InvestmentJul 16, 2026, 05:26 PM
La Rosa Holdings Raises $250,000 via Series E Preferred Stock Issuance
AI Summary
La Rosa Holdings Corp. amended its previous 8-K filing to provide updated details on a capital raise. The company issued 250 shares of Series E Convertible Preferred Stock to an institutional investor, generating aggregate gross proceeds of $250,000. The Series E Preferred Stock carries no dividends, limited voting rights, and includes conversion rights into common stock at a specified conversion rate.
Key Highlights
- Issued 250 shares of Series E Convertible Preferred Stock.
- Received aggregate gross proceeds of $250,000 from an institutional investor.
- Series E Preferred Stock has no dividends and limited voting rights.
- Holders have conversion rights into common stock.
- Conversion Price is $1.58 per share or an Alternate Conversion Price.
- Certificate of Designation filed with Nevada Secretary of State on July 9, 2026.
Price Impact
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