On April 3, 2026, La Rosa Holdings Corp., a Nevada corporation (the "Company"), La Rosa Realty Orlando LLC, a majority owned subsidiary of the Company (the "LRRO"), Reinaldo Zapata and Viviana Figueroa (collectively, the "Sellers"), entered into a settlement agreement ("Settlement Agreement"). Pursuant to the Settlement Agreement, each of the Sellers sold their 24.5% membership interests (collectively, the "Interests") in LRRO to the Company, and the Company agreed to (i) to forgive the amount of $106,447 allegedly owed by Mr. Zapata to LRRO, (ii) forgive the alleged $152,295 franchise fee obligation under Mr. Zapata's personal guaranty, (iii) pay Ms. Figueroa the amount of $10,000, and (iv) to dismiss without prejudice the case of La Rosa Realty Corp., La Rosa Realty Orlando LLC v. Reinaldo Zapata, Viviana Figueroa, Case No. 2026-CA-001011-O, pending in the Circuit Court of Orange County, Florida. The Settlement Agreement also provides for mutual releases of claims that the parties have or may have against each other.

 

In connection with the Settlement Agreement, on April 3, 2026, Mr. Zapata and Ms. Figueroa signed the assignments of membership interests (collectively, the "Assignments"), pursuant to which they sold, assigned and transferred to the Company all