Corporate ActionJun 10, 2026, 08:36 AM
La Rosa Holdings Issues Remaining Series D Preferred Stock for $250,000
AI Summary
La Rosa Holdings Corp. announced the completion of the issuance of the remaining 250 shares of Series D Convertible Preferred Stock to an institutional investor on June 10, 2026. This transaction, part of a previously announced Securities Purchase Agreement, generated aggregate gross proceeds of $250,000 for the company. The shares were issued pursuant to the exemption from registration requirements under Rule 506(b) of Regulation D.
Key Highlights
- Issued 250 shares of Remaining Series D Preferred Stock to an institutional investor.
- Generated aggregate gross proceeds of $250,000 from this closing.
- Shares were issued at a purchase price of $1,000 per share.
- Transaction completed on June 10, 2026, following the filing of the 2025 Form 10-K.
- Issuance was exempt from registration under Rule 506(b) of Regulation D.
- Completes the Securities Purchase Agreement initially reported in May 2026.
Price Impact
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