Company: SWAGW
Filing Date: 2025-01-22
Form Type: 10-K/A
Source: 0001213900-25-005516
Chunk: 41

Company: Stran & Company, Inc.
Filing Date: 2025-01-22
Form: 10-K/A
Chunk 41
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 exchange and are subject to restrictions on transfer. We engaged EF Hutton, division of Benchmark Investments, LLC (“EF Hutton”) as our placement agent for the private placement. We agreed, among other things, to issue the EF Hutton’s designees warrants to purchase an aggregate of 131,158 shares of common stock, which is equal to 3.0% of the total number of shares issued in the private placement, at an exercise price of $4.97 per share. See “Item 7. Management’s Discussion and Analysis of Results of Operations and Financial Condition – Liquidity and Capital Resources – December 2021 Private Placement” for further discussion of this transaction. On January 31, 2022, we acquired substantially all of the assets used inthe branding, marketing and promotional products and services business of G.A.P. Promotions. See Item 7. “ Management’s Discussion and Analysis of Results of Operations and Financial Condition – Liquidity and Capital Resources – Contractual Obligations – G.A.P. Promotions Assets Acquisition” for further discussion of this transaction. On August 31, 2022, we acquired substantially all of the assets used inthe branding, marketing and promotional products and services business of Trend Brand Solutions.See Item 7. “ Management’s Discussion and Analysis of Results of Operations and Financial Condition – Liquidity and Capital Resources – Contractual Obligations – Trend Brand Solutions Assets Acquisition” for further discussion of this transaction. On December 20, 2022,we acquired substantially all of the assets used inthe branding, marketing and promotional products and services business of Premier NYC.See Item 7. “ Management’s Discussion and Analysis of Results of Operations and Financial Condition – Liquidity and Capital Resources – Contractual Obligations – Premier NYC Assets Acquisition” for further discussion of this transaction. On June 1, 2023, we acquired substantially all of the assets used inthe branding, marketing and promotional products and services business of T R Miller.See Item 7. “ Management’s Discussion and Analysis of Results of Operations and Financial Condition – Liquidity and Capital Resources – Contractual Obligations – T R Miller Assets Acquisition” for further discussion of this transaction. As of March 28, 2024, we had no subsidiaries. Our principal executive offices are located at 2 Heritage Drive, Suite 600, Quincy, MA 02171 and our telephone number is 800-833-3309. We maintain a website at https://www.stran.com.