La Rosa Holdings Corp. (LRHC) has released an update.
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La Rosa Holdings Corp. successfully completed the acquisition of La Rosa Realty Winter Garden LLC by purchasing all its membership interests for a price of $352,204.25, which was paid through the issuance of 268,858 shares of its common stock. To manage the sale of the newly issued shares, the selling members agreed to a lock-up/leak-out arrangement, limiting their ability to sell the shares to a fraction each month after a six-month holding period. This strategic move was announced in a press release the following day, signaling La Rosa Holdings Corp.’s continued growth in the real estate sector.
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