Company: IWSH
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001214659-25-004885
Chunk: 0

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 0
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Item 1. Business.

General Development of Business

Wright Investors’ Service Holdings, Inc.
(the “Company”, “Wright Holdings”, “we” or “us”) was incorporated on March 10, 1998.  The
Company’s common stock is quoted on the OTC Pink Sheets and is traded under the symbol “iWSH”.

The Company currently has a substantial portion
of its assets consisting of cash and cash equivalents and investments in U.S. Treasury Bills and mutual funds.

Description of the Business of the Company

The Company has no or nominal operations. As a
result, the Company is a “shell company”, as defined in Rule 405 of the Securities Act of 1933, as amended, or the Securities
Act, and Rule 12b-2 of the Securities Exchange Act of 1934, as amended, or the Exchange Act. As a shell company, its stockholders will
be unable to utilize Rule 144 of the Securities Act, or Rule 144 to sell “restricted stock” as defined in Rule 144 or otherwise
use Rule 144 to sell stock of the Company, and the Company would be ineligible to utilize registration statements on Form S-3 or Form
S-8 for so long as the Company remains a shell company and other things, as a consequence, the offering, issuance and sale of its securities
is likely to be more expensive and time consuming and may make the Company’s securities less attractive to investors.

The Company is not engaged in the business of
investing, reinvesting, or trading in securities, and it does not hold itself out as being engaged in those activities. However, under
the Investment Company Act of 1940, as amended (the “Investment Company Act”), a company may fall within the scope of being
an “inadvertent investment company” under section 3(a)(1)(C) of such Act if the value of the Company’s investment securities
(as defined in the Investment Company Act) is more than 40% of the Company’s total assets (exclusive of government securities, and
cash and certain cash equivalents).

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
altern