Company: IWSH
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001214659-25-004885
Chunk: 200

Company: Wright Investors Service Holdings, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 4
Chunk 200
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Item 4. Mine Safety Disclosures

None.

 6 

 Table of Contents

PART II

Item 5.  Market for the Registrant’s Common Equity
and Related Stockholder Matters.

The Company’s common stock, $0.01 par value,
is currently quoted on the OTC Pink Market under the symbol “iWSH”.  Such quotations reflect inter-dealer prices,
without retail mark-up, mark-down or commission and may not necessarily represent actual transactions.

The Company did not declare or pay any cash dividends
on its common stock in 2024 or 2023. The Company currently intends to retain future earnings to finance the growth and development of
its business however, the directors will also consider alternative for distributing some or all of its cash and cash equivalents to stockholders.

Purchases of Equity Securities

The Board of Directors authorized the Company
to repurchase up to 5,000,000 outstanding shares of common stock from time to time either in open market or privately negotiated transactions.
The Company did not repurchase any common stock during the years ended December 31, 2024 and 2023. At December 31, 2024 and 2023, the
Company had repurchased an aggregate of 2,234,721 shares of its common stock and a total of 2,765,279 remained available for repurchase
at December 31, 2024 and 2023 pursuant to the 5,000,000 shares repurchase plan. 

Item 6. Selected Financial Data.

Not required.

Item 7. Management’s Discussion and
Analysis of Financial Condition and Results of Operations.

General Overview

The Company is a “shell
company”, as defined in Rule 12b-2 of the Exchange Act.  Because the Company is a shell company, its stockholders are
unable to utilize Rule 144 to sell “restricted stock” as defined in Rule 144 or to otherwise use Rule 144 to sell its securities,
and the Company is ineligible to utilize registration statements on Form S-3 or Form S-8 for so long as the Company remains a shell company.  As
a consequence, among other things, the offering, issuance and sale of its securities is likely to be more expensive and time consuming
and may make its securities less attractive to investors.  See “Item 1A. Risk Factors”.

The Company’s Board
of Directors is considering strategic uses for its funds to develop or acquire interests