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An update from La Rosa Holdings Corp. ( (LRHC) ) is now available.
On January 22, 2025, La Rosa Holdings Corp. entered into a warrant redemption and cancellation agreement with an accredited investor. This agreement involves the payment of $379,082.79 for the redemption and cancellation of warrants exercisable for 2,446,634 shares of the company’s common stock. The agreement, which is set to be completed by February 3, 2025, also includes provisions that nullify the Holder’s exercise rights should the payment not be received by the specified date. Additionally, on the same day, an amendment to a previous waiver was signed, modifying the terms under which proceeds from securities sales are to be allocated towards the repayment of the redemption price and existing notes. This amendment aims to streamline financial obligations and ensure the structured repayment of the company’s debts.
More about La Rosa Holdings Corp.
YTD Price Performance: -38.90%
Average Trading Volume: 3,731,074
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $10.72M
For detailed information about LRHC stock, go to TipRanks’ Stock Analysis page.