Transaction Expected to Establish Recurring Revenue Stream Through Long-Term GPU Lease Arrangement

Company to Evaluate Strategic Alternatives for Existing Real Estate Operations to Focus on New Strategy

Chairman Nicholas Adler Appointed Chief Executive Officer to Lead Strategic Transformation

Celebration, FL, Oct. 01, 2026 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ:LRHC) ("La Rosa" or the "Company"), a real estate and PropTech enterprise, today announced a strategic transaction in which it acquired NVIDIA graphics processing units ("GPUs") and its intent to evaluate strategic alternatives with respect to the Company’s real estate operations, including a potential divestiture of its real estate assets, together advancing the Company’s previously announced transition into the artificial intelligence (AI) infrastructure sector.

Under the transaction, the Company acquired latest-generation NVIDIA B300 GPUs, the high-performance processor at the core of modern AI data centers, and leased those assets back under a long-term lease, which is expected to generate recurring, long-term cash flows for the Company. Management believes these GPU assets can serve as a foundational compute layer on which the Company can build its infrastructure footprint.

As part of this broader strategic transition, the Company intends to evaluate strategic alternatives with respect to the Company’s real estate operations, including a potential divestiture of its existing real estate businesses. Management believes monetizing these non-core assets could further accelerate the Company’s transition toward AI infrastructure and better align its capital and resources to support this strategy.

The Company also announced that Nicholas Adler has been appointed Chief Executive Officer and interim Chief Financial Officer, effective October 1, 2026. Mr. Adler has served as Chairman of the Board, Chairman of the Compensation Committee and a member of both the Audit Committee and the Nominating and Corporate Governance Committee of the Company since December 2025. He brings significant real estate development and public company leadership experience aligned with the Company’s AI infrastructure strategy. Joe La Rosa, the Company’s founder and former Chief Executive Officer, has stepped down to lead the Company’s real estate business and will remain a member of the Board of Directors.

The Company intends to continue to advance its strategy and evaluate additional opportunities, including strategic partnerships, investments, and other initiatives intended to expand the Company’s presence within the rapidly evolving AI ecosystem, and may also pursue opportunities in alternative high-growth sectors.

The Company also intends to change its corporate name and Nasdaq ticker and will provide further updates as the Board determines appropriate.