Company: HROW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000925
Chunk: 86

Company: HARROW, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 86
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 it may have rights, preferences and privileges superior
to those of our common stock.

We are authorized to issue 5,000,000
shares of “blank check” preferred stock, with such rights, preferences and privileges as may be determined from time to time
by our Board of Directors. Our Board of Directors is empowered, without stockholder approval, to issue preferred stock at any time in
one or more series and to fix the dividend rights, dissolution or liquidation preferences, redemption prices, conversion rights, voting
rights and other rights, preferences and privileges for any series of our preferred stock that may be issued. The issuance of shares
of preferred stock, 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