Wright Investors' Service Holdings Inc (OTC: IWSH) is a shell company with no or nominal operations, as defined under Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Securities Exchange Act of 1934. The company generates no operating revenue. Its assets consist primarily of cash, cash equivalents, and investments in money market mutual funds as of December 31, 2025. IWSH holds interests in undeveloped land and certain flowage rights in Killingly, Connecticut, though those properties were fully impaired as of December 31, 2018. The company employed 2 full-time employees as of December 31, 2025. It did not declare or pay any cash dividends in FY2025 or FY2024, and it did not repurchase any common stock during those years. The board has authorized repurchase of up to 5,000,000 shares, of which 2,234,721 had been repurchased in aggregate as of December 31, 2025, leaving 2,765,279 shares available under the plan. IWSH is actively seeking an acquisition or business combination to exit shell company status.

Revenue model

No operating revenue. The company holds cash and money market investments while pursuing a potential acquisition or business combination.

Products and services

No active products or services. Assets consist primarily of cash, cash equivalents, and money market mutual fund investments as of December 31, 2025. The company also holds interests in undeveloped land and flowage rights in Killingly, Connecticut, which were fully impaired as of December 31, 2018.

Customers and end markets

No customers or active end markets. The company has no or nominal operations as of December 31, 2025.

Value-chain role

Shell company seeking acquisition or business combination. No current operating role in any value chain.

Geographic exposure

Incorporated in Delaware. Holds undeveloped property interests in Killingly, Connecticut.

Source: SEC 10-K, filed 2026-03-30

Industry: Investment Advice