La Rosa Holdings Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q
Rhea-AI Summary
La Rosa Holdings (NASDAQ: LRHC) received a Nasdaq deficiency notice on May 21, 2026 for not timely filing its Q1 2026 Form 10-Q and remaining delinquent on its 2025 Form 10-K. The company has until June 15, 2026 to submit a compliance plan and may receive up to October 12, 2026 to regain compliance. La Rosa intends to file the missing reports and/or submit a plan by June 15, 2026 but notes there is no assurance of timely filings, plan acceptance, or ongoing compliance.
Positive
- Nasdaq allows La Rosa until June 15, 2026 to submit a compliance plan
- Potential Nasdaq extension of up to 180 days, through October 12, 2026
- Company intends to file the 2025 Form 10-K and Q1 2026 Form 10-Q by June 15, 2026
Negative
- Company is non-compliant with Nasdaq Listing Rule 5250(c)(1) due to late SEC filings
- Both the 2025 Form 10-K and Q1 2026 Form 10-Q remain delinquent
- Uncertainty that required reports or compliance plan will be filed by June 15, 2026
- No assurance Nasdaq will grant up to 180-day exception or that continued listing requirements will be met
News Market Reaction – LRHC
In the May 26 session, LRHC gained 0.76%, reflecting a mild positive market reaction. Argus tracked a trough of -7.5% from its starting point during tracking. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 14 | Deal progress update | Neutral | +0.0% | Update on Consensus Core transaction timeline and due diligence status. |
| Apr 29 | New mandate win | Positive | +2.5% | Appointed exclusive U.S. listing agent for ~$20M Costa Rica project. |
| Apr 27 | Revenue restatement | Neutral | -6.4% | Non-cash revenue restatement and updated 2025 guidance with 17% growth. |
| Apr 22 | Nasdaq non-compliance | Negative | -21.1% | Nasdaq notice for late 2025 Form 10-K and need for compliance plan. |
| Apr 17 | AI platform launch | Positive | -8.3% | Launch of My Agent Account 5.0 AI-driven transaction platform. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent history shows sharp declines on Nasdaq compliance and restatement headlines, modest gains on business wins, and mixed reactions to product and AI announcements.
Over the past month, La Rosa has balanced strategic initiatives with financial reporting challenges. It announced a revenue restatement to $58.6 million for 2024 and revised 2025 revenue guidance to $68.6 million, while receiving a Nasdaq non-compliance notice tied to the delayed 2025 Form 10-K. The company also unveiled its My Agent Account 5.0 AI platform and secured an exclusive U.S. listing mandate for a Costa Rica project. Today’s notice extends the compliance narrative, adding a 10-Q delay to existing 10-K timing issues.
Key Terms
nasdaq listing rule 5250(c)(1) regulatory
form 10-q regulatory
form 10-k regulatory
form 12b-25 regulatory
securities and exchange commission regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Celebration, FL, May 22, 2026 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a real estate and PropTech enterprise, today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on May 21, 2026 (the “Notice”). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 (the “Fiscal 2026 First Quarter Form 10-Q”) as described more fully in the Company's Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission (the "SEC") on May 15, 2026, and for remaining delinquent in filing its Annual Report on Form 10-K for the year ended December 31, 2025 (the “Fiscal 2025 Form 10-K”). The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC.
In accordance with the Notice, the Company has until June 15, 2026 to submit a plan to regain compliance (the “Plan”) with the Listing Rule. Following receipt of such plan, Nasdaq may grant an extension of up to 180 calendar days from the Fiscal 2025 Form 10-K’s due date, or until October 12, 2026, for the Company to regain compliance.
The Company intends to take the necessary steps to regain compliance with Nasdaq’s listing rules as soon as practicable and currently expects to file the Fiscal 2026 First Quarter Form 10-Q and the Fiscal 2025 Form 10-K (which would eliminate the need for the Company to submit a formal plan to regain compliance) and/or submit the Plan with Nasdaq by June 15, 2026. However, there can be no assurance that such reports will be filed within such period, the Plan will be submitted within such period, the Staff will grant the Company an exception of up to 180 calendar days from the Fiscal 2025 Form 10-K’s due date, or that the Company will be able meet the continued listing requirements during any compliance period that may be granted by Nasdaq.
About La Rosa Holdings Corp.
La Rosa Holdings Corp. (Nasdaq: LRHC) intends to transform the real estate industry by providing agents with flexible compensation options, including a revenue-sharing model or a fee-based structure with
The Company offers both residential and commercial real estate brokerage services, as well as technology-driven products and support for its agents and franchise partners. Its business model includes internal services for agents and external offerings for the public, spanning real estate brokerage, franchising, education and coaching, and property management.
La Rosa operates 24 corporate-owned brokerage offices across Florida, California, Texas, Georgia, and Puerto Rico. La Rosa also started its expansion into Europe, beginning with Spain. Additionally, the Company has five franchised offices and branches and three affiliated brokerage locations in the U.S. and Puerto Rico. The Company also operates a full-service escrow settlement and title company in Florida.
For more information, please visit: https://www.larosaholdings.com.
Stay connected with La Rosa, sign up for news alerts here: larosaholdings.com/email-alerts.
Forward-Looking Statements
This press release contains forward-looking statements regarding the Company’s current expectations that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to regain compliance with Nasdaq Listing Rules, achieve profitable operations, customer acceptance of new services, the demand for the Company’s services and the Company’s customers' economic condition, the impact of competitive services and pricing, general economic conditions, the successful integration of the Company’s past and future acquired brokerages, the effect of the recent National Association of Realtors' landmark settlement on our business operations, and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission (the "SEC”). You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and other reports and documents that we file from time to time with the SEC. Forward-looking statements contained in this press release are made only as of the date of this press release, and La Rosa does not undertake any responsibility to update any forward-looking statements in this release, except as may be required by applicable law. References and links to websites have been provided as a convenience, and the information contained on such websites has not been incorporated by reference into this press release.
For more information, contact: info@larosaholdings.com
Investor Relations Contact:
Crescendo Communications, LLC
David Waldman/Natalya Rudman
Tel: (212) 671-1020
Email: LRHC@crescendo-ir.com
