La Rosa Holdings Corp. (LRHC) has shared an announcement.
La Rosa Holdings Corp. has finalized its purchase of a 1% stake in its franchisee, La Rosa Realty California, using 1,387 of its own unregistered shares valued at $1.74 each as payment. This strategic acquisition, announced in a March 20 press release, also includes a lock-up agreement restricting the selling stockholder from offloading more than 1/12th of the received shares monthly post a six-month holding period, ensuring a gradual integration of the new shares into the market.
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