Stran & Company Files 8-K on Financials

TL;DR

STRN filed an 8-K detailing financials and corporate structure.

AI Summary

Stran & Company, Inc. filed an 8-K on March 19, 2024, reporting on its results of operations and financial condition, as well as financial statements and exhibits. The filing details the company's corporate structure, including its common stock par value and warrants. Stran & Company, Inc. is incorporated in Nevada and headquartered in Quincy, MA.

Why It Matters

This filing provides crucial updates on Stran & Company's financial performance and structure, which are essential for investors to assess the company's current health and future prospects.

Risk Assessment

Risk Level: low — This is a routine filing providing financial and operational updates, not indicating immediate significant risk.

Key Numbers

• 0.0001 — Common Stock Par Value Per Share (Details the nominal value of each share of common stock.)
• 4.81375 — Warrant Exercise Price (Specifies the price at which warrants can be exercised for shares.)

Key Players & Entities

• Stran & Company, Inc. (company) — Registrant
• March 19, 2024 (date) — Date of earliest event reported
• Nevada (jurisdiction) — State of incorporation
• Quincy, MA (location) — Principal executive offices
• 0.0001 (dollar_amount) — Common Stock Par Value Per Share
• 4.81375 (dollar_amount) — Warrant Exercise Price

FAQ

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

• ea0202066-8k_stran.htm (8-K) — 32KB
• ea020206601ex99-1_stran.htm (EX-99.1) — 8KB
• ex99-1_001.jpg (GRAPHIC) — 11KB
• 0001213900-24-023739.txt ( ) — 275KB
• swag-20240319.xsd (EX-101.SCH) — 4KB
• swag-20240319_def.xml (EX-101.DEF) — 26KB
• swag-20240319_lab.xml (EX-101.LAB) — 36KB
• swag-20240319_pre.xml (EX-101.PRE) — 25KB
• ea0202066-8k_stran_htm.xml (XML) — 6KB

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On March 19, 2024, Stran & Company, Inc. (the "Company") issued a press release announcing that the Company will hold a conference call at 10:00 A.M. Eastern Time on Thursday, March 28, 2024 to discuss its financial results for the fiscal year ended December 31 , 2023, the Company's corporate progress and other developments . A copy of the press release is furnished as Exhibit 99.1 to this report. The information furnished pursuant to this Item 2.02 (including Exhibit 99.1 hereto), shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (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. 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 concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.

01. Financial

Item 9.01. Financial (d) Exhibits Exhibit No. Description of Exhibit 99.1 Press Release dated March 19, 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: March 19, 2024 STRAN & COMPANY, INC. /s/ Andrew Shape Name: Andrew Shape Title: President and Chief Executive Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR