Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 229

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1A
Chunk 229
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 increased indebtedness we may incur in the future;

●additions or departures of key personnel;

●actions by stockholders;

●speculation in the media, online forums, or investment community; and

●our intentions and ability to maintain the listing of our common stock and publicly-traded warrants on
Nasdaq.

Volatility in the market prices of our securities
may prevent investors from being able to sell their securities at or above their purchase price. As a result, you may suffer a loss on
your investment.

We may not be able to maintain a listing
of our common stock and publicly-traded warrants on Nasdaq.

Although our common stock and publicly-traded
warrants are listed on Nasdaq, we must meet certain financial, liquidity, SEC reporting, corporate governance, and other continuing listing
requirements to maintain such listing. If we violate Nasdaq’s listing requirements, or if we fail to meet any of Nasdaq’s
listing standards, our common stock and publicly-traded warrants may be delisted.

On December 17, 2024, the Company received a letter
from the Listing Qualifications staff (the “Staff”) of Nasdaq issuing a Staff delisting determination (the “Staff Determination”).
The Staff Determination noted that the Staff had notified the Company on June 21, 2024, August 23, 2024, and November 21, 2024, that the
Company did not comply with Nasdaq Listing Rule 5250(c)(1) (the “Filing Rule”) because the Company had not filed its Quarterly
Reports on Forms 10-Q for the periods ended March 31, 2024, June 30, 2024, and September 30, 2024 (the “2024 Forms 10-Q”),
with the SEC. The Staff Determination noted that, based on the Staff’s review and the materials submitted on August 20, 2024, the
Staff granted the Company an exception until December 16, 2024, to regain compliance with the Filing Rule. The Staff Determination stated
that the Company had not met the terms of the exception. Specifically, the Company had not filed the 2024 Forms 10-Q as required by the
Filing Rule. The Staff Determination had no immediate effect and did not immediately result in the suspension of trading or delisting
of the Company’s common stock.

32

The Staff Determination notified the Company that
the Company was permitted