secwatch.observer — SEC 8-K summary
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Issuer:     La Rosa Holdings Corp. (LRHC)
CIK:        0001879403
Form:       8-K
Filed at:   2024-05-24T23:59:59+00:00
Accession:  0001213900-24-046665
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

La Rosa Holdings sells $761K future receivables for $500K net; acquires 51% of Realty Success
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- Sold $761,250 of future receivables to Cedar Advance LLC for net proceeds of $500,000; weekly ACH debit of $23,000.
- Acquired 51% membership interest in franchisee La Rosa Realty Success LLC for 56,375 shares (valued at $1.22/share) and $10,000 cash.
- Cash advance agreement grants Cedar security interest in all accounts and receivables; default triggers immediate full payment.
- Selling member of Realty Success subject to lock-up: max 1/12 of shares per month for 12 months after 6-month Rule 144 holding period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879403/000121390024046665/0001213900-24-046665-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879403/000121390024046665/ea0206811-8k_larosahold.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-046665

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