La rosa holdings announces debt restructuring; conversion rights halted and principal & interest payments deferred until february 2025

Restructuring benefits financial position and reduces debt under the notes by approximately 9.5% reaffirms target of $100 million annualized revenue exit run rate for 2024, with profitability expected in 2025 celebration, fl, sept. 26, 2024 (globe newswire) -- la rosa holdings corp. (nasdaq: lrhc) (“la rosa” or the “company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has entered into an amendment with its noteholder to restructure debt under three outstanding notes issued to the holder in february, april, and july 2024.
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