Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 325

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 325
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31, 2024, our management has identified a material weakness due to lack of segregation of duties and have therefore
concluded that our internal controls over financial reporting are not effective at the reasonable assurance level.

Our independent registered
public accounting firm is not required to formally attest to the effectiveness of our internal control over financial reporting until
our first annual report filed with the SEC where we are an accelerated filer or a large accelerated filer. At such time, our independent
registered public accounting firm may issue a report that is adverse in the event it is not satisfied with the level at which our internal
control over financial reporting is documented, designed or operating. Any failure to maintain effective disclosure controls and internal
control over financial reporting could harm our business, financial condition, and results of operations and could cause a decline in
the trading price of our Common Stock.

34

If securities or industry
analysts do not publish research or publish inaccurate or unfavorable research about our business, our stock price and trading volume
could decline.

The trading market for our
Common Stock depends in part on the research and reports that securities or industry analysts publish about us or our business. As of
the date of this annual report, no analysts cover our stock. If we do not obtain analyst coverage or if one or more of those analysts
downgrade our stock or publish inaccurate or unfavorable research about our business, our stock price would likely decline. If one or
more of these analysts cease coverage of our Company or fail to publish reports on us regularly, demand for our stock could decrease,
which might cause our stock price and trading volume to decline.

We do not expect to
pay dividends in the future, and any return on investment may be limited to the value of our stock.

We currently intend to retain
any future earnings to support the development of our business and do not anticipate paying cash dividends on our Common Stock in the
foreseeable future. Our payment of any future dividends will be at the discretion of our Board of Directors after taking into account
various factors, including, but not limited to, our financial condition, operating results, cash needs, growth plans and the terms of
any credit agreements that we may be a party to at the time. In addition, our ability to pay dividends on our Common Stock may be limited
by Nevada state law or any financial covenants to which we are bound by our debt obligations. Accordingly, investors must rely on sales
of their Common Stock after price appreciation, which may never occur, as