Company: IWSH
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001214659-25-004885
Chunk: 55

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 55
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 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 no guarantee that we will quickly
identify a potential target business or complete a business combination.

The process to identify potential acquisition
targets, to investigate and evaluate the future business prospects thereof and to negotiate an acceptable purchase agreement with one
or more target companies can be time consuming and costly. The Company may incur operating losses, resulting from payroll, rent and other
overhead and professional fees, while we are searching for a business to develop or acquire.

The Company has no revenue from operations; therefore, our existing
assets may be diminished and ultimately depleted by our corporate overhead and other expenses.

The Company has no revenue from operations and
has been experiencing significant negative cash flow. Expenditures related to corporate overhead and other related items are expensed.
Until such time as we develop or acquire an operating business or businesses that generate revenue, we will continue to deplete our existing
assets.

Risks