M&A: La Rosa Holdings Corp.

Form Type: 8-K

Filing Date: 2025-01-07

Corporate Action: Acquisition

Type: New

Accession Number: 000121390025001633

Comments: On December 31, 2024, La Rosa Holdings Corp. completed its acquisition of 100% of the membership interests of Baxpi Holdings LLC and La Rosa Realty Beaches LLC, both of which are franchisees of the Company. The total purchase price for the Membership Interests was $1,136,177.34, which included a cash payment of $100,000 and the issuance of 1,193,752 unregistered shares of common stock valued at $0.868 per share. The cash payment will be settled in two equal installments as per the Purchase Agreement. The Selling Member also entered into a lock-up/leak-out agreement preventing the sale of more than one-twelfth of their Purchase Shares per month for one year following the expiration of a six-month holding period under Rule 144 of the Securities Act. This acquisition aligns with the Company's growth strategy and expansion plans in the real estate franchise sector.

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