LRHC News

Five companies priced IPOs this week, led by Birkenstock’s (BIRK) $1.5 billion offering. Three small issuers submitted initial filings. Birkenstock priced its IPO just below the midpoint to raise $1.5 billion at an $8.6 billion market cap, making it one of the largest consumer discretionary IPOs of the past two decades. Cornerstone...read more

La Rosa Holdings, a Florida-based residential real estate brokerage franchise, raised $5 million by offering 1.0 million shares at $5.   La Rosa began trading on Tuesday, and finished at $3.50, for a loss of 30%. La Rosa Holdings listed on the Nasdaq under the symbol LRHC. Alexander Capital acted as sole bookrunner on the deal....read more

La Rosa Holdings, a Florida-based residential real estate brokerage franchise, lowered the proposed deal size for its upcoming IPO on Friday. In its latest filing, the company also disclosed financials for the three months ended March 31, 2023. The Celebration, FL-based company now plans to raise $5 million by offering 1 million shares at $5. The company has revised its terms...read more

La Rosa Holdings, a Florida-based residential real estate brokerage franchise, revised the terms for its upcoming IPO on Wednesday. In its latest filing, the company also disclosed financials for the year ended December 31, 2022, and replaced sole bookrunner Maxim Group with Spartan Capital Securities. The Celebration, FL-based company now plans to raise $7 million by offering 1.4...read more