Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 38

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1
Chunk 38
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 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 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. These current and any future
laws and regulations could harm our business, results of operations and financial condition.

We are subject to international, federal,
national, regional, state, local and other laws and regulations, and failure to comply with them may expose us to potential liability.

We are subject to international, federal, national,
regional, state, local and other laws and regulations affecting our business, including those promulgated under the Occupational Safety
and Health Act, the Consumer Product Safety Act, the Flammable Fabrics Act, the Textile Fiber Product Identification Act, the rules and
regulations of the Consumer Products Safety Commission, the Food, Drug, and Cosmetic Act, the rules and regulations of the Food and Drug
Administration, the FCPA, various securities laws and regulations including but not limited to the Securities Act, the Exchange Act, the
Nasdaq Listing Rules, various labor, workplace and related laws, and environmental laws and regulations. Failure to comply with such laws
and regulations may expose us to potential liability and have an adverse effect on our results of operations.

23

Implementation of technology initiatives
could disrupt our operations in the near term and fail to provide the anticipated benefits. 

As our business grows, we continue to make significant
investments in our technology, including in the areas of warehouse management, enterprise risk management and product design. The costs,
potential problems and interruptions associated with the implementation of technology initiatives could disrupt or reduce the efficiency
of our operations in the near term. They may also require us to divert resources from our core business to ensure that implementation
is successful. In addition, new or upgraded technology might not provide the anticipated benefits, might take longer than expected to
realize the anticipated benefits, might fail or might cost more than anticipated.

Inability to attract and retain key management
or other personnel could adversely impact our business.

Our success is