La Rosa Holdings Corp. announced on July 2, 2025, that it will effect an 80-for-1 reverse split of its common stock, becoming effective on July 7, 2025. The company's common stock will continue to trade on Nasdaq under the symbol 'LRHC' on a split-adjusted basis.
This action will reduce the number of outstanding shares of common stock from approximately 58.3 million to approximately 729,000, without giving effect to rounding. Any fractional entitlements will be rounded up to the next highest whole number.
CEO Joe La Rosa stated that the reverse split is intended to help the company regain compliance with Nasdaq’s minimum bid price requirement and reduce its public float. The company believes this could attract a broader range of institutional and long-term investors, supporting its focus on achieving profitability and positive cash flow by the end of 2025.
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