Company: LRHC
Filing Date: 2025-11-24
Form Type: 8-K/A
Source: 0001213900-25-113796
Chunk: 3

Company: La Rosa Holdings Corp.
Filing Date: 2025-11-24
Form: 8-K/A
Chunk 3
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 any portion of a Note, to the extent that, after giving effect to such conversion, the holder (together with
certain of its affiliates and other related parties) would beneficially own in excess of 4.99% of the shares of Common Stock outstanding
immediately after giving effect to such conversion (the “Beneficial Ownership Limitation”). However, a Note holder,
upon notice to the Company, may increase or decrease the Beneficial Ownership Limitation, provided that the Beneficial Ownership Limitation
in no event exceeds 9.99% of the shares of Common Stock outstanding immediately after giving effect to such conversion. Any increase in
the Beneficial Ownership Limitation will not be effective until the sixty-first (61st) day after such notice is delivered to the Company.

Pursuant to the Purchase
Agreement, on November 12, 2025, the Company issued a Token Right (the “Token Right”) to certain Investors, pursuant
to which the holder will be entitled to receive upon exercise of the Token Right and for no further consideration an aggregate number
of Right Tokens (as defined therein) 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 therein). The Token Right can be exercised at any time beginning
on the date that is the sixty (60) day anniversary of the issuance date of the Token Right and ending on the ten (10) year anniversary
of the issuance date of the Token Right.

At any time during the
Covenant Period (as defined in the Purchase Agreement), the Company will be prohibited from effecting or entering into an agreement to
effect any Subsequent Placement (as defined in the Purchase Agreement) involving a Variable Rate Transaction (as defined in the Purchase
Agreement) without the written consent of the Lead Buyer (as defined in the Purchase Agreement) in its sole discretion. For a period of
time ending the later of (i) the second anniversary of the Purchase Agreement, and (ii) the later of (x) the last Closing Date thereunder
and (y) the date no Notes remain outstanding, the Investors have the right to participate up to 40% of in any financing of the Company
on the same terms as such other investor(s). The