Company: LRHC
Filing Date: 2025-02-25
Form Type: PRE 14C
Source: 0001213900-25-016765
Chunk: 36

Company: La Rosa Holdings Corp.
Filing Date: 2025-02-25
Form: PRE 14C
Chunk 36
---

changes and modifications by the officers of the Company, in order to comply with NRS.

The Amendment has no effect
on the par value of the Company’s Common Stock.

The purpose of the Share Increase
is to provide the Board of Directors the ability to issue additional shares of Common Stock of the Company to enable the Company to issue
sufficient amount of shares of Common Stock pursuant to the Securities Purchase Agreement described above and certain other material Transaction
Documents (as defined therein), and to complete other transactions which the Board of Directors believe may be accretive to stockholders,
including acquisitions, consulting and employment relationships and fundraisings, provided that the Company does not currently have any
definitive plans to, or definitive agreements (except according to the Transaction Documents) or understandings in place to, issue any
such additional authorized but unissued shares of Common Stock which will be made available as a result of the Share Increase.

The purpose of the Amendment
is to reflect the Share Increase and to restate Sections 3.01 and 3.02 of the current Amended and Restated Articles of Incorporation of
the Company.

As a result of the Share Increase,
there will be two billion hundred and fifty million (2,050,000,000) total authorized shares of capital stock of the Company, consisting
of 2,000,000,000 shares of Common Stock, having a par value of $0.0001 per share, and 50,000,000 shares of preferred stock of the Company.

The Board of Directors will
be authorized to issue the additional shares of Common Stock without having to obtain the approval of the Company’s stockholders.
The issuance of additional shares could result in the dilution of the value of the shares now outstanding, if the terms on which the shares
were issued were less favorable than the contemporaneous market value of the Company’s Common Stock.

The increase in the number
of shares of Common Stock available for issuance is not being done for the purpose of impeding any takeover attempt. Nevertheless, the
power of the Board of Directors to provide for the issuance of shares of Common Stock without stockholder approval has potential utility
as a device to discourage or impede a takeover of the Company. In the event that a non-negotiated takeover were attempted, the private
placement of stock into “friendly” hands, for example, could make the Company unattractive to the party seeking control of
the Company. This would have a detrimental effect on the interests of