secwatch.observer — SEC 8-K summary
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Issuer:     La Rosa Holdings Corp. (LRHC)
CIK:        0001879403
Form:       8-K
Filed at:   2023-10-19T23:59:59+00:00
Accession:  0001575872-23-001630
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 2.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

La Rosa acquires 2 franchisees (Lake Nona, Kissimmee) for cash+stock; combined 2022 revenue ~$20.6M
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- On Oct 13 & 16, 2023, closed purchases of 51% of Lake Nona and majority of Kissimmee Realty for $50K + 325K shares and $500K + 514K shares, respectively.
- Lake Nona: audited 2022 revenue $9.89M, net income $224K. Kissimmee: audited 2022 revenue $10.8M, positive net income.
- Combined acquisitions expected to double top-line revenue; CEO cites roll-up strategy with more deals in pipeline.
- Sellers subject to 12-month lock-up with monthly leak-out after 6-month Rule 144 holding period.
- Company issued 838,624 unregistered shares under Section 4(a)(2) exemption; no public offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879403/000157587223001630/0001575872-23-001630-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879403/000157587223001630/lrhc-20231013.htm
  HTML page:      https://secwatch.observer/filing/0001575872-23-001630

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