Company: IWSH
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001214659-25-004885
Chunk: 173

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 3
Chunk 173
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 director
to the corporation or its stockholders for monetary damages for breach of fiduciary duty as a director, provided that such provision may
not eliminate or limit the liability of a director (i) for any breach of the director's duty of loyalty to the corporation or its
stockholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law,
(iii) under section 174 of Title 8 of the DGCL, or (iv) for any transaction from which the director derived an improper
personal benefit. No such provision may eliminate or limit the liability of a director for any act or omission occurring prior to the
date when such provision became effective.  The Company’s certificate of incorporation contains such a provision limiting
the personal liability of the Company’s directors to the extent permitted by the DGCL. 

Item 4. Mine Safety Disclosures

None.

 6 

 Table of Contents

PART II

Item 5.  Market for the Registrant’s Common Equity
and Related Stockholder Matters.

The Company’s common stock, $0.01 par value,
is currently quoted on the OTC Pink Market under the symbol “iWSH”.  Such quotations reflect inter-dealer prices,
without retail mark-up, mark-down or commission and may not necessarily represent actual transactions.

The Company did not declare or pay any cash dividends
on its common stock in 2024 or 2023. The Company currently intends to retain future earnings to finance the growth and development of
its business however, the directors will also consider alternative for distributing some or all of its cash and cash equivalents to stockholders.

Purchases of Equity Securities

The Board of Directors authorized the Company
to repurchase up to 5,000,000 outstanding shares of common stock from time to time either in open market or privately negotiated transactions.
The Company did not repurchase any common stock during the years ended December 31, 2024 and 2023. At December 31, 2024 and 2023, the
Company had repurchased an aggregate of 2,234,721 shares of its common stock and a total of 2,765,279 remained available for repurchase
at December 31, 2024 and 2023 pursuant to the 5,000,000 shares repurchase plan. 

Item 6. Selected Financial Data.

Not required.

Item 7. Management’s