Company: IWSH
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001214659-25-007745
Chunk: 4

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 4
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 presentation. The results for the 2025 interim period are not necessarily indicative
of results to be expected for the entire year.

Description of activities

Wright Investors’
Service Holdings, Inc. (the “Company”) has nominal operations and nominal assets aside from its cash and cash equivalents
and investments in U.S. Treasury Bills and mutual funds, and is therefore considered a shell company, as defined in U.S. securities laws
and regulations. The Company is not engaged in the business of investing, reinvesting, or trading in securities, and it does not hold
itself out as being engaged in those activities.

The Company
intends to evaluate and explore all available strategic options. The Company will continue to work to maximize stockholder value. Such
strategic options may include acquisition of an investment advisory business, acquisition of a financial services business, creating partnerships
or joint ventures for those or other businesses and investing in other businesses that provide attractive opportunities for growth. The
directors will also consider alternatives for distributing some or all of the Company’s cash and cash equivalents and investments
in mutual funds. Until such time as a decision is made as to how the liquid assets of the Company
are so deployed, the Company intends to invest its liquid assets in high-grade, short- term investments (such as cash and cash equivalents
and Investments in U.S. Treasury Bills and mutual funds) consistent with the preservation of principal, maintenance of liquidity and avoidance
of speculation.

The Company
may be classified as an inadvertent investment company if the Company acquires investment securities in excess of 40% of the Company’s
total assets (exclusive of government securities, and cash and certain cash equivalents).
As of March 31, 2025, the Company is not considered an inadvertent investment company.

2.Per share data

Loss per share for the three months ended March
31, 2025 and 2024 is calculated based on 20,620,711 weighted average outstanding shares of common stock. The Company had not dilutive
or potentially dilutive securities during the period presented.

3.Segment Disclosure

The Company's operations are reported within one
reportable segment and constitutes the Company and its wholly-owned subsidiaries, all of which are inactive, which are reported in the
condensed consolidated financial statements. The Company currently has no or nominal operations, no revenues from operations and is considered
a shell company, as defined in the U.S. securities laws and regulations.

The Company's chief operating decision maker (“CODM