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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

獨家報道:La Rosa重組債務,推遲付款以規劃擴張和增加營業收入
Benzinga ·  09/26 08:15

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(納斯達克:LRHC)週四宣佈,已與持有人簽訂協議,對2024年2月、4月和7月發行給持有人的三份未償債券進行債務重組。

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.

作爲修正案的一部分,公司同意償還債券下的$200,000給持有者,並且所有債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,公司將每月支付給持有者,首先用於7月份的債券直到全部償還,然後用於4月份的債券直到全部償還,隨後這些款項將用於2月份的債券。

Also Read: EXCLUSIVE: La Rosa To Acquire Real Estate Firm With 950 Plus Agents, Targets 4K Agents And Strong Growth

另請閱讀:獨家消息:La Rosa欲收購房地產公司,擁有950多名經紀,目標爲0.4萬名經紀和強勁增長。

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,三份債券的到期日期延長至2025年8月1日,並且持有人同意除非公司未遵守修正案或發生債券違約事件,否則不會實施任何債券轉換。

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評論道:「這不僅將我們在債券下的債務減少約9.5%,還爲我們提供了靈活性用於業務再投資,專注於擴張,並執行我們的戰略收購計劃。」

"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."

「我們有希望在年底前完成的額外收購,我們計劃主要通過股票資助。我們相信這一策略將使我們能夠擴大市場影響力,同時最小化額外債務。」

"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."

「在接下來的六個月內,我們預計公司將處於一個明顯更強勁的位置,通過有針對性的收購和有機增長,我們的業務收入和利潤將均有所改善。」

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.

我們的目標是在2024年底實現年化營業收入運行率達到10000萬美元,並假設我們所有計劃的收購在2024年底前完成,並在2025年實現盈利,"La Rosa補充道。

Price Action: LRHC stock closed higher by 3.26% at $0.6714 on Wednesday.

股價走勢:LRHC股票週三收漲3.26%,報0.6714美元。

Also Read:

還閱讀:

  • EXCLUSIVE: La Rosa Expands Puerto Rico Footprint With Acquisition Of Twelfth Franchisee, Unveils Multi-Level Revenue Plan
  • 獨家報道:La Rosa通過收購第十二家加盟商擴大了波多黎各領域,並公佈了多層次營業收入計劃
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