La Rosa Holdings Corp. (NASDAQ: LRHC) has announced an 80-for-1 reverse stock split to be effective on July 7, 2025. This move aims to regain compliance with Nasdaq's minimum bid price requirement and reduce the public float. Post-split, the company's common stock will continue trading under the symbol "LRHC" with a new CUSIP number, 50172T202. The reverse split will reduce outstanding shares from approximately 58.3 million to about 729,000. CEO Joe La Rosa believes this will attract more institutional investors and aid in achieving profitability by the end of 2025.
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