Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
La Rosa Holdings Corp. incurred convertible notes of $1,052,631.58 with an accredited investor at 13% maturing Not specified in excerpt.
- Instrument
- convertible notes
- Principal
- $1,052,631.58
- Counterparty
- an accredited investor
- Rate
- 13%
- Maturity
- Not specified in excerpt
- Event
- incurrence
Exact text from the filing
On February 20, 2024, La Rosa Holdings Corp., a Nevada corporation (the “ Company ”), entered into securities purchase agreements (the “ Securities Purchase Agreements ”) with an accredited investor (the “ Investor ”) for the issuance of 13% senior secured promissory note in the aggregate principal amount of $1,052,631.58 (the “ Note ”) convertible into shares of common stock, par value $0.0001 per share (the “ Common Stock ”), of the Company, as well as the issuance of 67,000 shares of Common Stock as a commitment fee and warrants for the purchase of up to 215,000 shares of Common Stock.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
La Rosa Holdings Corp. entered into Securities Purchase Agreements with an accredited investor valued at $1,052,631.58 (effective 2024-02-20).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- an accredited investor
- Value
- $1,052,631.58
- Effective
- 2024-02-20
Exact text from the filing
On February 20, 2024, La Rosa Holdings Corp., a Nevada corporation (the “ Company ”), entered into securities purchase agreements (the “ Securities Purchase Agreements ”) with an accredited investor (the “ Investor ”) for the issuance of 13% senior secured promissory note in the aggregate principal amount of $1,052,631.58
View on SEC.gov