Company: LRHC
Filing Date: 2025-06-27
Form Type: S-1/A
Source: 0001213900-25-058528
Chunk: 37

Company: La Rosa Holdings Corp.
Filing Date: 2025-06-27
Form: S-1/A
Chunk 37
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 but not less than all, of the then outstanding shares of Series B Preferred Stock at a price equal
to the greater of (i) the Conversion Amount being redeemed and (ii) the product of (1) the Conversion Rate with respect to the Conversion
Amount being redeemed multiplied by (2) the greatest Closing Sale Price (as defined therein) of the common stock on any trading day during
the period commencing on the date immediately preceding the date of the Company’s notice to the holder(s) of Series B Preferred
Stock of such redemption and ending on the trading day immediately prior to the date the Company makes the entire redemption payment
required to be made under the Certificate of Designation.

Registration Rights Agreement

The Company also entered into a registration
rights agreement with the Selling Stockholder (the “Registration Rights Agreement”) with respect to the resale of the shares
of common stock issuable upon conversion of the Initial Note (the “Conversion Shares”) and Incremental Notes (the “Incremental
Conversion Shares”). The Registration Rights Agreement requires that the Conversion Shares and Incremental Conversion Shares be
registered by the Company under the Securities Act of 1933, as amended, by no later than the 90th calendar day after the Closing Date
(or, if the relevant registration statement is subject to a full review by the SEC, 120th calendar day after the Closing Date).

As we reported on a Form 8-K filed with the SEC
on May 28, 2025, on May 23, 2025, the Company and the Selling Stockholder entered into that certain waiver agreement (the “Waiver”),
dated May 23, 2025, pursuant to which the Selling Stockholder waived a provision of the Registration Rights Agreement to register for
resale the shares of common stock issuable upon conversion of the Incremental Notes, in the registration statement which this prospectus
forms a part, and all related rights to receive any Registration Delay Payments (as defined in the Registration Rights Agreement). The
Company agreed to file subsequent registration statements within thirty (30) calendar days following the issuance of any Incremental
Notes pursuant to the exercise or call of an Incremental Warrant, registering for resale by the Selling Stockholder all shares issuable
upon the conversion of such notes.

Security Agreement

On the Closing Date, the Company and each of its subsidiaries (each, a “Grantor”), and the Selling Stockholder, for itself and as the collateral agent (the “Collateral Agent”) for the benefit