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.
周四，拉罗莎控股公司（纳斯达克股票代码：LRHC）宣布，它已与票据持有人签订了一项修正案，以重组2024年2月、4月和7月向持有人发行的三张未偿还票据下的债务。
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，公司同意向持有人偿还20万美元的票据债务，票据下的所有本金和利息支付已推迟至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.
从2025年2月1日起，公司将按月向持有人支付款项，这笔款项将首先适用于7月份的票据，直到全部偿还为止，然后适用于4月份的票据，直到全部偿还为止，此后此类款项将适用于2月份的票据。
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：拉罗萨将收购拥有950多名代理商的房地产公司，目标是0.4万名代理商并实现强劲增长
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，所有三张票据的到期日均延长至2025年8月1日，持有人同意，除非公司未能遵守修正案或票据出现违约事件，否则不对票据进行任何转换。
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 Holdings首席执行官乔·拉罗萨评论说：“这不仅使我们在票据下的债务减少了约9.5％，而且还为我们提供了对业务进行再投资、专注于扩张和执行战略收购计划的灵活性。”
"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."
“我们希望在今年年底之前完成更多收购，我们计划主要用股票为这些收购提供资金。我们相信这一战略将使我们能够扩大市场足迹，同时最大限度地减少额外债务。”
"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."
“在未来六个月内，我们预计公司的地位将大大增强，通过定向收购和有机增长，我们的收入和利润都有所改善。”
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.
假设我们计划的所有收购均在2024年底之前完成，我们的目标是到2024年底实现1亿美元的年化收入增长率，并在2025年实现盈利，” 拉罗莎补充说。
Price Action: LRHC stock closed higher by 3.26% at $0.6714 on Wednesday.
价格走势：LRHC股价周三收盘上涨3.26％，至0.6714美元。
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另请阅读：
- EXCLUSIVE: La Rosa Expands Puerto Rico Footprint With Acquisition Of Twelfth Franchisee, Unveils Multi-Level Revenue Plan
- 独家：拉罗萨通过收购第十二家加盟商扩大了波多黎各的足迹，公布了多层次收入计划