Company: LRHC
Filing Date: 2025-02-05
Form Type: 8-K
Source: 0001213900-25-010286
Chunk: 4

Company: La Rosa Holdings Corp.
Filing Date: 2025-02-05
Form: 8-K
Item: Item 1.01
Chunk 4
---
 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 Investor requires the prior written consent of the Company and Investor.

Registration Rights
Agreement

The Company also entered
into a registration rights agreement with the Investor 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”). 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 the earlier of the (i) 90th calendar day after the Closing Date (or, if
such Registration Statement is subject to a full review by the Securities and Exchange Commission), 120th calendar day).

The foregoing description
of the Registration Rights Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of
the Registration Rights Agreement, a copy of which is filed as Exhibit 10.4 to this Form 8-K and is incorporated herein by reference.

Security Agreement

On the Closing Date,
the Company and each of its subsidiaries (each, a “ Grantor”), and the Investor, for itself and as the collateral agent (the
“ Collateral Agent”) for the benefit of the holders of Obligations (as defined in the Security Agreement), entered into a Security
and Pledge Agreement (the “ Security Agreement”) with respect to the Notes.

Pursuant to the Security
Agreement, each Grantor granted to the Collateral Agent, for the benefit of the Secured Parties (as defined in the Security Agreement),
a security interest in such Grantor’s right, title and interest in and to each type of property described in the Security Agreement,
or in which or to which such Grantor has any rights, whether