Company: LRHC
Filing Date: 2025-08-20
Form Type: S-1/A
Source: 0001213900-25-078966
Chunk: 70

Company: La Rosa Holdings Corp.
Filing Date: 2025-08-20
Form: S-1/A
Chunk 70
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 Emmis
Capital, an affiliate of Exchange Listing, LLC, entered into the Securities Purchase Agreement and Senior Secured Promissory Note in the
principal amount of $277,778 that we used for our general corporate purposes. In connection with the Securities Purchase Agreement, the
Company also granted to Emmis Capital, among other things, upon the repayment of the loan, a grant of 375 shares of our common stock
and warrants exercisable for 50,000 shares of our common stock that: (i) have a term of 60 months; (ii) have full ratchet anti-dilution
protection provisions; (iii) are exercisable for a number of shares of our common stock equal to the number of shares that would be issued
upon full conversion of the Senior Secured Promissory Note issued to Emmis; and (iv) have an exercise price equal to the lower of: (A)
$5.00 per share, or (B) the price per share of any subsequent offering undertaken by the Company. The loan matured on May 14, 2023.
The Company and Emmis Capital agreed to extend the maturity date of the loan to the earlier of the date when the common stock is listed
on Nasdaq, or July 31, 2023.

On December 2, 2022, the Company and Joseph
La Rosa, the Company’s CEO, entered into the Securities Purchase Agreement and Senior Secured Promissory Note in the principal amount
of $491,530 that we used for our general corporate purposes. In connection with the Securities Purchase Agreement, the Company also granted
to Mr. La Rosa, among other things, upon the repayment of the loan, a grant of 750 shares of our common stock and warrants exercisable
for 50,000 shares of our common stock that: (i) have a term of 60 months; (ii) have full ratchet anti-dilution protection provisions;
(iii) are exercisable for a number of shares of our common stock equal to the number of shares that would be issued upon full conversion
of the Senior Secured Promissory Note issued to Emmis; and (iv) have an exercise price equal to the lower of: (A) $5.00 per share, or
(B) the price per share of any subsequent offering undertaken by the Company.

From February 2023 through August 2023, we
issued 1,523 shares of our Series A Preferred