Company: IWSH
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001214659-25-004885
Chunk: 57

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 57
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stock without regard to our operating performance.

Possible additional issuances of our stock will cause dilution.

At December 31, 2024, we had outstanding 20,620,711
shares of our common stock. The Company is authorized to issue up to 30,000,000 shares of common stock and are therefore able to issue
additional shares without being required under corporate law to obtain shareholder approval.  If we issue additional shares,
our other shareholders may find their holdings drastically diluted, which if it occurs, means they would own a smaller percentage of our
Company.

Item 1B. Unresolved Staff
Comments.

None.

Item 1C. Cybersecurity

The Company recognizes the importance of assessing,
identifying, and managing material risks associated with cybersecurity threats (as defined in Item 106(a) of Regulation S-K). These risks
include, among others, operational risks, fraud, and violation of privacy. The Company, a shell entity, does not have processes in place
since cybersecurity is not a risk to the Company due to the size of the Company, nature of its operations, and the number of transactions
during the year. As needed, and in order to keep the Company informed of new and evolving cybersecurity risks, the Company consults with
external parties such as information technology experts about risk management and strategy.

The audit committee assists the board of directors
in fulfilling its oversight responsibilities with respect to the adequacy and effectiveness of the Company’s information security
policies and practices and the internal controls regarding information security risks. The board and its committees engage with management
to discuss potential enterprise risks, including matters related to cybersecurity.

We do not believe that
there are currently any known risks from cybersecurity threats that are reasonably likely to materially affect us or our business strategy,
results of operations or financial condition.

 5 

Item 2. Properties.

The Company leases office
space on a month to month basis for $4,200 per month in Mount Kisco, NY.

Item 3. Legal Proceedings.

Indemnification of Directors and Officers

Section 145 of the Delaware General Corporation
Law (the “DGCL”) provides, generally, that a corporation shall have the power to indemnify any person who was or is a party
or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding (except actions by or in the right
of the corporation) by reason of the fact that such person is or was a director, officer, employee