Core Viewpoint - La Rosa Holdings Corp. will implement a 1-for-10 reverse stock split effective January 26, 2026, to reduce the number of outstanding shares and maintain compliance with Nasdaq listing requirements [1][2][3]. Group 1: Reverse Stock Split Details - The reverse stock split will convert every 10 shares of common stock into 1 share, reducing the total outstanding shares from approximately 5.35 million to about 535 thousand shares [2]. - The new CUSIP number for the common stock post-split will be 50172T301, and trading will continue under the symbol "LRHC" on a split-adjusted basis [2]. Group 2: Company Background and Business Model - La Rosa Holdings Corp. aims to transform the real estate industry by offering flexible compensation options for agents, including a revenue-sharing model and a fee-based structure with 100% commission [4]. - The company provides both residential and commercial real estate brokerage services, along with technology-driven products and support for agents and franchise partners [5]. - La Rosa operates 25 corporate-owned brokerage offices across several states and has begun expansion into Europe, starting with Spain [6].
La Rosa Holdings Corp. Announces 1-for-10 Reverse Stock Split