EXCLUSIVE: La Rosa Restructures Debt, Defers Payments To Plan Expansion And Scale Revenue
EXCLUSIVE: La Rosa Restructures Debt, Defers Payments To Plan Expansion And Scale Revenue
On Thursday, La Rosa Holdings Corp (NASDAQ: LRHC) announced that it has entered into an amendment with its noteholder to restructure debt under three outstanding notes issued to the holder in February, April, and July 2024.
La Rosa控股公司（纳斯达克：LRHC）周四宣布，已与持有人签订协议，对2024年2月、4月和7月发行给持有人的三份未偿债券进行债务重组。
As part of the amendment, the Company agreed to repay the holder $200,000 of the debt under the notes, and all principal and interest payments under the notes have been deferred until February 1, 2025.
作为修正案的一部分，公司同意偿还债券下的$200,000给持有者，并且所有债券下的本金和利息支付已延期至2025年2月1日。
Starting February 1, 2025, the Company will pay monthly payments to the holder, which shall be first applied to the July note until it is repaid in the entirety and then to the April note until it is repaid in the entirety, following which such payments shall be applied to the February note.
自2025年2月1日起，公司将每月支付给持有者，首先用于7月份的债券直到全部偿还，然后用于4月份的债券直到全部偿还，随后这些款项将用于2月份的债券。
Also Read: EXCLUSIVE: La Rosa To Acquire Real Estate Firm With 950 Plus Agents, Targets 4K Agents And Strong Growth
另请阅读：独家消息：La Rosa欲收购房地产公司，拥有950多名经纪，目标为0.4万名经纪和强劲增长。
Additionally, maturity dates under all three notes were extended to August 1, 2025, and the holder agreed not to effectuate any conversions of the notes unless the Company fails to comply with the amendment or there is an event of default under the notes.
此外，三份债券的到期日期延长至2025年8月1日，并且持有人同意除非公司未遵守修正案或发生债券违约事件，否则不会实施任何债券转换。
Joe La Rosa, CEO of La Rosa Holdings, commented, "This not only reduces our debt under the notes by approximately 9.5% but also provides us with the flexibility to reinvest in the business, focus on expansion, and execute our strategic acquisition plans."
La Rosa控股公司的CEO Joe La Rosa评论道：“这不仅将我们在债券下的债务减少约9.5%，还为我们提供了灵活性用于业务再投资，专注于扩张，并执行我们的战略收购计划。”
"We have additional acquisitions that we hope to close by the end of the year, which we plan to primarily fund with stock. We believe this strategy will allow us to expand our market footprint while minimizing additional debt."
“我们有希望在年底前完成的额外收购，我们计划主要通过股票资助。我们相信这一策略将使我们能够扩大市场影响力，同时最小化额外债务。”
"Within the next six months, we expect the Company to be in a significantly stronger position, with improvements in both our top and bottom lines through targeted acquisitions and organic growth."
“在接下来的六个月内，我们预计公司将处于一个明显更强劲的位置，通过有针对性的收购和有机增长，我们的业务收入和利润将均有所改善。”
We aim at achieving an annualized revenue run rate of $100 million by the end of 2024 and reaching profitability in 2025, assuming that all of our planned acquisitions are consummated before the end of 2024," La Rosa added.
我们的目标是在2024年底实现年化营业收入运行率达到10000万美元，并假设我们所有计划的收购在2024年底前完成，并在2025年实现盈利，"La Rosa补充道。
Price Action: LRHC stock closed higher by 3.26% at $0.6714 on Wednesday.
股价走势：LRHC股票周三收涨3.26%，报0.6714美元。
Also Read:
还阅读：
- EXCLUSIVE: La Rosa Expands Puerto Rico Footprint With Acquisition Of Twelfth Franchisee, Unveils Multi-Level Revenue Plan
- 独家报道：La Rosa通过收购第十二家加盟商扩大了波多黎各领域，并公布了多层次营业收入计划
