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La Rosa Holdings: New Debt, Exec Shifts, and Board Expansion
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La Rosa Holdings: New Debt, Exec Shifts, and Board Expansion

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The latest announcement is out from La Rosa Holdings Corp. ( (LRHC) ).

La Rosa Holdings Corp. has issued a promissory note with an 11.25% interest rate to AFCO, with repayments starting in November 2024. The company’s CFO, Kent Metzroth, resigned and CEO Joseph La Rosa has taken over as interim CFO. Joseph La Rosa’s diverse background includes founding La Rosa Realty and other subsidiaries, and his family has been involved in the company’s operations and transactions. The company also appointed Siamack Alavi, an experienced executive, as a new independent board member, bringing his expertise in business development to the team.

Learn more about LRHC stock on TipRanks’ Stock Analysis page.

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