Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 265

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 265
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 our stock price to fall. 

Effective internal controls are
necessary for us to provide reliable financial results. If we cannot provide reliable financial results, our consolidated financial statements
could be misstated, our reputation may be harmed and the trading price of our common stock could decline. As we discuss in Item 9A of
this Annual Report, our management concluded that our internal controls over financial reporting were effective as of December 31, 2024.
However, our controls over financial processes and reporting may not continue to be effective or we may identify material weaknesses
or significant deficiencies in our internal controls in the future. Any failure to remediate any future material weaknesses or successfully
implement required new or improved controls, could harm our operating results, cause us to fail to meet our reporting obligations or
result in material misstatements in our consolidated financial statements or other public disclosures. Inferior internal controls could
also cause investors to lose confidence in our reported financial information, which could have a negative effect on the trading price
of our common stock.

 50 

Our stock price may be volatile.

The market price of our common
stock is likely to be highly volatile and could fluctuate widely in response to various factors, many of which are beyond our control,
including our ability to execute our business plan; operating results that fall below expectations; industry or regulatory developments;
investor perception of our industry or our prospects; economic and other external factors; and the other risk factors discussed in this
“Risk Factors” section.

In addition, the securities markets
have from time to time experienced significant price and volume fluctuations that are unrelated to the operating performance of particular
companies. These market fluctuations may also materially and adversely affect the market price of our common stock.

We have the right to issue shares of preferred
stock without obtaining stockholder approval. If we were to issue preferred stock, it may have rights, preferences and privileges superior
to those of our common stock.

We are authorized to issue 5,000,000
shares of “blank check” preferred stock, with such rights, preferences and privileges as may be determined from time to time
by our Board of Directors. Our Board of Directors is empowered, without stockholder approval, to issue preferred stock at any time in
one or more series and to fix the dividend rights, dissolution or liquidation preferences, redemption prices, conversion rights, voting
rights and other rights, preferences and privileges for any series of our preferred stock that may be issued. The issuance of shares
of preferred stock