La rosa holdings corp. strengthens balance sheet by redeeming and extinguishing a large portion of outstanding warrants

Celebration, fl, jan. 28, 2025 (globe newswire) -- la rosa holdings corp. (nasdaq: lrhc) (“la rosa” or the “company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has fully redeemed and extinguished all of its outstanding warrants (the “warrants”) previously issued to an institutional accredited investor (the “holder”). these warrants, which were exercisable for 2,446,634 shares of common stock of the company, have now been terminated in their entirety and are no longer exercisable, in accordance with the terms of the warrant redemption and cancellation agreement (the “redemption agreement”) signed by the parties on january 22, 2025.
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