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

Reuters

Jul 02

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

La Rosa Holdings Corp. (NASDAQ: LRHC) announced an 80-for-1 reverse stock split effective July 7, 2025, aiming to regain compliance with Nasdaq's minimum bid price requirement and reduce its public float. As a result, the number of outstanding shares will decrease from approximately 58.3 million to about 729,000. The stock will continue trading under the symbol "LRHC" with a new CUSIP number, 50172T202. CEO Joe La Rosa believes this move will attract a broader range of 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 GlobeNewswire (Ref. ID: GNW9488145-en) on July 02, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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(NASDAQ: LRHC) announced an 80-for-1 reverse stock split effective July 7, 2025, aiming to regain compliance with Nasdaq's minimum bid price requirement and reduce its public float. As a result, the number of outstanding shares will decrease from approximately 58.3 million to about 729,000. The stock will continue trading under the symbol \"LRHC\" with a new CUSIP number, 50172T202. CEO Joe La Rosa believes this move will attract a broader range of investors and aid in achieving profitability by the end of 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. 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ID: GNW9488145-en) on July 02, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B3QW5Z07.USD","symbol_name":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250702:nNDLbxDJRz:1","article_id":"2548947508","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548947508","pubTimestamp":1751459419,"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.  announced an 80-for-1 reverse stock split effective July 7, 2025, aiming to regain compliance with Nasdaq's minimum bid price requirement and reduce its public float. 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(NASDAQ: LRHC) announced an 80-for-1 reverse stock split effective July 7, 2025, aiming to regain compliance with Nasdaq's minimum bid price requirement and reduce its public float. As a result, the number of outstanding shares will decrease from approximately 58.3 million to about 729,000. The stock will continue trading under the symbol \"LRHC\" with a new CUSIP number, 50172T202. CEO Joe La Rosa believes this move will attract a broader range of investors and aid in achieving profitability by the end of 2025.\n      \n\nDisclaimer: 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 GlobeNewswire (Ref. ID: GNW9488145-en) on July 02, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}