Company: LRHC
Filing Date: 2025-07-21
Form Type: DEF 14C
Source: 0001213900-25-065863
Chunk: 10

Company: La Rosa Holdings Corp.
Filing Date: 2025-07-21
Form: DEF 14C
Chunk 10
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 mandates stockholder approval for any issuance potentially resulting in a “change of control.” A single or affiliated group            
 acquiring as little as 20% of the Common Stock or voting power, becoming the largest ownership position, may trigger this requirement. |

| Ø | Nasdaq Listing Rule 5635(d) necessitates stockholder approval before any nonpublic offering involving the sale or potential sale of Common Stock (or convertible securities), equal to 20% or more of the pre-issuance Common Stock or voting power, at a price below the last close or the average closing price over the preceding five trading days. |

The potential for the effective
conversion price(s) of the Series B Preferred Stock to adjust, resulting in our Common Stock being issued at a discount, invokes Nasdaq
Listing Rule 5635(d). Assuming full conversion of the Series B Preferred Stock and certain conversion price adjustments under the Certificate
of Designation, such issuances could involve at many times more than 20% of the number of shares of our Common Stock presently outstanding.
This scenario would require prior stockholder approval under Nasdaq Listing Rule 5635(b).

The Majority Stockholders
Consent constitutes the only stockholder approval required under the NRS, Nasdaq’s 20% Rule, our Amended and Restated Articles of
Incorporation and our Bylaws, in order to provide the Stockholder Approval required under the Exchange Agreement.

The Stockholder Approval will
not become effective until the date that is twenty (20) calendar days after this Information Statement is first mailed or otherwise delivered
to holders of our Common Stock as of the Record Date, or until approximately August 11, 2025.

2. APPROVAL OF THE SECOND AMENDED AND RESTATED 2022 LA ROSA HOLDINGS CORP. EQUITY INCENTIVE PLAN

General

On July 9, 2025, our Compensation
Committee, our Board of Directors, and the Majority Stockholders approved the Second Amended and Restated La Rosa Holdings 2022 Equity
Incentive Plan (“Second Amended 2022 Plan”). A copy of the Second Amended 2022 Plan is attached hereto as Appendix A.

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The purpose of adoption of
the Second Amended 2022 Plan is to (i) revise the total number of shares of common stock subject to the plan from 156,250 shares (as adjusted
for the 80-for-1 reverse stock split