Company: LRHC
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112656
Chunk: 20

Company: La Rosa Holdings Corp.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 1
Chunk 20
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 to assist with the valuation of intangible assets acquired and certain assumed obligations.

Transaction
costs associated with business combinations are expensed as incurred.

During
the first nine months of 2024, the Company acquired majority ownership of the following franchisees of the Company: La Rosa Realty Georgia
LLC (“Georgia”), La Rosa Realty California (“California”), La Rosa Realty Lakeland LLC (“Lakeland”),
La Rosa Realty Success LLC (“Success”) and 100% ownership of La Rosa Realty Winter Garden LLC (“Winter Garden”),
BF Prime LLC (“BF Prime”) and Nona Title Agency LLC (“Nona Title”). All seven 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
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 seven acquisitions.

     Winter Garden   Georgia   California   Lakeland   Success   BF Prime   Nona Title   Total   Acquired ownership   100%   51%   51%   51%   51%   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        Common stock issued   268,858    276,178    1,387    514,939    56,375    39,739    461,154    1,618,630                                              Cash consideration  $—   $—   $—   $50,000   $10,000   $5,890   $174,580   $240,470   Equity consideration   352,204    516,453    123,113    823,903    68,778    44,111    484,212   $2,412,774   Total purchase price  $352,204   $516,453   $123,