Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 12

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 12
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 residential real estate brokerage business; 

    ●
    La Rosa Realty Texas, LLC is engaged mostly in the residential real estate brokerage business; 

    ●
    La Rosa Realty Georgia, LLC is engaged mostly in the residential real estate brokerage business; 

    ●
    La Rosa Realty California is engaged mostly in the residential real estate brokerage business;

    ●
    La Rosa Realty Lakeland, LLC is engaged mostly in the residential real estate brokerage business;

    ●
    La Rosa Realty Success, LLC is engaged mostly in the residential real estate brokerage business; 

    ●
    BF Prime, LLC is engaged mostly in the residential real estate brokerage business;

    ●
    Nona
    Title Agency, LLC is engaged in providing title services related to real estate transactions;

    ●
    La Rosa Realty Beaches, LLC is engaged mostly in the residential real estate brokerage business;

    ●
    Baxpi Holdings, LLC is engaged mostly in the residential real estate brokerage business; 

    ●
    La Rosa Realty NC, LLC is engaged mostly in the residential real estate brokerage business;

    ●
    LR Luxury, LLC is engaged mostly in the residential real estate brokerage business; and

    ●
    LR Agent Advance, LLC, formed in April 2025 for the purpose of offering a commission advancement program exclusively for La Rosa agents.

7

We are a “controlled
company” as defined under the corporate governance rules of Nasdaq because our Founder, Mr. Joseph La Rosa, as of April 15, 2025,
controls 50.5%  of the total voting power of our Common Stock based on his ownership of Common Stock and the 20,000,000 votes provided
by his Series X Super Voting Preferred Stock, $0.0001 par value per share, (the “Series X Preferred Stock”) that votes with
the Common Stock, with respect to director elections and other matters.

Our Business

We operate primarily in the
United States residential real estate market which totaled $49.7 trillion at the end of 2024 reflecting a year over year gain of $2.5
trillion due to sufficient number of buyers competing over a relatively small number of listings, according to Redfin Corp1.

The Company is the holding
company for its direct, majority owned subsidiaries, and has no other operations. 

Realty was a traditional residential
real estate brokerage firm founded in 2004 by Mr. La Rosa