La Rosa Holdings Reports Sale of Series E Preferred Stock for $210,000
$LRHC · La Rosa Holdings Corp.Research Summary
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La Rosa Holdings Reports Sale of Series E Preferred Stock for $210,000
What Happened La Rosa Holdings Corp. announced on August 18, 2026 that it entered into a Securities Purchase Agreement with an institutional investor and issued 210 shares of its Series E Convertible Preferred Stock. The shares were sold at $1,000 per share for aggregate gross proceeds of $210,000. The Company previously filed the Certificate of Designation for the Series E Preferred Stock on July 9, 2026 (reported in Form 8-Ks filed July 10 and amended July 16, 2026).
Key Details
- Transaction date: August 18, 2026.
- Issued securities: 210 shares of Series E Convertible Preferred Stock.
- Price: $1,000 per share; total gross proceeds $210,000.
- Related filings: Certificate of Designation filed July 9, 2026; Securities Purchase Agreement filed as Exhibit 10.1 to the 8-K. The Company also reported the issuance under Item 3.02 (unregistered sale of equity securities).
Why It Matters This filing documents a small capital raise through issuance of convertible preferred stock rather than common shares or debt. The Certificate of Designation (filed July 9, 2026) sets out the Series E rights, preferences and conversion features that determine how these shares could affect common shareholders and company capitalization. Investors should review the Certificate of Designation and the SPA (Exhibit 10.1) to understand conversion terms, voting and liquidation rights, and any potential dilution implications.