Stran & Company, Inc. Files 8-K for Material Agreement

TL;DR

STRN filed an 8-K for a material agreement on Aug 28, 2025.

AI Summary

On August 28, 2025, Stran & Company, Inc. entered into a material definitive agreement. The filing also includes financial statements and exhibits related to this agreement. The company is incorporated in Nevada and its principal executive offices are located in Quincy, MA.

Why It Matters

This filing indicates a significant new development or transaction for Stran & Company, Inc., which could impact its future financial performance and business operations.

Risk Assessment

Risk Level: medium — An 8-K filing signifies a material event, which could introduce new risks or opportunities that are not yet fully understood.

Key Players & Entities

• Stran & Company, Inc. (company) — Registrant
• August 28, 2025 (date) — Date of earliest event reported
• Nevada (jurisdiction) — State of incorporation
• Quincy, MA (location) — Address of principal executive offices
• 001-41038 (filing_id) — SEC File Number

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
• $1.47 — per share (the "Shares"), at a price of $1.47 per share, for an aggregate purchase pr
• $147,024.22 — are, for an aggregate purchase price of $147,024.22 (the "Repurchase"). The Stock Purchase
• $10 million — permits the Company to repurchase up to $10 million of its outstanding common stock in acco
• $120,000 — f the transaction exceeds the lesser of $120,000 or one percent of the average of the Co

Filing Documents

• ea0255190-8k_stran.htm (8-K) — 33KB
• ea025519001ex10-1_stran.htm (EX-10.1) — 34KB
• 0001213900-25-082580.txt ( ) — 284KB
• swag-20250828.xsd (EX-101.SCH) — 4KB
• swag-20250828_def.xml (EX-101.DEF) — 26KB
• swag-20250828_lab.xml (EX-101.LAB) — 36KB
• swag-20250828_pre.xml (EX-101.PRE) — 25KB
• ea0255190-8k_stran_htm.xml (XML) — 6KB

01 Entry into

Item 1.01 Entry into a Material Definitive Agreement. On August 28, 2025, Stran & Company, Inc. (the "Company") entered into a Stock Purchase Agreement (the "Stock Purchase Agreement") with Andrew Shape (the "Seller"), the Company's President, Chief Executive Officer and a member of its Board of Directors (the "Board"). Pursuant to the Stock Purchase Agreement, the Company will repurchase from the Seller 100,000 shares of the Company's common stock, par value $0.0001 per share (the "Shares"), at a price of $1.47 per share, for an aggregate purchase price of $147,024.22 (the "Repurchase"). The Stock Purchase Agreement is filed as Exhibit 10.1 to this Current Report on Form 8-K, and the description above is qualified in its entirety by reference to such exhibit. The Repurchase is being effected under, and will count toward, the Company's previously disclosed stock repurchase program authorized by the Board on February 21, 2022 (the "Repurchase Program"), which permits the Company to repurchase up to $10 million of its outstanding common stock in accordance with applicable securities laws, including Rule 10b-18 promulgated under the Securities Exchange Act of 1934, as amended. Consistent with all other shares acquired pursuant to the Repurchase Program, the Shares acquired from the Seller will be retired and cancelled immediately upon settlement and will cease to be outstanding. Because the Seller is an executive officer and director of the Company and the dollar value of the transaction exceeds the lesser of $120,000 or one percent of the average of the Company's total assets at year-end for the last two completed fiscal years, the Repurchase constitutes an "Interested Transaction" under the Company's Related Party Transactions Policy (the "Policy") and a transaction with a "related person" under Item 404(a) of Regulation S-K. In accordance with the Policy and the Nominating and Corporate Governance Committee Charter adopted by the Board, the terms of the Stock Pu

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Exhibit 10.1 Stock Purchase Agreement, dated as of August 28, 2025, between Stran & Company, Inc. and Andrew Shape 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: August 29, 2025 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