Company: LRHC
Filing Date: 2025-08-11
Form Type: S-1
Source: 0001213900-25-074405
Chunk: 12

Company: La Rosa Holdings Corp.
Filing Date: 2025-08-11
Form: S-1
Chunk 12
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99% of the Company’s outstanding shares of common
stock is conditional upon obtaining the approval of the Company’s stockholders in accordance with the rules and regulations of the
Nasdaq Capital Market. On July 9, 2025, Joseph La Rosa and JLR-JCCLT1 Land Trust, controlled by Mr. La Rosa, approved such conversion
and the terms of the Exchange Agreement in their capacity as stockholders of the Company holding a majority of the voting power of the
Company by written consent in lieu of having a stockholders meeting. On July 11, 2025, the Company filed a preliminary information statement
on Schedule 14C with the SEC notifying stockholders of such written consent. On July 21, 2025, the Company filed a definitive preliminary
statement on Schedule 14C with the SEC and commenced mailing the definitive information statement to stockholders of record as of the
close of business on July 9, 2025. Such stockholders’ approval will become effective on August 11, 2025.

Increase of the Authorized Stock

On February 4, 2025, our Board of Directors, and the stockholders holding
a majority of the voting power of the Company approved the Certificate of Amendment to the Company’s Amended and Restated Articles
of Incorporation to increase the number of the Company’s authorized shares of common stock to two billion (2,000,000,000) shares
of common stock, and to restate Sections 3.01 and 3.02 thereof to reflect such increase. Such an increase became effective on June 2,
2025.

Stock Repurchase Program

On April 23, 2025, the Company’s Board of
Directors approved a new Share Repurchase Program, which authorizes the Company to purchase up to an aggregate of $500,000 of the Company’s
outstanding shares of common stock in the open market in accordance with all applicable securities laws and regulations. Repurchases under
this program may be made at management’s discretion at the time and in the amounts determined by the Chief Executive Officer and
Chief Operating Officer of the Company. The Share Repurchase Program has an expiration date of December 31, 2025.

Change of Auditor

On April 29, 2025, the Company was notified
by Marcum LLP (“Marcum”) that Marcum resigned as the Company’s independent registered accounting firm effective
immediately. On April 29, 2025, the Company