Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 3

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 3
---

on the Company’s platform in key markets across Florida, California and Georgia, with plans to expand the offering across the organization.

-In
June 2024, the Company recruited a high-performing group of team leaders in Florida, who closed over 425 transactions and achieved sales
exceeding $100 million in their prior 12 months before joining the Company.

    -
    During the fiscal year ended December 31, 2024, we acquired majority
ownership of the following companies: La Rosa Realty Georgia LLC, La Rosa Realty California, La Rosa Realty Lakeland LLC DBA La Rosa Realty
Prestige, and La Rosa Realty Success LLC, and 100% ownership of La Rosa Realty Winter Garden LLC, BF Prime LLC, Nona Title Agency LLC,
La Rosa Realty Beaches LLC, and Baxpi Holdings. Additionally, we acquired the remaining non-controlling interest portions of Nona Legacy
Powered By La Rosa Realty, Inc. (formerly, La Rosa Realty Lake Nona Inc.) and La Rosa Realty Premier, LLC, making them both 100% owned
entities.

-In December 2024, the Company opened its first office and wholly owned
subsidiary in North Carolina, La Rosa Realty NC LLC.

    -
    In December 2024, the Company announced that it will offer Bitcoin and other cryptocurrencies as a payment option for its network of agents.

We intend to continue growing our business organically and through
acquisition.

It is management’s
intention to acquire additional franchisees and other entities through the remainder of 2025. We continuously search for potential
acquisition targets. Management is in discussions with several franchisees and other entities; however, any future agreements may have terms that are
materially different than the terms of completed acquisitions. We cannot guarantee that the Company will actually enter into any
binding acquisition agreements with any of those companies. If we do, we cannot assure you that the terms of such acquisitions will
be substantially the same or better for the Company than those of completed acquisitions.

2

On October 10, 2024, we received a letter from the Nasdaq Listing Qualifications
Department notifying us that, for the 30 consecutive business day period between August 28, 2024 through October 9, 2024, our common stock
(the “Common Stock”) had not maintained a minimum closing bid price of $1.00 per share required for continued listing on The
Nasdaq Capital Market pursuant to Nasdaq Listing Rule 555