Company: SWAGW
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109289
Chunk: 337

Company: Stran & Company, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part II, Item 2
Chunk 337
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 accordance with the Policy and the Nominating
and Corporate Governance Committee Charter adopted by the Company’s board of directors, the terms of the Stock Purchase Agreement
and the Repurchase were reviewed and unanimously approved by the board of directors’ Nominating and Corporate Governance Committee,
which is composed entirely of independent directors, and unanimously approved by the full board of directors, which is composed of a
majority of independent directors.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

None.

ITEM
4. MINE SAFETY DISCLOSURES.

Not applicable.

ITEM
5. OTHER INFORMATION.

We have no information to disclose that was required
to be disclosed in a Current Report on Form 8-K during the three months ended September 30, 2025 but was not reported. There have been
no material changes to the procedures by which security holders may recommend nominees to our board of directors where those changes were
implemented after the Company last provided disclosure of such procedures.

None of our directors or “officers,”
as defined in Rule 16a-1(f) under the Exchange Act, adopted or terminated a Rule 10b5-1 trading plan or arrangement or a non-Rule 10b5-1
trading plan or arrangement, as defined in Item 408(c) of Regulation S-K, during the fiscal quarter ended September 30, 2025.

48

ITEM
6. EXHIBITS.

    Exhibit No.
     
    Description
  
    3.1
     
    Articles of Incorporation of Stran & Company, Inc. (incorporated by reference to Exhibit 3.1 to the Registration Statement on Form S-1 filed on October 7, 2021)
  
    3.2
     
    Amended and Restated Bylaws of Stran & Company, Inc. (incorporated by reference to Exhibit 3.2 to the Amendment No.1 to Registration Statement on Form S-1 filed on October 22, 2021)
  
    10.1
     
    Independent Director Agreement, dated as of July 8, 2025, between Stran & Company, Inc. and Brian M Posner (incorporated reference to Exhibit 10.1 to the current report of Form 8-K filed on July 10, 2025)
  
    10.2
     
    Indemnification Agreement (incorporated by reference to Exhibit 10