La Rosa Holdings Completes Convertible Note Financing Transaction

Claim 70% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potentialLa Rosa Holdings Corp. ( (LRHC) ) has provided an announcement. On January 8, 2026, La Rosa Holdings Corp. completed the initial closing of a previously announced financing, issuing a senior secured convertible note with a principal amount of $11 million to institutional investors for $9.9 million in gross proceeds, as part of a broader plan to sell up to $250 million of such notes. The note, which carries 10% annual interest, a 24‑month maturity, and a conversion price initially set at $0.8347 per share with a floor of $0.778, is secured by first‑priority liens on assets acquired with the financing and second‑priority liens on other assets, and is subject to investor ownership caps to limit post‑conversion stakes. After transaction costs, the company received $9.635 million in net proceeds, earmarking $7 million to acquire cryptocurrency as a treasury asset, $2 million and an additional $500,000 in a controlled account to redeem portions of its Series X Super Voting Preferred Stock, including 200 shares held by CEO Joseph La Rosa redeemed on the closing date, with the balance reserved for general corporate purposes, working capital, acquisitions, and strategic transactions. The most recent analyst rating on (LRHC) stock is a Hold with a $0.64 price target. To see the full list of analyst forecasts on La Rosa Holdings Corp. stock, see the LRHC Stock Forecast page. Spark’s Take on LRHC Stock According to Spark, TipRanks’ AI Analyst, LRHC is a Neutral. The score is held down primarily by weak financial performance (losses, negative cash flow, and balance-sheet leverage/negative equity risk) and bearish technicals (below major moving averages with negative momentum). Corporate events are a modest offset due to cost-reduction actions and announced financing/strategy initiatives, while valuation remains constrained by losses and no stated dividend yield. To see Spark’s full report on LRHC stock, click here. More about La Rosa Holdings Corp. Average Trading Volume: 270,583 Technical Sentiment Signal: Sell Current Market Cap: $1.17M Learn more about LRHC stock on TipRanks’ Stock Analysis page.