La Rosa Holdings Corp. announced on April 14, 2025, that it received a 180-day extension from the Nasdaq Stock Market LLC to regain compliance with the $1.00 minimum bid price requirement. The new deadline for compliance is October 6, 2025.
This notification has no immediate effect on the listing of the company’s common stock, which will continue to trade on the Nasdaq Capital Market under the symbol 'LRHC'. Nasdaq's decision was based on the company meeting all other applicable listing requirements.
CEO Joe La Rosa stated that the extension provides necessary time to execute strategic initiatives and position the company for long-term success. La Rosa intends to monitor its stock price and take appropriate actions, including a potential reverse share split if necessary, to cure the deficiency.
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