La Rosa Holdings announced that on April 18, 2024, it received written notice from the Listing Qualifications Staff of the Nasdaq Stock Market, informing the Company that it has regained compliance with Nasdaq Continue Listing Rules by satisfying Nasdaq’s Equity Standard under Listing Rule 5550(b). Joe La Rosa, CEO of the Company, commented, “We are pleased to announce that the Company has regained compliance with Nasdaq’s continued listing requirements. We believe that this accomplishment underscores our unwavering commitment to corporate governance and generating lasting value for shareholders. In our view, La Rosa stands out in the real estate industry with our distinctive brokerage model, offering agents the choice between a revenue share model or an annual fee-based model with 100% agent commissions. We remain focused on executing our roll-up strategy, acquiring profitable franchisees, solidifying our market position, and delivering sustainable growth for shareholders.”
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