Company: LRHC
Filing Date: 2025-06-03
Form Type: CORRESP
Source: 0001213900-25-050887
Chunk: 3

Company: La Rosa Holdings Corp.
Filing Date: 2025-06-03
Form: CORRESP
Chunk 3
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 and (ii) “Floor        
 Price” means 20% of the Minimum Price (as defined in Nasdaq Rule 5653(d), as amended). All such determinations to be appropriately         
 adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction that proportionately decreases    
 or increases the common stock during such seven trading day period.                                                                        |

<div align='center'>1185 AVENUE OF THE AMERICAS | 31ST FLOOR | NEW YORK, NY | 10036
T (212)
930-9700 | F (212) 930-9725 | WWW.SRFC.LAW

2</div>

Each of the above factors mentioned in the last
sentence of C&DI 612.09 is considered below.

Factor 1: .

Although the safe harbor provided by Rule 144
under the Securities Act of 1933, as amended (the “Securities Act”), indicates that a holding period of six months
is, under certain circumstances, sufficient to evidence investment intent and avoid being characterized as an “underwriter,”
the Commission has recognized that shorter holding periods do not negate investment intent. As described in C&DI Question 139.11,
the Commission regularly permits issuers to register privately issued shares (or in the case of convertible securities, the convertible
security itself) for resale promptly following, or even prior to, the closing of a private placement transaction:

“In a PIPE transaction, a company will be permitted to register the resale of securities prior to their issuance if the company has completed a Section 4(2)-exempt sale of the securities […] to the investor, and the investor is at market risk at the time of filing of the resale registration statement. The investor must be irrevocably bound to purchase a set number of securities for a set purchase price that is not based on market price or a fluctuating ratio, either at the time of effectiveness of the resale registration statement or at any subsequent date. […] There can be no conditions to closing that are within an investor’s control or that an investor can cause not to be satisfied. For example, closing conditions in capital formation transactions relating to the market price of the company’s securities or the investor’s satisfactory completion of its due diligence on the company are unacceptable conditions. The closing of the private placement of the unissued securities must occur within a short time after the effectiveness of the resale registration statement.”

This interpretation indicates that the existence
of registration rights and a short time between the issuance of the