Company: LRHC
Filing Date: 2025-09-19
Form Type: PRE 14C
Source: 0001213900-25-089617
Chunk: 10

Company: La Rosa Holdings Corp.
Filing Date: 2025-09-19
Form: PRE 14C
Chunk 10
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 effect any sales under the
Facility (in excess of the $150 million in shares of Common Stock that were previously approved by the stockholders of the Company) and
the Investor will not have any obligation to purchase Advance Shares under the Facility to the extent that after giving effect to such
purchase and sale the aggregate number of Advance Shares issued under the Facility together with any shares of Common Stock issued in
connection with any other transaction that may be considered part of the same series of transactions, where the number of shares issued
would exceed the number of shares representing 19.99% of the issued and outstanding shares of Common Stock as of the date of the Facility
(the “Exchange Cap”), unless the Company has obtained stockholder approval as required for issuance of Common Stock in excess
of the Exchange Cap, in accordance with the applicable rules of Nasdaq. Accordingly, the Company may not have access to the right to sell
the full Commitment Amount (in excess of the $150 million in shares of Common Stock that were previously approved by the stockholders
of the Company) to the Investor under the Facility until such stockholder approval is obtained.

Conditions to Each Advance under the Facility

The Investor’s obligation to accept Advance
Notices that are delivered by the Company in accordance with the terms of the Amended Facility Agreement and to purchase Advance Shares
under the Facility is subject to the satisfaction, at the applicable Advance Notice Date (as defined therein), of certain conditions,
including (among others): (i) the accuracy in all material respects of the representations and warranties of the Company included in the
Amended Facility Agreement; (ii) the registration statement pursuant to which the Investor is permitted to utilize a prospectus for resale
of the Advance Shares issuable pursuant to such Advance Notice has been declared effective under the Securities Act by the SEC; (iii)
the Company shall have filed with the SEC in a timely manner all reports, notices and other documents required under the Exchange Act
and applicable SEC regulations during the twelve-month period immediately preceding the applicable Condition Satisfaction Date (as defined
therein); (iv ) the Company shall have obtained all permits and qualifications required by any applicable state for the offer and sale
of all the Advance Shares issuable pursuant to such Advance Notice, or shall have the availability of exemptions therefrom, and the sale
and issuance of such Advance Shares shall be legally permitted by all laws and regulations to which the Company is subject; (v) no Material
Outside Event or Material Adverse Effect (each as defined