La Rosa Holdings Corp. Files 8-K for Material Agreement
Ticker: LRHC · Form: 8-K · Filed: Jan 10, 2025 · CIK: 1879403
| Field | Detail |
|---|---|
| Company | La Rosa Holdings CORP. (LRHC) |
| Form Type | 8-K |
| Filed Date | Jan 10, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, 8-k
TL;DR
La Rosa Holdings Corp. just signed a big deal and took on new financial obligations. Keep an eye on this.
AI Summary
On January 8, 2025, La Rosa Holdings Corp. entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The filing includes financial statements and exhibits.
Why It Matters
This 8-K filing signals a significant new agreement and potential financial commitment for La Rosa Holdings Corp., which could impact its financial obligations and future operations.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement and new financial obligations, which inherently carry risks that need further investigation.
Key Numbers
- 001-41588 — SEC File Number (Identifies the specific filing for La Rosa Holdings Corp.)
- 87-1641189 — IRS Employer Identification No. (Tax identification number for La Rosa Holdings Corp.)
Key Players & Entities
- La Rosa Holdings Corp. (company) — Registrant
- January 8, 2025 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- 1420 Celebration Blvd. (address) — Principal executive offices
- Celebration, Florida (location) — Principal executive offices location
FAQ
What is the nature of the material definitive agreement entered into by La Rosa Holdings Corp. on January 8, 2025?
The filing does not specify the details of the material definitive agreement, only that one was entered into on January 8, 2025.
What are the specific financial obligations created by the new agreement?
The filing states the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but does not provide specific dollar amounts or terms.
What are the key exhibits included with this 8-K filing?
The filing indicates that financial statements and exhibits are included, but the specific contents are not detailed in the provided text.
Where are La Rosa Holdings Corp.'s principal executive offices located?
La Rosa Holdings Corp.'s principal executive offices are located at 1420 Celebration Blvd., 2nd Floor, Celebration, Florida 34747.
What is the SIC code for La Rosa Holdings Corp. and what does it represent?
The SIC code is 6531, which represents Real Estate Agents & Managers (For Others).
Filing Stats: 1,098 words · 4 min read · ~4 pages · Grade level 11.5 · Accepted 2025-01-10 08:00:09
Key Financial Figures
- $0.0001 — nge on which registered Common Stock, $0.0001 par value LRHC The Nasdaq Stock Mar
Filing Documents
- ea0227325-8k_larosa.htm (8-K) — 36KB
- ea022732501ex4-1_larosa.htm (EX-4.1) — 22KB
- 0001213900-25-002361.txt ( ) — 236KB
- lrhc-20250108.xsd (EX-101.SCH) — 3KB
- lrhc-20250108_lab.xml (EX-101.LAB) — 33KB
- lrhc-20250108_pre.xml (EX-101.PRE) — 22KB
- ea0227325-8k_larosa_htm.xml (XML) — 4KB
01. Entry into
Item 1.01. Entry into a Material Definitive Agreement. On January 8, 2025, La Rosa Holdings Corp., a Nevada corporation (the " Company "), and an institutional accredited investor (the " Holder "), entered into that certain waiver (the " Waiver "), waiving the Event of Default (as defined in the Notes) under that certain senior secured promissory note dated February 20, 2024 (the " First Note "), to that certain senior secured promissory note dated April 1, 2024 (the " Second Note "), and to that certain senior secured promissory note dated July 16, 2024 (the " Third Note ", and collectively with the First Note and Second Note, the " Notes "), and the First Warrants (as defined below). As previously reported in Current Reports of the Company on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on February 26, 2024, April 5, 2024, and July 19, 2024, the Company and the Holder entered into the Notes, pursuant to securities purchase agreements dated February 20, 2024, April 1, 2024, and July 16, 2024, respectively (the " Agreements "). Pursuant to each of the Agreements, the Company issued those certain First Warrants (as defined in each of the Agreements) on or around February 20, April 1, and July 16, 2024 (collectively, the " First Warrants "). Pursuant to the Waiver, the parties agreed that: 1. Holder waives the rights to all default penalties, default interest, and acceleration of any amounts owed under the Notes and the First Warrants, as a result of the Company's failure to cause Baxpi Holdings LLC, a Florida limited liability company, to immediately execute and deliver an additional debtor joinder under the security agreements entered into in connection with the Notes. At the same time, the Holder shall retain all related rights under (i) Sections 1.2(c), 1.6(e) of the Notes, and (ii) Section 2(b) of the First Warrants, and (iii) the right to effectuate conversions of the Notes under Section 4 of that certain Global Amendment (the " Am
03. Creation
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information outlined in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.
01. Financial
Item 9.01. Financial (d) Exhibits. Exhibit No. Description 4.1 Form of Waiver to the Notes, dated January 8, 2025. 104 Cover Page Interactive Data File (embedded with the Inline XBRL document). 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 10, 2025 LA ROSA HOLDINGS CORP. By: /s/ Joseph La Rosa Name: Joseph La Rosa Title: Chief Executive Officer 3