La Rosa Holdings shareholders approve preferred stock conversions beyond 19.99% share cap
LRHC•Shareholders holding 96.93% of La Rosa Holdings’ voting power approved resolutions allowing conversions of up to 41,410 Series F preferred shares beyond the 19.99% issuance cap. The conversions could yield approximately 114,153,042 common shares, and the resolutions are expected to take effect November 9, 2026.
1. Share issuance approved
Shareholders holding 96.93% of La Rosa Holdings’ voting power authorized three share-issuance resolutions by written consent on September 30, 2026. The resolutions permit above-cap conversions of 3,410 Series F shares under an Exchange Agreement, up to 6,000 under a Settlement Agreement, and up to 32,000 under a Contribution and Purchase Agreement supporting GPU leasing. Combined conversions could yield approximately 114,153,042 common shares, substantially diluting existing holders; the resolutions are expected to take effect November 9, 2026.
