Company: LRHC
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001213900-25-078012
Chunk: 128

Company: La Rosa Holdings Corp.
Filing Date: 2025-08-18
Form: 10-Q
Item: Item 2
Chunk 128
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 materially different than the terms of completed acquisitions. We cannot guarantee that the Company will actually enter into any
binding acquisition agreements with any of those companies. If we do, we cannot assure you that the terms of such acquisitions will be
substantially the same or better for the Company than those of completed acquisitions.

Recent Developments

Reverse Stock Split

On July 2, 2025, the Company effected a 1-for-80 reverse
stock split of the common stock, issued and outstanding, effective as of 12:01 a.m. (New York time) on July 7, 2025. On February
4, 2025, the Company’s stockholders holding a majority of the voting power of the Company by a written consent approved the amendment
to the Company’s Amended and Restated Articles of Incorporation, as amended, to effect a reverse stock split of the Company’s
common stock at a ratio in the range of 1-for-20 to 1-for-100, with such ratio to be determined by the Company’s Board of Directors.
Such resolution became effective on March 28, 2025, or twenty (20) days after the Company filed with the SEC and mailed to its stockholders
respective Information Statement on Schedule 14C on or approximately March 7, 2025. Following such stockholders’ approval, the Board
of Directors determined to effect the reverse stock split at a ratio of 1-for-80 (“Reverse Stock Split”). As a result
of the Reverse Stock Split, every eighty (80) shares of issued and outstanding common stock were automatically combined into one (1) issued
and outstanding share of common stock. Unless noted otherwise, all share and the price per share information for all periods presented
in this report have been retroactively adjusted for the Reverse Stock Split.

Increase of the Authorized Stock

On February 4, 2025, our Board of Directors, and
the stockholders holding a majority of the voting power of the Company approved the Certificate of Amendment to the Company’s Amended
and Restated Articles of Incorporation to increase the number of the Company’s authorized shares of common stock to two billion
(2,000,000,000) shares of common stock, and to restate Sections 3.01 and 3.02 thereof to reflect such increase. Such an increase became
effective on June 2, 2025.

Nasdaq Notice Regarding Minimum Bid Price