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La Rosa Holdings Corp. ( (LRHC) ) has issued an announcement.
On February 4, 2025, La Rosa Holdings Corp. entered into a Securities Purchase Agreement with an institutional investor, issuing a Senior Secured Convertible Note and warrants to purchase additional notes, raising $4,963,750. The funds will be used for debt repayment and corporate purposes, with provisions in place to secure stockholder approval for further issuance and potential reverse stock split and increase in authorized shares.
More about La Rosa Holdings Corp.
YTD Price Performance: -51.83%
Average Trading Volume: 937,825
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $8.77M
Learn more about LRHC stock on TipRanks’ Stock Analysis page.