M&A
confidence high
sentiment positive
materiality 0.60
La Rosa Holdings Corp. (LRHC): M&A transaction — La Rosa Holdings acquires 51% of franchisee La Rosa Realty Lakeland for $873,902
La Rosa Holdings Corp.
- Purchase price $873,902: $50K cash + 514,939 unregistered common shares valued at $1.60/share.
- Shares subject to one-year lock-up with monthly leak-out after six-month Rule 144 holding period.
- Acquired 51% membership interest in La Rosa Realty Lakeland, a Florida real estate brokerage franchisee.
- Seller Ricky Miller enters employment agreement with company and two-year non-compete in Florida.
- Transaction closed April 18, 2024; shares issued under Section 4(a)(2) exemption.