Company: LRHC
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001213900-25-078012
Chunk: 129

Company: La Rosa Holdings Corp.
Filing Date: 2025-08-18
Form: 10-Q
Item: Item 2
Chunk 129
---
 Requirement

On October 10, 2024, the Company 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 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 5550(a)(2) (the “Bid Price Rule”). On July 21, 2025, the Company
received a letter from Nasdaq confirming that the Nasdaq Listing Qualifications Department has determined that for the last 10 consecutive
business days, from July 7 through July 18, 2025, the closing bid price of the Company’s common stock has been at $1.00 per share
or greater. Accordingly, the Company has regained compliance with the Bid Price Rule, and this matter is now closed.

31

Nasdaq Notice Regarding Stockholders’
Equity Requirement

On May 30, 2025, the Company received a letter
from Nasdaq indicating that, because the Company’s stockholders’ equity as reported in its Quarterly Report on Form 10-Q for
the period ended March 31, 2025 was $(83,377,044), the Company is no longer in compliance with Nasdaq Listing Rule 5550(b)(1), which requires
companies listed on The Nasdaq Capital Market to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing.

Nasdaq’s letter provided the Company with
45 calendar days, or until July 14, 2025, to submit a plan to regain compliance. On July 14, 2025, the Company submitted to Nasdaq its
plan to regain compliance. If the plan is accepted, the Company can be granted up to 180 calendar days from May 30, 2025 (or until November
26, 2025), to evidence compliance.

Nasdaq Notice Regarding Filing Deficiency

On May 21, 2025, the Company also received a notice
(the “Notice”) from the Nasdaq Listing Qualifications Department (the “Staff”) that the Company is not in compliance
with Nasdaq Listing Rule 5250(c)(1) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter
ended March 31,