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La Rosa Holdings Secures Financing Through Convertible Note Agreement

Story Highlights
  • La Rosa Holdings secured $4,963,750 in funding through a convertible note and warrants.
  • The funds will address debt and corporate needs, with shareholder actions pending for further stock issuance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
La Rosa Holdings Secures Financing Through Convertible Note Agreement

Confident Investing Starts Here:

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.

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