La Rosa Holdings Corp. (NASDAQ: LRHC) filed a Current Report on Form 8-K dated September 28, 2026, announcing the authorization and issuance of Series F Convertible Preferred Stock. The company entered into an Exchange Agreement on September 28, 2026, to exchange outstanding securities for 3,410 newly issued shares of Series F Preferred Stock. The exchanged securities included a $1,500,000 principal amount of a Senior Secured Convertible Promissory Note issued on January 8, 2026, along with all outstanding shares of Series C, Series D, and Series E convertible preferred stock. The Series F Preferred Stock is convertible into common stock and is subject to a stockholder approval requirement, which the company satisfied on September 30, 2026, via written consent.
Separately, on September 30, 2026, the company entered into a Settlement Agreement with a holder of a Token Right. This agreement resulted in the issuance of 500 shares of Series F Preferred Stock to settle outstanding tokens valued at $5,688,263. The agreement includes a provision for the issuance of an additional 5,500 shares of Series F Preferred Stock if specific financial triggers are met, including the issuance of common stock at a price greater than $4.50 per share for aggregate gross proceeds of at least $100,000.
The company also executed an Asset Contribution and Securities Purchase Agreement on September 30, 2026. Under this agreement, a contributor transferred graphics processing units (GPUs) to the company in exchange for 3,000 shares of Series F Preferred Stock. The agreement includes an earnout provision for an additional 4,000 shares of Series F Preferred Stock, contingent upon the company receiving gross rental income from the GPUs equal to or exceeding $350,000. The agreement also caps the issuance of additional shares at a maximum of 25,000 and includes a restriction on the company from engaging in variable rate transactions during a specified period.
In a press release dated October 1, 2026, La Rosa Holdings announced its transition into the artificial intelligence infrastructure sector. The company acquired next-generation NVIDIA B300 GPUs and plans to lease these assets to establish a recurring revenue stream. Concurrent with this shift, the company announced that Chairman Nicholas Adler has been appointed Chief Executive Officer and interim Chief Financial Officer, effective October 1, 2026. The company also stated its intention to evaluate strategic alternatives for its real estate operations, including a potential divestiture of its real estate assets.
