Instructions: In this task, you will be given a passage, a question and a list of single-word events identified from the passage. The goal is to point out all events from the given event list that can answer the question. If a question is unanswerable or none of the events answer the question, output should be empty.
Input: Passage: The company said it currently holds about 4.2 million of Innopac's 13.8 million common shares outstanding, which have an aggregate market value of about 137.8 million Canadian dollars (US$117.3 million). Separately, Innopac reported a fourth-quarter loss of about C$2.6 million, or 18 Canadian cents a share, reflecting inventory write-downs. Question: What might be happening while Innopac reports a loss? Events: ['said', 'holds', 'outstanding', 'have', 'reported', 'loss', 'reflecting', 'write-downs']
Output:

Show your work and conclude with the exact phrasing "Therefore, the final answer is [answer]." where [answer] is just the final number or expression that solves the problem.
user
holds