Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 238

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1A
Chunk 238
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 business day of the company’s most recently completed second fiscal quarter.

A non-accelerated filer is not required to file
an auditor attestation report on internal control over financial reporting that is otherwise required under Section 404(b) of the Sarbanes-Oxley
Act.

Therefore, our internal control over financial
reporting will not receive the level of review provided by the process relating to the auditor attestation included in annual reports
of issuers that are subject to the auditor attestation requirements. In addition, we cannot predict if investors will find our common
stock less attractive because we are not required to comply with the auditor attestation requirements. If some investors find our common
stock less attractive as a result, there may be a less active trading market for our common stock and trading price for our common stock
may be negatively affected. See also above, “—We are subject to ongoing public reporting requirements that are less rigorous
than Exchange Act rules for companies that are not emerging growth companies and our stockholders could receive less information than
they might expect to receive from more mature public companies.”

We are a “smaller reporting company”
within the meaning of the Exchange Act, and if we take advantage of certain exemptions from disclosure requirements available to smaller
reporting companies, this could make our securities less attractive to investors and may make it more difficult to compare our performance
with other public companies. 

Rule 12b-2 of the Exchange Act defines a “smaller
reporting company” as an issuer that is not an investment company, an asset-backed issuer, or a majority-owned subsidiary of a parent
that is not a smaller reporting company and that:

●had a public float of less than $250 million as of the last business day
of its most recently completed second fiscal quarter, computed by multiplying the aggregate worldwide number of shares of its voting and
non-voting common equity held by non-affiliates by the price at which the common equity was last sold, or the average of the bid and asked
prices of common equity, in the principal market for the common equity; or

●in the case of an initial registration statement under the Securities Act
or the Exchange Act for shares of its common equity, had a public float of less than $250 million as of a date within 30 days of the date
of the filing of the registration statement, computed by multiplying the aggregate worldwide number of such shares held by non-affiliates
before the registration plus, in the case of a