Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 218

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1A
Chunk 218
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 instability, among other
causes, could result in delays that could adversely affect our reputation, business and results of operations. If our products are not
delivered in a timely fashion or are damaged or lost during the supply or the delivery process, our customers could become dissatisfied
and cease doing business with us, which could adversely affect our business and results of operations.

Our business may be impacted by unforeseen
or catastrophic events, including the emergence of pandemics or other widespread health emergencies, terrorist attacks, extreme weather
events or other natural disasters and other unpredicted events.

The occurrence of unforeseen or catastrophic events,
such as the emergence of pandemics or other widespread health emergencies (or concerns over the possibility of such pandemics or emergencies),
terrorist attacks, extreme weather events or other natural disasters or other unpredicted events, could create economic and financial
disruptions, and could lead to operational difficulties (including travel limitations) that could impair our ability to source and supply
products and services and manage our businesses, and could negatively impact our customers’ ability or willingness to purchase our
products and services.

For example, our corporate headquarters is located
in Massachusetts, which experiences natural hazards such as flooding and coastal erosion; should any unforeseen or catastrophic events
occur, the possibly resulting infrastructure damage and disruption to the area could negatively affect our company, such as by damage
to or total destruction of our headquarters, surrounding transportation infrastructure, network communications and other forms of communication.
Some of our other locations and those of our suppliers also are exposed to hurricanes, earthquakes, floods and other extreme weather events;
the damage that such events could produce could affect the supply of our products and services.

We face intense competition within our industry
and our revenue and/or profits may decrease if we are not able to respond to this competition effectively. 

Customers in the
promotional products, tradeshow and event marketplace, loyalty and program management business process outsourcing industries choose distributors
primarily based upon the quality, price and breadth of products and services offered. We encounter competition from a number of companies
in the geographic areas we serve. The majority of our revenue is derived from the sale of promotional products. Our major competitors
include companies such as 4Imprint Group plc (LSE: FOUR.L), Brand Addition Limited (The Pebble Group plc) (LSE: PEBB), BAMKO LLC (Superior
Group of Companies, Inc.) (Nasdaq: SGC), Staples Promotional Products (Staples, Inc.),