Company: IWSH
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001214659-25-011922
Chunk: 5

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 1
Chunk 5
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 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 U.S. Treasury Bills and 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 Investment 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). As of June 30, 2025, the Company is not considered an inadvertent investment company.

2.Per share data

Loss per share for the three and six months ended
June 30, 2025 and 2024 is calculated based on 20,620,711 weighted average outstanding shares of common stock. The Company had no dilutive
or potentially dilutive securities during the periods 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”)
is the Chief Executive Officer. The CODM evaluates the results and performance of the reporting segment and decides how to allocate resources
based on condensed consolidated net loss which is reported on the Condensed Consolidated Statements of Operations. Additionally, the measure
of segment assets is reported on the Condensed Consolidated Balance Sheets as total assets.

 6 

The accounting policies for the reportable segment are the same as those described above in the summary of significant accounting policies. The expenses and net loss for the one reportable segment are the same as those presented on the Condensed Consolidated