La Rosa Holdings receives NASDAQ non-compliance notice for late filing
La Rosa Holdings Corp. (NASDAQ: LRHC) received a delinquency notification from Nasdaq on April 16, 2026, due to the company's failure to file its annual report on Form 10-K for the year ended December 31, 2025, according to a company statement.
The notification cited non-compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to file periodic financial reports with the Securities and Exchange Commission on time. The notice does not immediately affect the listing of the company's securities on Nasdaq.
La Rosa must submit a compliance plan to Nasdaq by June 15, 2026. If Nasdaq accepts the plan, the company may receive up to 180 calendar days from the filing's due date, or until October 12, 2026, to regain compliance. Nasdaq will evaluate factors including the likelihood of timely filing, the company's compliance history, reasons for the delay, and overall financial condition.
If Nasdaq rejects the compliance plan, La Rosa can appeal the decision to a Nasdaq Hearings Panel. The company stated it expects to file the annual report within the 60-day period granted by Nasdaq and submit a compliance plan, though it provided no assurance regarding these timelines.
"We are in the final stages of preparing our annual report on Form 10-K and are prioritizing its completion," said Joe La Rosa, chief executive officer. "We intend to file promptly and, upon doing so, expect to return to compliance with Nasdaq Listing Rule 5250(c)(1)."
La Rosa Holdings operates as a real estate and PropTech company with 24 corporate-owned brokerage offices across Florida, California, Texas, Georgia, and Puerto Rico. The company also has five franchised offices and three affiliated brokerage locations in the United States and Puerto Rico.
