Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 2356

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 7A
Chunk 2356
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 securities purchase agreements with the same accredited investor for the issuance of senior secured
promissory notes. As part of these transactions, the Company issued 67,000 shares, 50,000 shares, and 29,800 shares respectively, of the
Company’s common stock as commitment fees. The value of the shares was allocated to the debt discount.

In February 2024, the Company executed a service
agreement with a service provider for efforts to initiate the Company’s brokerage business in Texas. The Company issued 5,000 shares
of the Company’s unregistered, restricted common stock to the service provider, which were issued on February 22, 2024 and valued
at $1.32 per share resulting in $6,589 of stock-based compensation expense.

In September 2023, the Company executed a consulting
agreement with a service provider to supply certain investor relations services post-IPO. The Company extended the agreement in March
2024 and issued 225,000 shares of the Company’s unregistered, restricted common stock, which were issued on March 13, 2024 and valued
at $1.76 per share resulting in $396,000 of stock-based compensation expense.

In May 2024, the Company executed three consulting
agreements with service providers to supply certain investor relations services post-IPO. As part of these agreements, the Company issued
an aggregate of 260,000 shares of the Company’s unregistered, restricted common stock, which were issued on May 17, 2024 and valued
at $1.20 per share resulting in $312,000 of stock-based compensation expense.

F-29

During 2024, $891,064 worth of principal and interest related to the
first and second senior secured promissory notes were paid down through the issuance of 934,230 restricted common stock. Additionally,
$150,000 worth of accounts payable was paid down through the issuance of 230,202 shares of restricted common stock.

During 2024, the Company issued 761,689 shares
of restricted common stock and 509,498 in prefunded warrants in order to raise capital. The pre-funded warrants were exercised by quarter
end. The restricted shares were granted at $0.59 per share and the pre-funded warrants were issued at $0.65 per share.

In September 2024, the Company executed a consulting
agreement to receive certain investor relations services. As part of the agreement, the Company issued