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     125  0 Kommentare La Rosa Request for Withdrawal of Registration Statement on Form S-1

    The Company requests this withdrawal as it no longer intends to pursue the public offering at this time and believes it aligns with public interest and investor protection

    Celebration, FL, June 14, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for five agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has filed a Request for Withdrawal of the Registration Statement with the U.S. Securities and Exchange Commission (“SEC”) with respect to the Company’s Registration Statement on Form S-1 that it filed with the SEC originally on June 11, 2024.

    The Registration Statement has not been declared effective by the SEC, and no securities have been sold in connection with the offering described in the Registration Statement.

    Joe La Rosa, CEO of the Company, commented, “We do not believe our current market capitalization accurately reflects the true value of our Company. This decision to withdraw the proposed offering was made after careful consideration and analysis of our current financial standing and market conditions. We aim to reassess our strategy and timing for accessing the public markets to ensure that it aligns with the long-term interests of our shareholders and the sustainable growth of our business. We are confident in our business model and the opportunities ahead.”

    La Rosa is committed to delivering value to its shareholders through its unique, agent-centric approach and integrated technology platforms across its multi-service real estate segments. The Company remains focused on its core business operations and strategic initiatives aimed at enhancing its market position and driving growth. The decision to withdraw the Registration Statement does not affect the Company’s business operations or its strategic objectives.

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Company’s common stock or any securities, and there shall not be any offer, solicitation or sale of securities mentioned in the press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of such any state or jurisdiction.

    About La Rosa Holdings Corp.

    La Rosa Holdings Corp. (Nasdaq: LRHC) is disrupting the real estate industry by offering agents a choice between a revenue share model or an annual fee-based model with 100% agent commissions. Leveraging its proprietary technology platform, La Rosa empowers agents and franchisees to deliver top-tier service to their clients. The Company provides both residential and commercial real estate brokerage services and offers technology-based products and services to its sales agents and franchise agents.

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    La Rosa Request for Withdrawal of Registration Statement on Form S-1 The Company requests this withdrawal as it no longer intends to pursue the public offering at this time and believes it aligns with public interest and investor protectionCelebration, FL, June 14, 2024 (GLOBE NEWSWIRE) - La Rosa Holdings Corp. …

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