Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 1218

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 3
Chunk 1218
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 of the Company. The maximum number of shares that are subject to awards under the 2022 Plan is subject to an annual
increase equal to the least of (a) 500,000 shares, (b) a number of shares equal to four percent (4%) of the total number of shares of
all classes of Common Stock of the Company outstanding on the last day of the immediately preceding fiscal year, or (c) such number of
shares determined by the administrator of the plan no later than the last day of the immediately preceding fiscal year.

For more information about our 2022 Plan, see Part
III Item 11 – “Executive Compensation” of this report which is incorporated herein by reference.

Equity Compensation Plan Information

The table below sets forth information as of December
31, 2024.

    Plan Category: 
    Number of securities to be issued upon exercise of outstanding options, warrants and rights:  
    Weighted average exercise price of outstanding options, warrants and rights:  
    Number of securities remaining available for future issuance: 
  
    2022 Equity Incentive Plan: 

    Equity compensation plans approved by security holders 
     4,001,676  
    $1.56  
     7,031,674 
  
    Equity compensation plans not approved by security holders 
     —  
     —  
     — 
  
    Total 
     4,001,676  
    $1.56  
     7,031,674 

41

Item 6. [Reserved]

Not applicable.

Item 7. Management’s Discussion and Analysis
of Financial Condition and Results of Operations

Prospective investors should
read the following discussion and analysis of our financial condition and results of operations together with our financial statements
and the related notes and other financial information included elsewhere in this annual report. Some of the information contained in this
discussion and analysis or set forth elsewhere in this annual report, including information with respect to our plans and strategy for
our business, includes forward-looking statements that involve risks and uncertainties. See “Cautionary Note Regarding Forward-Looking
Statements.” This discussion should be read in conjunction with our audited consolidated financial statements and the notes
thereto included elsewhere in this report. 

Business Overview

We operate primarily in the
United States residential real estate market. Our agent-centric commission model enables our sales agents to obtain higher net commissions
than they would otherwise receive from many of our