debt
confidence high
sentiment neutral
materiality 0.50
La Rosa Holdings issues 250 shares of Series E Convertible Preferred at $1,000 each to institutional investor
La Rosa Holdings Corp.
- Issued 250 shares of Series E Convertible Preferred Stock at $1,000 per share, raising $250,000.
- Conversion price set at $1.58 per share, subject to adjustment; alternate conversion price at 90% of lowest VWAP.
- Series E carries no dividends, limited voting rights, and is convertible into common stock subject to 9.99% beneficial ownership cap.
- Company has optional redemption right for all outstanding shares at a price based on highest closing sale price.
- Issuance exempt under Rule 506(b); Certificate of Designation filed with Nevada Secretary of State on July 10, 2026.