Stran & Company 8-K: Officer/Director Changes, Comp Arrangements
Ticker: SWAGW · Form: 8-K · Filed: Jan 4, 2024 · CIK: 1872525
| Field | Detail |
|---|---|
| Company | Stran & Company, Inc. (SWAGW) |
| Form Type | 8-K |
| Filed Date | Jan 4, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $4.81375 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: officer-changes, compensation, corporate-governance
TL;DR
**Stran & Company filed an 8-K about executive changes and pay, but the details aren't in this snippet.**
AI Summary
Stran & Company, Inc. filed an 8-K on January 4, 2024, reporting an event that occurred on January 2, 2024. This filing primarily concerns the departure or election of directors or officers, and compensatory arrangements for certain officers, as well as Regulation FD Disclosure and Financial Statements and Exhibits. While the filing indicates these items, it does not provide specific names, dollar amounts, or detailed changes within the provided text. This matters to investors because changes in leadership or executive compensation can signal shifts in company strategy or financial health, potentially impacting future stock performance.
Why It Matters
Changes in executive leadership or compensation structures can influence a company's strategic direction and financial stability, directly affecting investor confidence and stock valuation.
Risk Assessment
Risk Level: medium — The filing indicates significant corporate events like changes in officers and compensatory arrangements, which can introduce uncertainty if the specific details are not favorable.
Analyst Insight
Investors should monitor Stran & Company's future filings for specific details on the reported officer changes and compensation arrangements, as these will provide clearer insights into the company's strategic direction and potential financial implications.
Key Numbers
- 001-41038 — SEC File Number (identifies Stran & Company's registration with the SEC)
- 04-3297200 — IRS Employer Identification No. (identifies Stran & Company for tax purposes)
- 2024-01-02 — Date of Earliest Event Reported (indicates when the reported events, such as officer changes, occurred)
- 2024-01-04 — Filing Date (the date the 8-K was officially submitted to the SEC)
Key Players & Entities
- Stran & Company, Inc. (company) — the registrant filing the 8-K
- Nevada (company) — state of incorporation for Stran & Company, Inc.
- 001-41038 (dollar_amount) — Commission File Number
- 04-3297200 (dollar_amount) — IRS Employer Identification No.
- January 2, 2024 (date) — date of earliest event reported
- January 4, 2024 (date) — date the 8-K was filed
Forward-Looking Statements
- Further details regarding the specific officers or directors involved and their compensatory arrangements will be disclosed in subsequent filings or proxy statements. (Stran & Company, Inc.) — high confidence, target: Q1 2024
FAQ
What was the earliest event reported in this 8-K filing by Stran & Company, Inc.?
The earliest event reported in this 8-K filing by Stran & Company, Inc. occurred on January 2, 2024.
What specific items were disclosed under 'ITEM INFORMATION' in this 8-K filing?
The specific items disclosed under 'ITEM INFORMATION' are: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Regulation FD Disclosure; and Financial Statements and Exhibits.
What is the SEC File Number for Stran & Company, Inc. as stated in this filing?
The SEC File Number for Stran & Company, Inc. is 001-41038.
Where are the principal executive offices of Stran & Company, Inc. located according to this 8-K?
The principal executive offices of Stran & Company, Inc. are located at 2 Heritage Drive, Suite 600, Quincy, MA 02171.
What is the par value per share of Stran & Company's common stock mentioned in the filing?
The filing mentions a common stock par value of $0.0001 per share for Stran & Company, Inc.
Filing Stats: 929 words · 4 min read · ~3 pages · Grade level 14.5 · Accepted 2024-01-04 09:15:08
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share SWAG The NASDAQ Stock Mar
- $4.81375 — of Common Stock at an exercise price of $4.81375 SWAGW The NASDAQ Stock Market LLC
Filing Documents
- ea191102-8k_stranandcom.htm (8-K) — 33KB
- ea191102ex99-1_stranandcom.htm (EX-99.1) — 9KB
- ex99-1_001.jpg (GRAPHIC) — 4KB
- 0001213900-24-001010.txt ( ) — 269KB
- swag-20240102.xsd (EX-101.SCH) — 4KB
- swag-20240102_def.xml (EX-101.DEF) — 26KB
- swag-20240102_lab.xml (EX-101.LAB) — 36KB
- swag-20240102_pre.xml (EX-101.PRE) — 25KB
- ea191102-8k_stranandcom_htm.xml (XML) — 5KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On January 4, 2024, the Company issued a press release announcing the appointment of Ian Thomas Wall as the Company's new Chief Information Officer. A copy of the press release is furnished as Exhibit 99.1 to this report. The information furnished pursuant to this Item 7.01 (including Exhibit 99.1 hereto), shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended (the "Securities Act"), except as expressly set forth by specific reference in such a filing.
Forward-Looking Statements
Forward-Looking Statements The press release and the Act and Section 21E of the Exchange Act, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company's future financial or operating performance. In some cases, you can identify these statements because they contain words such as "may," "will," "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," "plan," "target," "predict," "potential," or the negative of such terms, or other comparable terminology that concern the Company's expectations, strategy, plans, or intentions. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today's date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. Forward-looking statements include, but are not limited to, the Company's expectations regarding its financial position and operating performance, its expectations regarding its technology strategy, its business initiatives, its operating performance, trends in its business, the effectiveness of its growth strategy, its market opportunity, and demand for its products and services in general. The Company's expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including risks and uncertainties described in the Company's Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and other filings with the Securities and Exchange Commission. All subsequent written and oral forward-looking statements co
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Exhibit 99.1 Press Release dated January 4, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 4, 2024 STRAN & COMPANY, INC. /s/ Andrew Shape Name: Andrew Shape Title: President and Chief Executive Officer 2