Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 266

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 266
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, depending on the rights, preferences and privileges attributable to the preferred stock, could reduce the voting
rights and powers of our common stockholders and the portion of our assets allocated for distribution to our common stockholders in a
liquidation event, and could also result in dilution to the book value per share of our common stock. The preferred stock could also
be utilized, under certain circumstances, as a method for raising additional capital or discouraging, delaying or preventing a change
in control of our Company.

We have not paid dividends in the past and
do not expect to pay dividends in the future. Any return on an investment will be limited to any appreciation in the value of our common
stock.

We have never paid cash dividends
on our common stock and do not anticipate doing so in the foreseeable future. Any payment of dividends on our common stock would depend
on contractual restrictions, as well as our earnings, financial condition and other business and economic factors as our Board of Directors
may consider relevant. If we do not pay dividends, our common stock may be less valuable because a return on your investment will only
occur if our stock price appreciates.

Offers or availability for sale of a substantial
number of shares of our common stock may cause the price of our common stock to decline.

The sale of substantial amounts
of our common stock in the public market, or the perception that sales could occur, may cause the market price of our common stock to
fall. Sales could occur upon the expiration of any statutory holding period, such as under Rule 144 under the Securities Act of 1933,
as amended, applicable to outstanding shares, upon expiration of any lock-up periods applicable to outstanding shares, upon our issuance
of shares upon the exercise of outstanding options or warrants, or upon our issuance of shares pursuant offerings of our equity securities.
The availability for sale of a substantial number of shares of our common stock, whether or not sales have occurred or are occurring,
also could make it more difficult for us to raise additional financing through the sale of equity or equity-related securities in the
future, when needed, on acceptable terms or at all.

Unstable market and
economic conditions may have serious adverse consequences on our business, financial condition and stock price. 

From time to time, global credit
and financial markets have experienced extreme volatility and disruptions, including severely diminished liquidity and credit availability,
declines in consumer confidence, declines in economic growth, increases in unemployment rates and uncertainty about economic stability.
Our general business strategy may be adversely