La Rosa Corp. secures $250M convertible note facility; shifts strategy to crypto treasury, AI/data center

La Rosa Holdings Corp.

Entered $250M senior secured convertible note facility; initial $11M tranche at $900 per $1,000 face.
Notes convertible at 120% of floor price $0.79; 10% interest, 24-month maturity; 90% of net proceeds to buy crypto as treasury.
CEO Joseph La Rosa to redeem most Series X Preferred Stock (super voting) for $2M at initial closing, $500K contingent.
Stockholders approved reverse stock split (1:5 to 1:100) and amendment allowing redemption of Series X Preferred.
CEO new employment: $500k base salary, term to Dec 2027; Nick Adler hired as special advisor ($5k/month) for AI/data center pivot.

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Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

La Rosa Holdings Corp.: Amended Articles of Incorporation to authorize reverse stock split at ratios from 1:5 to 1:100, to be effected by Board within one year of stockholder approval.

Change: charter amendment

Exact text from the filing

an amendment to the Articles of Incorporation with respect to one or more reverse stock splits of the issued and outstanding shares of Common Stock, at a ratio of any whole number in the range of one-for-five (1:5) to one-for-one-hundred (1:100) (the “ Reverse Stock Split ”) to be effected by the Board at any time or times within one (1) year from the date of the stockholder’s approval

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

La Rosa Holdings Corp.: Amended Articles of Incorporation to allow redemption of Series X Preferred Stock on terms approved by Board and holder.

Change: charter amendment

Exact text from the filing

the Board approved (i) a Certificate of Amendment (the “ Certificate of Amendment ”) to the Articles of Incorporation to provide that the shares of the Series X Preferred Stock may be redeemed from time to time and at any time in whole or in part upon such terms and conditions as may be approved by the Board and agreed to by the holder(s) thereof

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269 governance changes filed in the last 30 days. Browse all governance changes →

La Rosa Holdings Corp. filing history →

Source: SEC EDGAR

accession 0001213900-25-113796

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