Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 33

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1
Chunk 33
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purchases from us. The reduction in the amount of our products purchased by customers could have a material adverse effect on our business,
results of operations or financial condition.

In addition, some of our customers have experienced
significant changes and difficulties, including consolidation of ownership, increased centralization of buying decisions, buyer turnover,
restructurings, bankruptcies and liquidations. A significant adverse change in a customer relationship or in a customer’s financial
position could cause us to limit or discontinue business with that customer, require us to assume more credit risk relating to that customer’s
receivables or limit our ability to collect amounts related to previous purchases by that customer, all of which could have a material
adverse effect on our business, results of operations or financial condition.

20

We may be unable to identify or to complete
acquisitions or to successfully integrate the businesses we acquire.

We have evaluated, and may continue to evaluate,
potential acquisition transactions. We attempt to address the potential risks inherent in assessing the attractiveness of acquisition
candidates, as well as other challenges such as retaining the employees and integrating the operations of the businesses we acquire. Integrating
acquired operations involves significant risks and uncertainties, including maintenance of uniform standards, controls, policies and procedures;
diversion of management’s attention from normal business operations during the integration process; unplanned expenses associated
with integration efforts; and unidentified issues not discovered in due diligence, including legal contingencies. Acquisition valuations
require us to make certain estimates and assumptions to determine the fair value of the acquired entities (including the underlying assets
and liabilities). If our estimates or assumptions to value the acquired assets and liabilities are not accurate, we may be exposed to
losses, and/or unexpected usage of cash flow to fund the operations of the acquired operations that may be material.

Even if we are able to acquire businesses on favorable
terms, managing growth through acquisitions is a difficult process that includes integration and training of personnel, combining facility
and operating procedures, and additional matters related to the integration of acquired businesses within our existing organization. Unanticipated
issues related to integration may result in additional expense and disruption to our operations, and may require a disproportionate amount
of our management’s attention, any of which could negatively impact our ability to achieve anticipated benefits, such as revenue
and cost synergies. Growth of our business through acquisitions generally increases our operating complexity and the level of responsibility
for both existing and new management personnel. Managing and sustaining our growth and expansion may require substantial enhancements
to our