La Rosa Holdings Announces 80-for-1 Reverse Stock Split to Meet Nasdaq Requirements

Reuters

07-09

La Rosa Holdings Announces 80-for-1 Reverse Stock Split to Meet Nasdaq Requirements

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LA Rosa Holdings Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-062057), on July 08, 2025, and is solely responsible for the information contained therein.

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LA Rosa Holdings Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-062057), on July 08, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LRHC","symbol_name":"La Rosa Holdings Corp","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250708:nNDL6bmwlp:1","article_id":"2550437578","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2550437578","pubTimestamp":1752005211,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"La Rosa Holdings Corp.  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.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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