Company: LRHC
Filing Date: 2025-06-03
Form Type: S-1/A
Source: 0001213900-25-050886
Chunk: 35

Company: La Rosa Holdings Corp.
Filing Date: 2025-06-03
Form: S-1/A
Chunk 35
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 defined in the Notes). In addition, the Company may redeem in cash all or any portion of the outstanding Notes. Such redemptions are generally required to be made at a redemption prices of 120% in respect of such principal amount, plus all accrued and unpaid interest, if any, on such principal amount being redeemed.

Incremental Warrants

Each Incremental Warrant is exercisable, at the option of the holder thereof, into Incremental Notes in an original principal amount up to $2,500,000, or up to $40,000,000 in the aggregate, for a period of seven years and six months from the Closing Date. The exercise of eight (8) of the sixteen (16) Incremental Warrants issued to the Selling Stockholder requires the prior written consent of the Company and Selling Stockholder.

Registration Rights Agreement

The Company also entered into a registration rights
agreement with the Selling Stockholder (the “Registration Rights Agreement”) with respect to the resale of the shares of common
stock issuable upon conversion of the Initial Note (the “Conversion Shares”) and Incremental Notes (the “Incremental
Conversion Shares”). The Registration Rights Agreement requires that the Conversion Shares and Incremental Conversion Shares be
registered by the Company under the Securities Act of 1933, as amended, by no later than the 90th calendar day after the Closing Date
(or, if the relevant registration statement is subject to a full review by the SEC, 120th calendar day after the Closing Date).

As we reported on a Form 8-K filed with the
SEC on May 28, 2025, on May 23, 2025, the Company and the Selling Stockholder entered into that certain waiver agreement (the “Waiver”),
dated May 23, 2025, pursuant to which the Selling Stockholder waived a provision of the Registration Rights Agreement to register for
resale the shares of common stock issuable upon conversion of the Incremental Notes, in the registration statement which this prospectus
forms a part, and all related rights to receive any Registration Delay Payments (as defined in the Registration Rights Agreement). The
Company agreed to file subsequent registration statements within thirty (30) calendar days following the issuance of any Incremental
Notes pursuant to the exercise or call of an Incremental Warrant, registering for resale by the Selling Stockholder all shares issuable
upon the conversion of such notes.

Security Agreement

On the Closing Date, the Company and each of its subsidiaries (each