Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 24

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1
Chunk 24
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 to advertising or marketing practices it may deem misleading
or deceptive.

The federal U.S. Children’s Online Privacy
Protection Act (“COPPA”), the GDPR, and the UK GDPR impose additional restrictions on the ability of online services to collect
information from minors. In addition, certain states, including Utah and Massachusetts, have laws that impose criminal penalties on the
production and distribution of content that is “harmful to a minor.”

The interpretation and enforcement of the laws
and regulations described above are uncertain and subject to change, and may require substantial costs to monitor and implement and maintain
adequate compliance programs. Failure to comply with U.S. and international data protection laws and regulations could result in government
enforcement actions (which could include substantial civil and/or criminal penalties), private litigation and/or adverse publicity and
could negatively affect our operating results and business.

Environmental Regulations

We use certain plastic, glass, fabric, metal and
other products in our business which may be harmful if released into the environment. In view of the nature of our business, compliance
with federal, state, and local laws regulating the discharge of materials into the environment, or otherwise relating to the protection
of the environment, has had no material effect upon our operations or earnings, and we do not expect it to have a material impact in the
foreseeable future. However, see “Risk Factors – Risks Related to Our Business and Industry – Increased focus by
governments, vendors, stockholders, and customers on sustainability issues, including those related to climate change, may have a material
adverse effect on our business and operations.” and “Risk Factors – Risks Related to Our Business and Industry
– Environmental regulations may impact our future operating results.” for discussion of material related risks.

Tax Laws and Regulations

Changes in tax laws or regulations in the jurisdictions
in which we do business, including the United States, or changes in how the tax laws are interpreted, could further impact our effective
tax rate, further restrict our ability to repatriate undistributed offshore earnings, or impose new restrictions, costs or prohibitions
on our current practices and reduce our net income and adversely affect our cash flows.

We are also subject to tax audits in the United
States and other jurisdictions and our tax positions may be challenged by tax authorities. Although we believe that our current tax provisions
are reasonable and appropriate, there can be no assurance that these items will be settled for the amounts accrued, that additional tax
exposures will not be identified