Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 20

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1
Chunk 20
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 sales and other taxes, among other areas, apply to the internet
and e-commerce, and these laws are continually evolving. For example, certain applicable privacy laws and regulations require us to provide
customers with our policies on sharing information with third parties, and advance notice of any changes to these policies. Related laws
may govern the manner in which we store or transfer sensitive information or impose obligations on us in the event of a security breach
or inadvertent disclosure of such information. Additionally, tax regulations in jurisdictions where we do not currently collect state
or local taxes may subject us to the obligation to collect and remit such taxes, or to additional taxes, or to requirements intended to
assist jurisdictions with their tax collection efforts.

The production, distribution and sale in the United
States of many of our products are subject to the Federal Food, Drug, and Cosmetic Act, the Federal Trade Commission Act, the Lanham Act,
state consumer protection laws, competition laws, federal, state and local workplace health and safety laws, various federal, state and
local environmental protection laws, various other federal, state and local statutes applicable to the production, transportation, sale,
safety, advertising, labeling and ingredients of such products, and rules and regulations adopted pursuant to these laws. Outside the
United States, the distribution and sale of our many products and related operations are also subject to numerous similar and other statutes
and regulations.

We are subject to various federal, state and local
laws and regulations, including but not limited to, laws and regulations relating to labor and employment, U.S. customs and consumer product
safety, including the Consumer Product Safety Improvement Act (the “CPSIA”). The CPSIA created more stringent safety requirements
related to lead and phthalates content in children’s products. The CPSIA regulates the future manufacture of these items and existing
inventories and may cause us to incur losses if we offer for sale or sell any non-compliant items. Failure to comply with the various
regulations applicable to us may result in damage to our reputation, civil and criminal liability, fines and penalties and increased cost
of regulatory compliance. We are also subject to various state consumer protection laws such as Proposition 65 in California, which requires
that a specific warning appear on any product that contains a substance listed by the State of California as having been found to cause
cancer or birth defects, unless the amount of such substance in the product is below a safe harbor level.

New legislation or regulation, the application
of laws