Quincy, MA, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ:SWAG) (NASDAQ:SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that on December 17, 2024, it received a letter from the Listing Qualifications staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq"), issuing a Staff delisting determination (the "Staff Determination"). The Staff Determination noted that t ...

Quincy, MA, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that on December 17, 2024, it received a letter from the Listing Qualifications staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), issuing a Staff delisting determination (the “Staff Determination”). The Staff Determination noted that ...

Quincy, MA, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG; SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has secured significant six-figure agreements, collectively expected to generate more than $2 million in sales annually, with three industry-leading customers. The first agreement was signed with a leading national developer, acquirer, and operat ...

Revenue expected to grow approximately 10% compared to the first six months of 2023 Gross margin expected to increase to 31.7% for the first six months of 2024 vs. 29.4% for the first six months of 2023 Cash, cash equivalents and investments expected to increase to $21.5 million as of June 30, 2024, compared to $18.5 million at December 31, 2023 Quincy, MA, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing soluti ...

[Form 8-K Current Report](index=1&type=section&id=Form%208-K) [Company Information](index=1&type=section&id=Company%20Information) This section provides Stran & Company, Inc.'s identification, registration details, and securities listed on NASDAQ - **Stran & Company, Inc.** is an emerging growth company incorporated in Nevada[2](index=2&type=chunk)[9](index=9&type=chunk) Registered Securities on NASDAQ | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | :--- | :--- | :--- | | Common Stock, par value $0.0001 per share | SWAG | The NASDAQ Stock Market LLC | | Warrants, each warrant exercisable for one share of Common Stock at an exercise price of $4.81375 | SWAGW | The NASDAQ Stock Market LLC | [Results of Operations and Financial Condition](index=2&type=section&id=Item%202.02.%20Results%20of%20Operations%20and%20Financial%20Condition) Stran & Company, Inc. announced preliminary Q1 2024 financial results via a press release, furnished but not filed under Section 18 of the Exchange Act - The company issued a press release on **June 28, 2024**, announcing preliminary financial results for the quarter ended **March 31, 2024**[4](index=4&type=chunk) - The press release detailing financial results is attached as **Exhibit 99.1**[4](index=4&type=chunk) - Information under Item 2.02, including Exhibit 99.1, is furnished, not filed under Section 18 of the Exchange Act, and not incorporated by reference unless explicitly stated[11](index=11&type=chunk) [Forward-Looking Statements](index=2&type=section&id=Forward-Looking%20Statements) This section provides a safe harbor statement for forward-looking information, noting inherent risks and no obligation to update - The report contains forward-looking statements regarding future performance, identified by terms like "may," "will," "believes," and "expects"[12](index=12&type=chunk) - These statements are not guarantees and are subject to substantial risks and uncertainties that could cause material differences in actual results[12](index=12&type=chunk) - The company disclaims any obligation to publicly update forward-looking statements, except as legally required[12](index=12&type=chunk) [Financial Statements and Exhibits](index=2&type=section&id=Item%209.01.%20Financial%20Statements%20and%20Exhibits) This section lists exhibits furnished with the Form 8-K, primarily the press release with preliminary financial results Exhibits List | Exhibit No. | Description of Exhibit | | :--- | :--- | | 99.1 | Press Release dated June 28, 2024 | | 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

Gross margin expected to increase by over 100 basis points versus first quarter of 2023 Quincy, MA, June 28, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today reported preliminary selected unaudited results for the first quarter of 2024. The selected unaudited results in this press release are preliminary and subject to the c ...

Quincy, MA, June 28, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ:SWAG) (NASDAQ:SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today reported preliminary selected unaudited results for the first quarter of 2024. For over 29 years, Stran has grown to become a leader in the promotional products industry, specializing in complex marketing programs to help recognize the value of promotional p ...

Company Overview - Stran & Company, Inc. is a leading outsourced marketing solutions provider specializing in promotional products and loyalty incentive programs [4][5] - The company has over 29 years of experience and serves many Fortune 500 companies across various industries [5] - Stran focuses on complex marketing programs to enhance brand awareness and drive sales through promotional products [5] Recent Developments - Stran has engaged Marcum LLP as its new independent public accounting firm, which is recognized as one of the top-ranked audit and accounting firms in the U.S. [4][1] - The transition to Marcum is expected to be swift, allowing Stran to resume its scheduled financial reporting [1][4] Services Offered - Marcum provides a comprehensive range of services including tax, accounting, assurance, financial advisory, risk management, and technology consulting [2]

"We are very proud to expand these meaningful contracts with leading organizations," commented Andy Shape, CEO of Stran. "These customers selected us based on our performance, trusted relationship, and consistent reliability of products and services. Our products management technology is designed for each customer to increase brand awareness, streamline operations, and enhance efficiency. In the case of one customer, their sales had doubled over a short period and they needed quick scaling of products, whic ...

Core Insights - Stran & Company, Inc. has secured significant six-figure agreements with two major customers, indicating strong contract momentum in 2024 [1][4] - The company specializes in outsourced marketing solutions, leveraging promotional products and loyalty incentives to enhance brand awareness and customer loyalty [1][5] Customer Agreements - Stran signed an agreement with a leading manufacturer of recreational watercraft, chosen for its cost-effective solutions and robust technology infrastructure [2] - A prominent pet supply retailer with over 200 stores in the U.S. selected Stran as its promotional products manager, highlighting Stran's technology and creative capabilities as key factors in the decision [3] Company Overview - Stran has over 29 years of experience in the promotional products industry, focusing on complex marketing programs that drive brand awareness and sales [5] - The company serves many Fortune 500 clients across various industries, providing services such as promotional marketing, loyalty programs, and wellness campaigns [5] - Stran aims to build long-term relationships with clients to foster brand loyalty and enhance customer connections [5]