Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 1886

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 6
Chunk 1886
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 acquired through acquisitions.

For the year ended December
31, 2023, net cash used in investing activities was $0.1 million, which represents the cash consideration paid for the six acquisitions
acquired in the fourth quarter of 2023, less cash acquired. See Note 3, “Business Combinations” of the Notes to the consolidated
financial statements in Part II, Item 8 of this Form 10-K for additional information regarding the acquisitions.

Cash Flows Provided by Financing Activities

For the year ended December 31, 2024, net cash provided by financing
activities was $4.2 million. This was driven by cash flows from debt and equity financing that provided $6.592 million in proceeds. These
proceeds were offset by $2.389 of payments and advances on debt and other financing instruments,

For the year ended December
31, 2023, net cash provided by financing activities was $2.950 million, which included the proceeds of our IPO from which we raised net
proceeds of $4.360 million after deducting underwriter discounts, commissions, and expenses. We incurred payments related to the IPO of
$1.765 million. We also raised $1.523 million attributable to the issuance of the series A convertible preferred stock. A partial use
of the proceeds raised were used to pay down debt, including our line of credit, our notes payable, advances on future receipts, convertible
debt, and amounts due to related party, which totaled $0.991 million, net. We also paid $0.177 million in withholding taxes related to
the vesting of employee restricted stock units upon the IPO.

Off-Balance Sheet Arrangements

On December 31, 2024, we did
not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition,
changes in financial condition, revenue or expenses, results of operations, liquidity, capital expenditures or capital resources. Since
our inception, we have not engaged in any off-balance sheet arrangements, including the use of structured finance, special purpose entities
or variable interest entities. We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future
effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures
or capital resources that is material to stockholders.

50

Material Cash Requirements from Known Contractual
and Other Obl