DealsSep 16, 2026, 08:36 AM
La Rosa Holdings Sells $200K in Series E Preferred Stock
AI Summary
La Rosa Holdings Corp. has entered into a Securities Purchase Agreement with an institutional investor to issue 200 shares of Series E Convertible Preferred Stock for $1,000 per share, totaling $200,000 in gross proceeds. The agreement also includes an option for the investor to purchase additional shares under certain conditions. The sale was made under the exemption provided by Rule 506(b) of Regulation D.
Key Highlights
- La Rosa Holdings Corp. entered into a Securities Purchase Agreement with an institutional investor.
- The agreement allows for the issuance of 200 shares of Series E Convertible Preferred Stock at $1,000 per share.
- The total initial gross proceeds from the sale amount to $200,000.
- The investor has the option to purchase additional shares of Series E Convertible Preferred Stock at the same price.
- The transaction was conducted under Rule 506(b) of Regulation D, exempting it from registration requirements.
Price Impact
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