf of the issuer, the Rule and Form in some cases will be unavailable (e.g., because of the Form S-3 “public float” test for a primary offering, or because Rule 415(a)(1)(i) is available for secondary offerings, but primary offerings must meet the requirements of one of the other subsections of Rule 415). The question of whether an offering styled a secondary one is really on behalf of the issuer is a difficult factual one, not merely a question of who receives the proceeds. Consideration should be given to how long the selling shareholders have held the shares, the circumstances under which they received them, their relationship to the issuer, the amount of shares involved, whether the sellers are in the business of underwriting securities, and finally, whether under all the circumstances it appears that the seller is acting as a conduit for the issuer.

| 1 | Under                                                                                                                                      
 the Notes, alternate conversion rate is equal to the quotient of (x) 120% of the conversion amount divided by (y) the Alternate Conversion 
 Price. For such purpose: (i) “Alternate Conversion Price” means that price which is the lower of (A) 95% of the lowest VWAP                
 (as defined in the Notes) of the common stock during the seven (7) consecutive trading day period ending and including the trading day     
 immediately preceding the delivery or deemed delivery of the applicable conversion notice, and (B) the Floor Price;