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

Company: La Rosa Holdings Corp.
Filing Date: 2025-08-11
Form: S-1
Chunk 11
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in this financing.

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On February 4, 2025, as required by the SPA, stockholders holding a
majority of the voting power of the Company, approved (i) the issuance of the Initial Note, the Incremental Warrants and Incremental Notes,
all Interest Shares and all of the Conversion Shares and Incremental Conversion Shares in excess of 19.99% (without regard to any limitation
on conversion or exercise thereof) of the Company’s issued and outstanding common stock at a price less than the minimum price required
by the Nasdaq in accordance with Nasdaq Listing Rules 5635(b) and 5635(d); (ii) authorization to complete a reverse split of our common
stock; and (iii) authorization to increase the number of authorized shares of our common stock to ensure that the Company has a sufficient
number of authorized shares reserved for issuance to equal at least 200% of the maximum number of shares issuable upon conversion of the
Notes, as determined under the Securities Purchase Agreement. Such approval was effective on March 27, 2025, or 20 days after commencement
of mailing of the definitive information statement regarding this approval to the stockholders of the Company.

On June 18, 2025, with the prior approval by the
Company’s Board of Directors, the Company and the 2025 Investor entered into, and closed the transactions contemplated by, that
certain Amendment and Exchange Agreement (the “Exchange Agreement”) pursuant to which (among other things) the 2025 Investor
surrendered and exchanged all of its Incremental Warrants in exchange for (the “Exchange”) 6,000 shares of the Company’s
Series B Convertible Preferred Stock, par value $0.0001 per share (“Series B Preferred Stock”). On the same date, the Company
filed a Certificate of Designation of Rights and Preferences of the Series B Preferred Stock (the “Certificate of Designation”)
with the Secretary of State of the State of Nevada. The Initial Note remains outstanding post-Exchange.

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.

Pursuant to the terms of the Exchange Agreement, conversion of the
Series B Preferred Stock into shares of common stock of the Company in excess of 19.