Company: SWAGW
Filing Date: 2025-05-02
Form Type: 8-K
Source: 0001213900-25-039310
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Company: Stran & Company, Inc.
Filing Date: 2025-05-02
Form: 8-K
Item: Item 4.01
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Item
4.01 Changes in Registrant’s Certifying Accountant.

On April 30, 2025, Stran
& Company, Inc. (the “ Company”) was notified by Marcum LLP (“ Marcum”) that Marcum resigned as the Company’s
independent registered public accounting firm. On November 1, 2024, CBIZ CPAs P. C. (“ CBIZ CPAs”) acquired the attest business
of Marcum. On April 30, 2025, with the approval of the Audit Committee of the Company’s Board of Directors, CBIZ CPAs was engaged
as the Company’s independent registered public accounting firm.

Marcum’s audit
reports on the Company’s consolidated financial statements as of and for the years ended December 31, 2024 and 2023 did not contain
any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles.

During the fiscal years
ended December 31, 2024 and 2023, and the subsequent period through April 30, 2025, there were (i) no disagreements (as defined in Item
304(a)(1)(iv) of Regulation S-K and the related instructions) between the Company and Marcum on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of
Marcum, would have caused Marcum to make reference to the subject matter of the disagreements in connection with its reports on the Company’s
consolidated financial statements, and (ii) no reportable events (as defined in Item 304(a)(1)(v) of Regulation S-K), except for
the material weaknesses in the Company’s internal control over financial reporting related to the proper design and implementation
of certain controls, including: (1) control over formal review, approval, and evaluation of complex accounting transactions associated
with business combinations; (2) controls over management’s formal review process that includes multiple levels of review as well
as timely review of accounts and reconciliations leading to material adjustments; (3) controls over income tax provision and management’s
review of the income tax provision; (4) controls over accounts receivable and unearned revenue, freight charges, and inventory and cost
of sales accounts; (5) controls over the proper presentation and disclosure for related party transactions; and (6) information technology
general controls related to access and change management