La Rosa to sell 51% of Horeb Kissimmee Realty for $561K, waivers from note holders

La Rosa Holdings Corp.

Cash consideration $500,000 plus $61,200 pro rata loan repayment, payable over 12 months from closing.
Transaction involves sale of Company's 51% interest in Horeb Kissimmee Realty LLC to holder of remaining 49%.
Waivers obtained from Feb 2025 and Nov 2025 note holders to avoid defaults/penalties on the sale.
Final terms still being negotiated; no definitive agreement yet.
Sale is subject to customary conditions; no assurance of completion.

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