Company: SWAGW
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001213900-25-074995
Chunk: 192

Company: Stran & Company, Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part II, Item 1
Chunk 192
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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 in these or other 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.

There are no material changes from the risk factors
previously disclosed in Item 1A, “Risk Factors” of our Annual Report on Form 10-K for the year ending December 31, 2024.

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

Unregistered Sales of Equity Securities

During the period covered by this report, 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

The following table provides information about
our repurchases of common stock during the period April 1, 2025 to June 30, 2025.

    Period 
    Total  Number of  Shares 
Purchased  
    Average  Price Paid  Per Share  
    Total 
Number of 
    Shares 
Purchased 
    as Part of 
Publicly 
    Announced 
    Plan or Program  
    Maximum 
    Approximate 
Dollar Value of Shares 
    that May Yet be 
    Purchased Under the Plan or
 Program 
  
    April 1, 2025 - April 30, 2025 
     —  
    $—  
     —  
    $6,617,594 
  
    May 1, 2025 - May 31, 2025 
     30,949  
    $1.21  
     1,846,115  
    $6,575,864 
  
    June 1, 2025 - June 30, 2025 
     79,344  
    $1.37  
     1,925,459  
    $6,471,760 

On February 21, 2022, the Company’s board
of directors authorized a stock rep