Company: LRHC
Filing Date: 2025-12-04
Form Type: DEF 14C
Source: 0001213900-25-118073
Chunk: 18

Company: La Rosa Holdings Corp.
Filing Date: 2025-12-04
Form: DEF 14C
Chunk 18
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) the average closing price of the common stock (as reflected 
 on Nasdaq.com) for the five trading days immediately preceding the signing of the binding agreement.                                    |

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2. APPROVAL OF THE SERIES X AMENDMENT

On November 10, 2025, the
Board of Directors, and on November 12, 2025 the Majority Stockholders, approved the Certificate of Amendment to the Company’s Articles
of Incorporation (“Series X Amendment”) in order to provide that the shares of the Series X Preferred Stock of the
Company may be redeemed from time to time and at any time in whole or in part upon such terms and conditions as may be approved by the
Board of Directors and agreed to by the holder(s) thereof. The Form of Series X Amendment is attached hereto as Appendix A
and is subject to non-material technical, administrative or similar changes and modifications by the officers of the Company, in order
to comply with NRS.

The Series X Amendment will
amend and restate Section 3.04F of the Articles of Incorporation to state that the shares of the Series X Preferred Stock may be redeemed
from time to time and at any time in whole or in part upon such terms and conditions as may be approved by the Board of Directors and
agreed to by the holder(s) thereof. The Board of Directors will be authorized to redeem Series X Preferred Stock without having to obtain
the approval of the Company’s stockholders.

The Series X Amendment will
have no effect on the par value of the Common Stock or the Company’s preferred stock.

The purpose of the Series
X Amendment is to provide the holders of shares of Series X Preferred Stock, including Joseph La Rosa, Chief Executive Officer and the
stockholder of the Company holding all issued and outstanding Series X Preferred Stock, a right to redeem their shares of Series X Preferred
Stock from time to time and at any time in whole or in part upon such terms and conditions as may be approved by the Board of Directors
and agreed to by the holder(s) thereof, including a redemption in accordance with the terms of the Redemption Agreement.

Effective Time and Implementation of the Amendment

The effective time for
the Series X Amendment will be the date on which we file the Series X Amendment with the office of the Secretary of State of the
State of Nevada or such later date and time as specified in the Series X Amendment. We currently anticipate that the Series X
Amendment will be