{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-044681","form_type":"8-K","ticker":"SWAG","cik":"0001872525","company_name":"Stran & Company, Inc.","filed_at":"2023-06-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.412521+00:00","generated_at":"2026-06-14T09:46:17.264528+00:00","sec_items":["1.01","2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Stran & Company completes acquisition of T R Miller; $2.15M cash plus earn-outs","bullets":["Paid $2,154,230 in cash at closing; installment payments of $1.1M over 4 years and earn-out payments linked to gross profit above $4M.","T R Miller unaudited FY2022 revenue of approximately $19M; adds 20,000 sq ft decoration, fulfillment, and distribution center in Walpole, MA.","Tom Miller to continue under a consulting agreement; Stacy Miller appointed VP of Integration and Sales Development.","Acquisition is accretive and synergistic, according to management; marks fourth acquisition since start of 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-044681","json":"https://secwatch.observer/filing/0001213900-23-044681.json","markdown":"https://secwatch.observer/filing/0001213900-23-044681.md","text":"https://secwatch.observer/filing/0001213900-23-044681.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1872525/000121390023044681/0001213900-23-044681-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1872525/000121390023044681/ea179615-8k_stranandco.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T09:46:17.264528+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9534401b048628e4dedc57ee514c6eafbff7fb6b","claim":"Stran & Company, Inc. completed an acquisition involving T R Miller Co., Inc. for $2,154,230.21 in cash (closed 2023-06-01).","evidence_excerpt":"On June 1, 2023, the Closing was completed. Pursuant to the Purchase Agreement, the Company paid T R Miller $2,154,230.21 in cash, reflecting the purchase price of $1,000,000 as adjusted by a $1,123,071.82 working capital adjustment","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1872525/000121390023044681/0001213900-23-044681-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"T R Miller Co., Inc."},{"label":"Consideration","value":"$2,154,230.21 in cash"},{"label":"Closing","value":"2023-06-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}