IPO - La Rosa Holdings Corp.

Form Type: S-1/A

Filing Date: 2025-06-27

Corporate Action: Ipo

Type: Update

Accession Number: 000121390025058528

Filing Summary: La Rosa Holdings Corp. is an emerging growth company operating as a holding company for various real estate services including brokerage, franchising, and management. Founded by successful entrepreneur Joseph La Rosa, the company offers technology-integrated services in real estate. The document outlines the proposed registration of up to 88,059,093 shares of common stock available for resale by JAK OPPORTUNITIES XI LLC. The shares are being registered as part of a private placement transaction involving a senior secured convertible note dated February 4, 2025. This IPO follows a previous public offering concluded on October 12, 2023, with management planning further acquisitions. The company addresses compliance with Nasdaq's minimum bid price requirement, explaining an additional compliance period granted for regaining adherence. Notably, the firm intends to pursue growth through strategic acquisitions and has made adjustments to its agent incentive plan and financing agreements to enable this expansion effectively.

Form Type: S-1

Filing Date: 2025-02-14

Corporate Action: Ipo

Type: New

Accession Number: 000121390025014247

Filing Summary: La Rosa Holdings Corp. filed a registration statement with the SEC for the offer and sale of up to 125,000,000 shares of common stock by JAK OPPORTUNITIES XI LLC. This registration follows La Rosa's recent initial public offering (IPO) on October 12, 2023. The shares being registered include 88,059,094 shares issuable upon conversion of senior secured convertible notes and 36,940,906 shares upon exercise of warrants associated with a private placement transaction completed on February 4, 2025. The prospectus highlights La Rosa's operations in the residential and commercial real estate sectors, its growth strategy through acquisitions, and its agent-centric technology platform designed to enhance realtor productivity and profitability. Notably, La Rosa's founder Joseph La Rosa controls 55.4% of total voting power, and the company qualifies as an emerging growth company under the JOBS Act. The company intends to continue growing through organic means and by acquiring additional franchisees or businesses in 2025. Investors are advised to consider the associated risks outlined in the prospectus before making investment decisions.