Company: IWSH
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001214659-25-004885
Chunk: 1

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 1
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atives for distributing some or all of the Company’s cash and cash equivalents and investments. Until such time as a decision
is made as to how its liquid assets are so deployed, the Company intends to invest its liquid assets in high-grade, short-term investments
consistent with the preservation of principal, maintenance of liquidity and avoidance of speculation.

See “Risk Factors” “The Company
may be classified as an inadvertent investment company…” and “The Company is a shell company under the federal securities
laws.”

Employees

The Company has 2 full-time employees as of December
31, 2024.

Connecticut Property

The Company has interests in land and certain
flowage rights in undeveloped property (the “properties”) primarily located in Killingly, Connecticut. The properties were
fully impaired as of December 31, 2018.

 2 

 Table of Contents

Item 1A. Risk Factors.

RISK FACTORS

You should carefully consider the following risk factors relating to
our business and the additional information in our other reports that we file with the SEC.

The Company may be classified as an inadvertent investment company
if we acquire investment securities in excess of 40% of our total assets.

The Company is not engaged in the business of
investing, reinvesting, or trading in securities, and we do not hold ourselves out as being engaged in those activities. However, under
the Investment Company Act, a company may fall within the scope of being an “inadvertent investment company” under section
3(a)(1)(C) of such Act if the value of its investment securities (as defined in the Investment Company Act) is more than 40% of its total
assets (exclusive of government securities, and cash and certain cash equivalents).

If the Company was required to register as
an “investment company” under the Investment Company Act, applicable restrictions could make it impractical for the Company
to continue its business as contemplated and could have a material adverse effect on us.

The Investment Company Act and the rules thereunder
contain detailed requirements for the organization and operation of investment companies. If we were required to register under the Investment
Company Act, applicable restrictions and other requirements could have a material adverse effect on us. In the event that we were to be
required to register as an investment company under the Investment Company Act, we would be forced to comply with substantive requirements
under the Act, including:

    ●
    limitations on our ability to borrow;

    ●