Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 223

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1A
Chunk 223
---
 events and other natural conditions, such as hurricanes, tornadoes, flooding, drought,
wildfires, extreme temperatures, and sea level rise, subject to applicable one percent and de minimis disclosure thresholds, disclosed
in a note to the financial statements;

●The capitalized costs, expenditures expensed, and
losses related to carbon offsets and renewable energy credits or certificates if used as a material component of our plans to achieve
our disclosed climate-related targets or goals, disclosed in a note to our financial statements; and

●If the estimates and assumptions we use to produce
our financial statements were materially impacted by risks and uncertainties associated with severe weather events and other natural conditions
or any disclosed climate-related targets or transition plans, a qualitative description of how the development of such estimates and assumptions
was impacted, disclosed in a note to our financial statements.

We will be exempt from the SEC rules’ requirements
to disclose certain information about our greenhouse gas emissions and comply with related auditor assurance requirements as long as we
remain a “smaller reporting company” (as described below under —Risks Related to our Common Stock and Publicly-Traded
Warrants – 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.”) or an “emerging
growth company” (as described below under “—Risks Related to our Common Stock and Publicly-Traded Warrants –
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.”).
In addition, these disclosure rules will not require compliance by us until our fiscal year beginning in 2027, with certain requirements
not becoming effective until our fiscal year beginning in 2028, if we remain a smaller reporting company or emerging growth company.

28

A number of petitions have been filed in federal
courts seeking to challenge the SEC’s climate disclosure rules. On April 4, 2024, the SEC issued an order staying the rules. The
SEC’s administrative stay will remain in place until the completion of litigation filed in the federal courts that challenges the
agency’s authority to adopt the rules. The outcome of this litigation cannot be determined.

Assuming that the SEC climate