Company: SWAGW
Filing Date: 2025-03-07
Form Type: 10-Q
Source: 0001213900-25-021742
Chunk: 221

Company: Stran & Company, Inc.
Filing Date: 2025-03-07
Form: 10-Q
Item: Part I, Item 2
Chunk 221
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 future periods are subject to the risk that controls
may become inadequate because of changes in conditions, or that the degree of compliance with our policies or procedures may deteriorate.
We intend to continue to monitor and upgrade our internal controls as necessary or appropriate for our business but cannot assure that
such improvements will be sufficient to provide us with effective internal control over financial reporting.

48

PART II

OTHER INFORMATION

 ITEM 1. LEGAL PROCEEDINGS.

From time to time, we may become involved in various
lawsuits and legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties,
and an adverse result any such matters may arise from time to time that may harm our business. We are not currently aware of any such
legal proceedings or claims that we believe will have a material adverse effect on our business, financial condition or operating results.

 ITEM 1A. RISK FACTORS.

Not applicable.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES
AND USE OF PROCEEDS.

Unregistered Sales of Equity Securities

During the three months ended September 30, 2024,
we did not sell any equity securities that were not registered under the Securities Act and that were not previously disclosed under Item
3.02 in a Current Report on Form 8-K.

Purchases of Equity Securities

No repurchases of our common stock were made during
the three months ended September 30, 2024. For a description of the Company’s stock repurchase
program, see “Part I. Financial Information – Item 2. Management’s
Discussion and Analysis of Financial Condition and Results of Operations. – Liquidity
and Capital Resources – Stock Repurchase Program”.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

None.

 ITEM 4. MINE SAFETY DISCLOSURES.

Not applicable.

49

 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, 2024 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.

 ITEM 6. EXHIBITS.

    Exhibit No.
     
    Description
  
    2.1*+
     
    Secured Party Sale Agreement, dated as of August 23,