Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 64

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 64
---
 controls and procedures and internal control over financial reporting, we have expended, and anticipate
that we will continue to expend, significant resources, including accounting-related costs and significant management oversight. Our current
controls and any new controls that we develop may become inadequate because of changes in conditions in our business. In addition, changes
in accounting principles or interpretations could also challenge our internal controls and require that we establish new business processes,
systems and controls to accommodate such changes. We have limited experience with implementing the systems and controls necessary to operate
as a public company, as well as adopting changes in accounting principles or interpretations mandated by the relevant regulatory bodies.
Additionally, if these new systems, controls or standards and the associated process changes do not give rise to the benefits that we
expect or do not operate as intended, it could adversely affect our financial reporting systems and processes, our ability to produce
timely and accurate financial reports, or the effectiveness of internal control over financial reporting. Moreover, our business may be
harmed if we experience problems with any new systems and controls that result in delays in their implementation or increased costs to
correct any post-implementation issues that may arise.

Further, weaknesses in our
disclosure controls and internal control over financial reporting may be discovered in the future. Any failure to develop or maintain
effective controls or any difficulties encountered in their implementation or improvement could harm our business or cause us to fail
to meet our reporting obligations and may result in a restatement of our financial statements for prior periods. Any failure to implement
and maintain effective internal control over financial reporting also could adversely affect the results of periodic management evaluations
and annual independent registered public accounting firm attestation reports regarding the effectiveness of our internal control over
financial reporting that we will eventually be required to include in our periodic reports that will be filed with the SEC. Ineffective
disclosure controls and procedures and internal control over financial reporting could also cause investors to lose confidence in our
reported financial and other information, which would likely have a negative effect on the trading price of our Common Stock. In addition,
if we are unable to continue to meet these requirements, we may not be able to remain listed on Nasdaq.

Section 404 of the Sarbanes-Oxley
Act requires that we include a report from management on the effectiveness of our internal control over financial reporting in our Annual
Reports on Form 10-K and Quarterly Reports on Form 10-Q. Based on evaluation of our Chief Executive Officer and Interim Chief Financial
Officer as of December