La Rosa Holdings shares surge 49.50% intraday after announcing letter of intent to acquire AI infrastructure provider Consensus Core Technologies.
ByAinvest
Monday, Mar 9, 2026 9:56 am ET1min read
LRHC--
La Rosa Holdings surged 49.50% intraday, with the company announcing a non-binding letter of intent to acquire Consensus Core Technologies, a provider of AI and high-performance computing infrastructure solutions with over 2 gigawatts of potential power capacity across North American strategic locations. The all-stock transaction, announced on March 9, 2026, involves La Rosa issuing new shares to acquire Consensus’ equity, with current shareholders retaining a 3.10% stake in the combined entity. Consensus, a NVIDIA cloud partner, offers vertically integrated AI infrastructure platforms positioned to leverage global AI demand growth, including data center and GPU cloud services.
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