Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 674

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 2
Chunk 674
---
 relating to the Miller Lease Agreement, and customary default and related termination and remedy provisions.

We also lease satellite office space in Warsaw,
Indiana; Mt. Pleasant, South Carolina; Walpole, Massachusetts; Tomball, Texas; and Irvine, California. Our aggregate rent payments for
these facilities was approximately $743.000 during the fiscal year ended December 31, 2024. Our employees also work remotely from
22 additional locations around the United States using other facilities.

We believe that all our properties have been adequately
maintained, are generally in good condition, and are suitable and adequate for our businesses.

 ITEM 3. LEGAL PROCEEDINGS.

From time to time, we may become involved in various
lawsuits and legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties,
and an adverse result in these or other matters may arise from time to time that may harm our business. We are not currently aware of
any such legal proceedings or claims that we believe will have a material adverse effect on our business, financial condition or operating
results.

 ITEM 4. MINE SAFETY DISCLOSURES.

Not applicable.

41

PART II

 ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES. 

Market Information

Our common stock and publicly-traded warrants
were listed and began trading on the Nasdaq Capital Market on November 9, 2021, under the symbols “STRN” and “STRNW,”
respectively. On December 16, 2022, the ticker symbols for the common stock and publicly-traded warrants were changed to “SWAG”
and “SWAGW,” respectively. Prior to the listing, there was no public market for our common stock and publicly-traded warrants.

Number of Holders of Our Common Stock

As of April 8, 2025, there were approximately 64 holders of record
of our common stock, which does not include holders whose shares are held in nominee or “street name” accounts through banks,
brokers or other financial institutions.

Securities Authorized for Issuance Under Equity
Compensation Plans

The information required by this Item regarding equity compensation plans is incorporated by reference to the information set forth in
Item 12. “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters – Securities Authorized
for Issuance Under Equity Compensation Plans”.

Div