La Rosa Holdings Corp. (NASDAQ: LRHC) has resolved a compliance issue with Nasdaq after resolving a delayed quarterly filing, the company said on Sunday.
The Celebration, Florida-based real estate and PropTech firm triggered a non-compliance notice from Nasdaq in late August after failing to file its Form 10-Q for the period ended June 30 by the required deadline. The company filed the report with the U.S. Securities and Exchange Commission on Thursday, prompting Nasdaq staff to review the submission and confirm compliance on Sunday.
The delay violated Nasdaq Listing Rule 5250(c)(1), which requires listed companies to file all periodic financial reports with the SEC in a timely manner. The rule is designed to ensure transparency and investor access to material financial information.
La Rosa Holdings operates 23 corporate-owned brokerage offices across Florida, California, Texas, Georgia, and Puerto Rico, with additional franchised and affiliated locations in the U.S. and Puerto Rico. The company also runs a full-service escrow settlement and title business in Florida and has begun expanding into Spain.
Chief Executive Officer Joe La Rosa stated, 'We are pleased to have quickly resolved this matter and regained compliance with Nasdaq's periodic filing requirements.'
The company’s shares trade under the ticker LRHC on the Nasdaq exchange.
