La Rosa takes full control of Orlando subsidiary
La Rosa Holdings Corp. entered into a Settlement Agreement with the minority owners of La Rosa Realty Orlando LLC (LRRO) on April 3, 2026.
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Form Type
8-K
Rhea-AI Filing Summary
La Rosa Holdings Corp. entered into a Settlement Agreement with the minority owners of La Rosa Realty Orlando LLC (LRRO) on April 3, 2026. Each seller transferred their 24.5% membership interest in LRRO to La Rosa, making LRRO a wholly-owned subsidiary.
In exchange, La Rosa agreed to forgive an alleged $106,447 amount owed by Reinaldo Zapata to LRRO, forgive an alleged $152,295 franchise fee obligation under his personal guaranty, pay $10,000 to Viviana Figueroa, and dismiss without prejudice a pending court case. The parties also granted one another mutual releases of claims.
8-K Event Classification
2 items: 1.01, 9.01
2 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Membership interest per seller: 24.5% membership interest
Alleged amount forgiven to Zapata: $106,447
Alleged franchise fee obligation forgiven: $152,295
+3 more
6 metrics
Membership interest per seller
24.5% membership interest
Each seller’s stake in La Rosa Realty Orlando LLC
Alleged amount forgiven to Zapata
$106,447
Alleged amount owed by Mr. Zapata to LRRO forgiven in settlement
Alleged franchise fee obligation forgiven
$152,295
Alleged franchise fee under Mr. Zapata’s personal guaranty
Cash payment to Figueroa
$10,000
Amount La Rosa agreed to pay Ms. Figueroa
Litigation case number
2026-CA-001011-O
Case dismissed without prejudice under settlement
Settlement date
April 3, 2026
Date of Settlement Agreement and Assignments
Key Terms
Settlement Agreement, mutual releases of claims, dismiss without prejudice, wholly-owned subsidiary, +1 more
5 terms
Settlement Agreement legal
"entered into a settlement agreement (“Settlement Agreement”). Pursuant to the Settlement Agreement"
A settlement agreement is a legally binding deal where two sides resolve a dispute—often a lawsuit—by agreeing on terms such as payments, actions, or changes in behavior instead of continuing the case to trial. For investors it matters because settlements can create immediate costs, limit future liabilities or risks, and change a company's cash flow, reputation, or ongoing obligations much like paying a negotiated bill to avoid a lengthy, uncertain fight.
mutual releases of claims legal
"The Settlement Agreement also provides for mutual releases of claims that the parties have"
dismiss without prejudice legal
"and (iv) to dismiss without prejudice the case of La Rosa Realty Corp."
wholly-owned subsidiary financial
"As a result, LRRO became a wholly-owned subsidiary of the Company."
A wholly-owned subsidiary is a company whose entire ownership is held by another company, called the parent, so the parent controls all shares, board appointments and major decisions. For investors this matters because the subsidiary’s profits, losses, assets and liabilities are treated as part of the parent’s financial picture, affecting valuation and risk exposure — imagine a parent owning a single storefront outright and consolidating its receipts and bills into the parent’s books.
Assignment of Membership Interest legal
"Form of Assignment of Membership Interest of Mr. Zapata, dated as of April 3, 2026."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What agreement did La Rosa Holdings (LRHC) enter on April 3, 2026?
La Rosa Holdings entered a Settlement Agreement with La Rosa Realty Orlando LLC and its two minority owners. The deal settles disputes between the parties and includes membership interest transfers, debt forgiveness, a cash payment, and mutual releases of claims.
How did the settlement affect ownership of La Rosa Realty Orlando LLC?
Under the settlement, each seller transferred a 24.5% membership interest in La Rosa Realty Orlando LLC to La Rosa Holdings. After these assignments, LRRO became a wholly-owned subsidiary of La Rosa Holdings Corp., consolidating full ownership in the parent company.
What financial terms were included in the La Rosa (LRHC) settlement?
La Rosa agreed to forgive an alleged $106,447 amount owed by Reinaldo Zapata, forgive an alleged $152,295 franchise fee obligation under his guaranty, and pay $10,000 to Viviana Figueroa. These actions formed part of the consideration for the membership interests.
What happened to the court case involving La Rosa Realty Orlando LLC?
As part of the settlement, La Rosa agreed to dismiss without prejudice the case La Rosa Realty Corp., La Rosa Realty Orlando LLC v. Reinaldo Zapata, Viviana Figueroa, Case No. 2026-CA-001011-O, in the Circuit Court of Orange County, Florida, resolving that proceeding between the parties.
Did the La Rosa settlement include mutual releases of claims?
Yes. The Settlement Agreement provides for mutual releases of claims among La Rosa Holdings, La Rosa Realty Orlando LLC, and the sellers. Each party releases claims they have or may have against the others, helping to conclude their prior disputes contractually.
Who are the sellers in the La Rosa Realty Orlando LLC transaction?
The sellers are Reinaldo Zapata and Viviana Figueroa. Each sold, assigned, and transferred their 24.5% membership interest in La Rosa Realty Orlando LLC to La Rosa Holdings, pursuant to separate Assignment of Membership Interest agreements dated April 3, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
