Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 237

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1A
Chunk 237
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 to take advantage of these reporting
exemptions until we are no longer an emerging growth company. We will remain an emerging growth company for up to five years, although
if the market value of our securities that is held by non-affiliates exceeds $700 million as of any June 30 before that time, we would
cease to be an emerging growth company as of the following December 31.

Because we are subject to ongoing public reporting
requirements that are less rigorous than Exchange Act rules for companies that are not emerging growth companies, our stockholders could
receive less information than they might expect to receive from more mature public companies. We cannot predict if investors will find
our securities less attractive if we elect to rely on these exemptions, or if taking advantage of these exemptions would result in less
active trading or more volatility in the price of our securities.

36

As a non-accelerated filer, we are not required
to comply with the auditor attestation requirements of the Sarbanes-Oxley Act.

We are not an “accelerated filer”
or a “large accelerated filer” under the Exchange Act. Rule 12b-2 under the Exchange Act defines an “accelerated filer”
to mean any company that first meets the following conditions at the end of each fiscal year: The company had a public float of $75 million
or more, but less than $700 million, as of the last business day of the company’s most recently completed second fiscal quarter;
the company has been subject to the reporting requirements of the Exchange Act for at least twelve calendar months; the company has filed
at least one annual report under the Exchange Act; the company did not have annual revenues of less than $100 million and either no public
float or a public float of less than $700 million; and, once the company determines that it does not qualify for “smaller reporting
company” status because it exceeded one or more of the current thresholds for such status, is not eligible to regain “smaller
reporting company” status under the test provided under paragraph (3)(iii)(B) of the “smaller reporting company” definition
in Rule 12b-2 of the Exchange Act. Rule 12b-2 under the Exchange Act defines a “large accelerated filer” in the same way as
an “accelerated filer” except that the company meeting the definition must have a public float of $700 million or more as
of the last