La Rosa Holdings extinguishes majority of outstanding warrants

La Rosa Holdings (LRHC) has extinguished a majority portion of its outstanding warrants through the execution of two exchange agreements with warrant holders, including its CEO and Chairman, Joseph La Rosa. The Company also announced that, on July 21, 2025, it received confirmation from The Nasdaq Stock Market that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) by maintaining a minimum closing bid price of its common stock of $1.00 or greater for 10 consecutive trading days. On July 14, 2025, with the approval of its Board of Directors, the Company entered into an exchange agreement with certain holder of Warrants to purchase 1,851,852 shares of the Company’s common stock, at an exercise price of $0.135 per share. Pursuant to the agreement, the Holder surrendered the warrant for cancellation in exchange for 75,000 shares of the Company’s common stock. The Exchange Shares were issued on July 14, 2025, and the Warrants were concurrently cancelled. Subsequently, on July 17, 2025, the Company entered into a similar exchange agreement with Joseph La Rosa, CEO, Chairman, and a significant stockholder of La Rosa. Mr. La Rosa surrendered his Warrants for 1,851,852 shares at $0.135 per share for cancellation in exchange for 75,000 shares of common stock.