CNS AR24 Digital - Book - Page 32
We depend on third parties for services that are important to our business and the failure of a key vendor to
fulfill its obligations to the Company could have a material adverse effect on the Company and its products.
We depend on a number of key vendors for various fund administration, fund and corporate accounting, custody and
transfer agent services, information technology services, market data and other operational needs. The failure or inability of
the Company to establish backup for key services or the failure of any key vendor to fulfill its obligations for any reason,
including those that may be beyond our or such vendor9s control, could lead to operational issues for the Company and
certain of its products, which could result in financial losses for the Company and its clients.
Risks Related to our Common Stock
A significant portion of our common stock is owned or controlled by our Executive Chairman and our Board
Chairman and their respective family members, which may limit the ability of other stockholders to influence the
affairs of the Company.
As of December 31, 2024, Robert H. Steers, our current Executive Chairman, and a member of his family held
approximately 23.3% of our common stock and Martin Cohen, our current Chairman of the board of directors (our
