Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 1919

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 6
Chunk 1919
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. (formerly, La Rosa Realty Lake Nona Inc.) (“Lake Nona”), Horeb Kissimmee Realty, LLC (“Kissimmee”),
La Rosa Realty Premier, LLC (“Premier”), and La Rosa Realty Orlando, LLC (“Orlando”), and 100% ownership of the
following franchisees of the Company: La Rosa CW Properties, LLC (“CW Properties”) and La Rosa Realty North Florida LLC (“North
Florida”). All six franchises engage mostly in the residential real estate brokerage services to the public primarily through sales
agents and also provide coaching and support services to agents on a fee basis.

The acquisitions were accounted for using the
acquisition method of accounting, which requires that the assets acquired, and liabilities assumed be recognized at their estimated fair
values as of the acquisition date.

The following table summarizes the purchase consideration
and the purchase price allocation to the estimated fair values of the identifiable assets acquired and liabilities assumed for the eight
acquisitions for the year ended December 31, 2024:

     Winter Garden   Georgia   California   Lakeland   Success   BF Prime   Nona Title   Beaches & Baxpi   Total   Acquired ownership   100%   51%   51%   51%   51%   100%   100%   100%       Acquisition date   2/21/2024    3/7/2024    3/15/2024    4/18/2024    5/25/2024    8/19/2024    8/21/2024    12/31/2024        Common stock issued   268,858    276,178    1,387    514,939    56,375    39,739    461,154    1,227,698    2,846,328                                                   Cash consideration  $—   $—   $—   $50,000   $10,000   $5,890   $174,580   $100,000   $340,470   Equity consideration   352,204    516,453    123,113