La Rosa Holdings Secures $11 Million Financing, Stock Surges Over 40%
DATA AND AI INFRASTRUCTURE
La Rosa Holdings Corp. (LRHC) experienced a stock surge of over 40% following the announcement of an $11 million financing under a $250 million convertible note facility, increasing its total financing capacity to $1.25 billion.
The funds will support the company's transition to AI computing infrastructure and facilitate strategic acquisitions. Despite a 3% revenue increase to $20.2 million in the third quarter, La Rosa reported a widened net loss of $5.5 million compared to the previous year.
Jan 10, 2026, 8:02 AM
