Company: LRHC
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112656
Chunk: 289

Company: La Rosa Holdings Corp.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 2
Chunk 289
---
11, 2025.

On June 26, 2025, the Company and 2025 Investor
signed Amendment No. 1 to the Initial Note to correct an administrative error in the definition of maturity date and alternate conversion
price in the Initial Note.

44

Letter
of Intent with MiiX Financial

On
September 12, 2025, the Company announced that it has entered into a non-binding Letter of Intent with MiiX Financial Holdings Trust
(“MiiX’) to jointly implement and distribute MiiX’s proprietary residential financing solutions for all credit levels
across La Rosa’s network of agents and all of its listings. The cooperation is intended to establish a long-term strategic alliance
between the two companies, centered on MiiX’s groundbreaking platform that eliminates traditional credit requirements and provides
accessible homeownership solutions for buyers of all income and credit levels. The platform also introduces advanced real estate monetization
tools capable of enabling same-day property purchasing, trading, settlement, and recordings similar to the speed and efficiency of financial
markets.

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.

Nasdaq
Continued Listing Requirements

On October 10, 2024, the Company received a letter
from the Nasdaq Listing Qualifications Department stating that, for the 30 consecutive business day period between August 28, 2024 through
October 9, 2024, the Company’s common stock had not maintained a minimum closing bid price of $1.00 per share required for continued
listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). On July 21, 2025,
the Company received a letter from Nasdaq confirming that the Nasdaq Listing Qualifications Department has determined that for the 10
consecutive business days, from July 7 through July 18, 2025, the closing bid price of the Company’s common