Company: LRHC
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112656
Chunk: 181

Company: La Rosa Holdings Corp.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 8
Chunk 181
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, and (ii) the term “Consultant” was clarified to include not only a person, including an
advisor, engaged by the Company, its subsidiary or affiliate to render services to the Company or its subsidiary, but also a legal entity
wholly-owned by such person. The Second Amended 2022 Plan replaced the Amended and Restated La Rosa Holdings 2022 Equity Incentive Plan
adopted on November 19, 2024 by the stockholders of the Company, in its entirety. On July 11, 2025, the Company filed a preliminary information
statement on Schedule 14C with the SEC notifying stockholders of such written consent. On July 21, 2025, the Company filed a definitive
preliminary statement on Schedule 14C with the SEC and commenced mailing the definitive information statement to stockholders of record
as of the close of business on July 9, 2025. Such stockholders’ approval and the Second Amended 2022 Plan became effective on August
11, 2025.

27

La
Rosa Holdings Corp. and Subsidiaries
Notes to the Unaudited Condensed Consolidated Financial Statements

Reverse
Split

On July 2, 2025, the Company filed a Certificate
of Amendment to the Company’s Amended and Restated Articles of Incorporation, as amended (the “Articles of Incorporation”),
with the Secretary of State of Nevada to effect an 1-for-80 reverse stock split of the shares of the Company’s common
stock, issued and outstanding, effective as of 12:01 a.m. EST on July 7, 2025, (the “Reverse Stock Split”).

As
a result of the Reverse Stock Split, every eighty shares of issued and outstanding common stock were automatically combined into one
issued and outstanding share of common stock. No fractional shares were issued as a result of the Reverse Stock Split, fractional entitlements
were rounded up to the next whole number. The Reverse Stock Split reduced the number of shares of common stock outstanding from 58,323,795
shares to 729,113 shares. The number of authorized shares of common stock under the Articles of Incorporation remained unchanged
at 2,050,000,000 shares and the par value of the common stock remained $0.0001 per share. The split also brought the Company back into
a “Controlled Company” Status with the CEO owning more than