Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 329

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 329
---
 pursuant to
provisions of Nevada law, the Company has been informed that, in the opinion of the SEC, such indemnification is against public policy
as expressed in that Act and is, therefore, unenforceable.

Anti-takeover provisions
in our amended and restated articles of incorporation and bylaws, as well as provisions in Nevada law, might discourage, delay or prevent
a change of control of our Company or changes in our management and, therefore, depress the trading price of our securities.

Our amended and restated articles
of incorporation, bylaws and Nevada law contain provisions that could have the effect of rendering more difficult or discouraging an acquisition
deemed undesirable by our Board of Directors. Our corporate governance documents include provisions:

    ●
    providing for a single class of directors where each member of the Board shall serve for a one-year term and may be elected to successive terms;

    ●
    authorizing blank check preferred stock, which could be issued with voting, liquidation, dividend and other rights superior to our Common Stock;

    ●
    limiting the liability of, and providing indemnification to, our directors, including provisions that require the Company to advance payment for defending pending or threatened claims;

36

    ●
    limiting the ability of our stockholders to call and bring business before special meetings of stockholders;

    ●
    requiring advance notice of stockholder proposals for business to be conducted at meetings of our stockholders and for nominations of candidates for election to our Board;

    ●
    controlling the procedures for the conduct and scheduling of the Board and stockholder meetings; and,

    ●
    limiting the determination of the number of directors on our Board and the filling of vacancies or newly created seats on the Board to our Board then in office.

These provisions, alone or
together, could delay hostile takeovers and changes in control or changes in our management.

As a Nevada corporation, we
are also subject to provisions of Nevada corporate law, including NRS Section 78.411, et seq., which prohibits a publicly-held
Nevada corporation from engaging in a business combination with an interested stockholder, generally a person who together with its affiliates
owns, or within the last two years has owned, 10% of our voting stock, for a period of three years after the date of the transaction in
which the person became an interested stockholder, unless the business combination is approved in a prescribed manner.

The existence of the foregoing
provisions and anti-take