La Rosa Appoints Corporate Finance Executive Lourdes Felix to its Board of Directors
21 Maio 2024 - 9:30AM
La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the
“Company”), a holding company for five agent-centric,
technology-integrated, cloud-based, multi-service real estate
segments, today announced that it has appointed Lourdes Felix to
its Board of Directors. Ms. Felix was also appointed to serve as
the Chairperson of the Audit Committee and as a member of the
Board’s Compensation Committee and Nominating and Corporate
Governance Committee.
Ms. Lourdes Felix is an accomplished
entrepreneur and corporate finance executive with 30 years of
combined experience in capital markets, public accounting and in
the private sector. She currently serves as Chief Executive
Officer, Chief Financial Officer, and a member of the board of
directors of BioCorRx Inc. (OTCQB: BICX), a company focused on
addiction treatment solutions and related disorders, where she has
been since October 2012. Additionally, she is one of the founders
and President of BioCorRx Pharmaceuticals Inc., a majority-owned
subsidiary of BioCorRx Inc.
Prior to joining BioCorRx, her experience was in
the private sector and public accounting. Since January 2023, Ms.
Felix has also been serving as a member of the Board of Directors
of Avalon GloboCare Corp. (Nasdaq: ALBT), as an independent
director and the Chair of the Compensation Committee. Ms. Felix has
expertise in finance, accounting, company-wide operations,
budgeting, and internal control principles including GAAP, SEC, and
Sarbanes-Oxley Act compliance. She has a thorough knowledge of
federal and state regulations and has successfully managed and
produced SEC regulatory filings. She also has extensive experience
in developing and managing financial operations. Ms. Felix holds a
Bachelor of Science in Accounting from the University of
Phoenix.
Joe La Rosa, CEO of the Company, commented, “We
are excited to welcome Lourdes Felix to our Board of Directors. We
believe that her extensive experience in finance and executive
management, combined with her dedication to improving operational
efficiencies, will be invaluable to our company as we continue to
execute on our roll-up strategy focused on acquiring profitable
franchisees and other ancillary services. We believe that her
insights and leadership will help drive our company forward,
particularly in enhancing our financial strategies and operational
processes. Ms. Felix’s proven track record in navigating complex
regulatory environments and her commitment to innovation align
perfectly with our goals, and we expect that her contributions will
be instrumental in achieving our long-term objectives.”
Lourdes Felix added, "I am honored to join La
Rosa's Board of Directors and eagerly anticipate contributing to
the Company's growth and success. I believe that La Rosa is
revolutionizing the real estate industry by providing agents with
the choice of a revenue share model or an annual fee-based model
with 100% agent commissions. I look forward to working with such a
dedicated team to help advance our goal of reaching an annualized
revenue run rate of $100 million by the end of 2024, with
profitability anticipated in 2025."
About La Rosa Holdings Corp.
La Rosa Holdings Corp. (Nasdaq: LRHC) is
disrupting the real estate industry by offering agents a choice
between a revenue share model or an annual fee-based model with
100% agent commissions. Leveraging its proprietary technology
platform, La Rosa empowers agents and franchisees to deliver
top-tier service to their clients. The Company provides both
residential and commercial real estate brokerage services and
offers technology-based products and services to its sales agents
and franchise agents.
La Rosa's business model is structured around
internal services for agents and external services for the public,
including residential and commercial real estate brokerage,
franchising, real estate brokerage education and coaching, and
property management. The Company has 21 La Rosa Realty corporate
real estate brokerage offices and branches located in Florida,
California, Texas, and Georgia. The Company also has 16 La Rosa
Realty franchised real estate brokerage offices and branches and
two affiliated real estate brokerage offices in the United States
and Puerto Rico.
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 achieve profitable operations, our ability
to successfully integrate acquisitions into our business
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, 2023,
and other reports and documents we file from time to time with the
SEC, including our Quarterly Report on Form 10-Q for the fiscal
quarter ended March 31, 2024. 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, LLCDavid Waldman/Natalya RudmanTel: (212)
671-1020Email: LRHC@crescendo-ir.com
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