- La Rosa Holdings Corp. (LRHC, Financial) announces an 80-for-1 reverse stock split effective July 7, 2025.
- The split aims to meet Nasdaq’s minimum bid price and potentially attract institutional investors.
- Post-split, the company's outstanding shares will reduce from 58.3 million to approximately 729,000.
La Rosa Holdings Corp. (LRHC), a real estate and PropTech company, has announced an 80-for-1 reverse stock split, effective July 7, 2025. The company's common stock will continue trading on Nasdaq under the symbol "LRHC," with a new CUSIP number 50172T202.
The reverse stock split will reduce the number of outstanding shares from 58.3 million to roughly 729,000 shares. This move is primarily aimed at regaining compliance with Nasdaq's minimum bid price requirement and reducing the public float, with an eye towards attracting institutional and long-term investors.
Management expressed confidence in their agent-driven revenue strategy and projects achieving profitability and positive cash flow by the end of 2025. The company aims to transition from a growth-only mindset to sustainable financial performance, leveraging the recurring nature of their revenue and operational efficiencies from recent system integrations.
La Rosa Holdings operates 26 corporate-owned brokerage offices across multiple locations including Florida, California, and Texas, and is expanding internationally, beginning with Spain. The company's business model includes real estate brokerage, franchising, and technology-driven support for agents and franchisees.
