Company: SWAGW
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001213900-25-074995
Chunk: 148

Company: Stran & Company, Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 3
Chunk 148
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 on Form 10-K for the year ending December 31, 2024.

 ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

Unregistered Sales of Equity Securities

During the period covered by this report, we did
not sell any equity securities that were not registered under the Securities Act and that were not previously disclosed under Item 3.02
in a Current Report on Form 8-K.

Purchases of Equity Securities

The following table provides information about
our repurchases of common stock during the period April 1, 2025 to June 30, 2025.

    Period 
    Total  Number of  Shares 
Purchased  
    Average  Price Paid  Per Share  
    Total 
Number of 
    Shares 
Purchased 
    as Part of 
Publicly 
    Announced 
    Plan or Program  
    Maximum 
    Approximate 
Dollar Value of Shares 
    that May Yet be 
    Purchased Under the Plan or
 Program 
  
    April 1, 2025 - April 30, 2025 
     —  
    $—  
     —  
    $6,617,594 
  
    May 1, 2025 - May 31, 2025 
     30,949  
    $1.21  
     1,846,115  
    $6,575,864 
  
    June 1, 2025 - June 30, 2025 
     79,344  
    $1.37  
     1,925,459  
    $6,471,760 

On February 21, 2022, the Company’s board
of directors authorized a stock repurchase program under which the Company may repurchase up to $10 million of its outstanding shares
of common stock in the open market, in accordance with all applicable securities laws and regulations, including Rule 10b-18 promulgated
under the Exchange Act (“Rule 10b-18”). On May 20, 2022, the Company adopted broker repurchase instructions pursuant to Rule
10b-18, which terminated on May 20, 2023. On June 2, 2023, the Company adopted broker repurchase instructions pursuant to Rule 10b-18,
which terminated on June 2, 2024. On May 15