Company: IVHI
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0001683168-25-001303
Chunk: 97

Company: Invech Holdings, Inc.
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1B
Chunk 97
---
 of an aggregate of 100,521,335 shares of our Common Stock issued and outstanding.

(c) Dividends.

We
have not declared any cash dividends on our Common Stock since our inception and do not anticipate paying such dividends in the foreseeable
future. We plan to retain any future earnings for use in our business. Any decisions as to future payments of dividends will depend on
our earnings and financial position and such other facts, as the Board of Directors deems relevant.

(d) Securities authorized
for issuance under equity compensation plans.

We
have not adopted an equity compensation plan and no securities have been authorized or reserved for issuance under any equity compensation
plan.

Description of
Securities

The following description
is a summary of the material terms of the provisions of our Articles of Incorporation and Bylaws. The Articles of Incorporation and Bylaws
have been filed with the SEC as exhibits to our registration statement on Form S-1.

Common Stock

We are authorized to
issue 500,000,000 shares of Common Stock with $0.001 par value per share. As of our fiscal year ended December 31, 2024, there were 100,521,335
shares of Common Stock issued and outstanding.

Each share of Common
Stock entitles the holder to one vote, either in person or by proxy, at meetings of stockholders. Accordingly, the holders of our Common
Stock who hold, in the aggregate, more than fifty percent of the total voting rights can elect all of our directors and, in such event,
the holders of the remaining minority shares will not be able to elect any of such directors. The vote of the holders of a majority of
the issued and outstanding shares of Common Stock entitled to vote thereon is sufficient to authorize, affirm, ratify or consent to such
act or action, except as otherwise provided by law.

 15 

Holders of Common Stock
are entitled to receive ratably such dividends, if any, as may be declared by the Board of Directors out of funds legally available. We
have not paid any dividends since our inception, and we presently anticipate that all earnings, if any, will be retained for development
of our business. Any future disposition of dividends will be at the discretion of our Board of Directors and will depend upon, among other
things, our future earnings, operating and financial condition, capital requirements, and other factors.

Holders of our Common
Stock have no preemptive rights or other subscription rights, conversion rights