Company: LRHC
Filing Date: 2025-12-04
Form Type: DEF 14C
Source: 0001213900-25-118073
Chunk: 15

Company: La Rosa Holdings Corp.
Filing Date: 2025-12-04
Form: DEF 14C
Chunk 15
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 made at a redemption prices of 120% in respect of such principal amount, plus all
accrued and unpaid interest, if any, on such principal amount being redeemed.

As contemplated by the Securities Purchase Agreement, on November 12, 2025, the Company issued a Token Right (the “ Token Right”) to one Investor, pursuant to which such Investor will be entitled to upon exercise of the Token Right and for no further consideration receive an aggregate number of Right Tokens (as defined in the Token Right) equal to the sum of (i) fifty percent (50%) of any and all Tokens (as defined in the Token Right) purchased by the Company using the net proceeds of each Closing and (ii) twenty-five percent (25%) of any and all Tokens purchased by the Company using the net proceeds of any Other Financing (as defined in the Token Right). The Token Right can be exercised at any time beginning on the date that is the sixty (60) days after November 12, 2025 and ending on the ten (10) year anniversary of such date.

On November 12, 2025, the
Company and Mr. La Rosa entered into a redemption agreement (“Redemption Agreement”), pursuant to which, on the Initial
Closing Date the Company will redeem and immediately cancel and return to the status of “blank check” preferred stock of the
Company, a number of Mr. La Rosa’s shares of Series X Preferred Stock such that, immediately after such redemption, he will own
shares of Series X Preferred Stock representing not less than 80% of the total voting power of the Company for a redemption price of $2,000,000
payable on the Initial Closing Date, and $500,000 contingently payable upon the satisfaction by the Company of its SEC filing requirements
under the Exchange Act for four consecutive quarters and certain other requirements set forth therein. Mr. La Rosa’s remaining shares
of Series X Preferred Stock will be redeemed by the Company at a subsequent time, determined by the Board of Directors or otherwise as
set forth in the Redemption Agreement as described below, in each case for no additional consideration. These redemptions of the Series
X Preferred Stock are conditioned upon stockholders’ approval and effectiveness of the Series X Amendment.

The parties also agreed that
in the event that the Company receives any notice from a prospective investor (including the Investors) that such prospective investor
would provide, or commit to provide, equity or debt financing to the Company but for the existence of any then