Company: IWSH
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001214659-25-004885
Chunk: 3

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 3
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 shell company, we may be delayed in executing any mergers or acquiring other assets that would cause us to
cease being a shell company. In addition, under Rule 144 of the Securities Act, a holder of restricted securities of a “shell
company” is not allowed to resell their securities in reliance upon Rule 144. Preclusion from any prospective purchase using
the exemptions from registration afforded by Rule 144 may make it more difficult for us to sell equity securities in the future and
the inability to utilize registration statements on Forms S-8 and S-3 would likely increase our cost to register securities in the future.
Additionally, the loss of the use of Rule 144 and Forms S-3 and S-8 may make investments in our securities less attractive to investors
and may make the offering and sale of our securities to employees, directors and others under compensatory arrangements more expensive
and less attractive to recipients.

Unless we select a particular industry or target
business with which to complete a business combination, you will be unable to ascertain the risks of the industry or business in which
we may ultimately operate.

The Company may develop or acquire a majority
interest or at least a controlling interest (as defined for purposes of the Investment Company Act) in a company (or companies) with principal
business operations in an industry that we believe will provide attractive opportunities for growth. We are not limited to any particular
industry or type of business. Accordingly, there is no current basis for you to evaluate the possible risks of the particular industry
in which we may ultimately operate. Although we will evaluate the risks inherent in a particular target business, we cannot assure you
that all of the significant risks present in that target business will be properly assessed. Even if we properly assess those risks, some
of them may be outside of our control or ability to affect.

Resources will be expended in researching potential
acquisitions that might not be consummated.

The investigation of target businesses and the
negotiation, drafting and execution of relevant agreements, disclosure documents, and other instruments will require substantial management
time and attention in addition to costs for accountants, attorneys and others. If a decision is made not to complete a specific business
combination, the costs incurred up to that point for the proposed transaction likely would not be recoverable. Furthermore, even if an
agreement is reached relating to a specific target business, we may fail to consummate the business combination for any number of reasons
including those beyond our control.

There can be