Company: SWAGW
Filing Date: 2025-01-22
Form Type: 10-K/A
Source: 0001213900-25-005516
Chunk: 5

Company: Stran & Company, Inc.
Filing Date: 2025-01-22
Form: 10-K/A
Chunk 5
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 the year. Accordingly, Item 11 of the Original Filing is amended to report the results of the recovery analysis, which found that no adjustments to executive compensation were required because the error corrections did not impact any of the measures by which the Company compensated its executives with respect to the compensation received by its executive officers and subject to recovery. In light of the restatement of the Company’s financial statements, management reassessed its evaluation of the effectiveness of the Company’s disclosure controls and procedures and the Company’s internal control over financial reporting. Based on this assessment, management concluded that disclosure controls and procedures and internal control over financial reporting were not effective as of December 31, 2023. Item 9A. “ Controls and Procedures” of this Annual Report on Form 10-K/A has been amended accordingly. For the convenience of the reader, this Annual Report on Form 10-K/A sets forth the Original Filing in its entirety as amended. This Annual Report on Form 10-K/A does not reflect events occurring after the filing of the Original Filing, or modify or update those disclosures, except as applicable in the Company’s financial statement footnote subsequent event disclosures and related disclosures contained in other items of this filing. The following items of the Original Filing have been amended:

| ● | Part I, Item 1. Business; |

| ● | Part I, Item 1A. Risk Factors; |
| ● | Part I, Item 2. Properties;    |

| ● | Part II, Item 7. Management’s                                             
 Discussion and Analysis of Financial Condition and Results of Operations; |

| ● | Part II, Item 8. Financial Statements 
 and Supplementary Data;               |

| ● | Part II, Item 9A. Controls and 
 Procedures;                    |

| ● | Part III, Item 10. Directors,                
 Executive Officers and Corporate Governance; |

| ● | Part III, Item 11. Executive                                       
 Compensation;                                                      |
| ● | Part III, Item 13. Certain Relationships and Related Transactions, 
 and Director Independence;                                         |

| ● | Part III, Item 14. Principal      
 Accountant Fees and Services; and |

| ● | Part IV, Item 15. Exhibit and  
 Financial Statement Schedules. |

This Annual Report on Form 10-K/A has been signed as of the date hereof and all certifications of the Company’s Principal Executive Officer and Principal Financial Officer are given as the date hereof. Accordingly, this Annual Report on Form 10-K/A should