secwatch.observer — SEC 8-K summary
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Issuer:     Stran & Company, Inc. (SWAG)
CIK:        0001872525
Form:       8-K
Filed at:   2024-06-24T23:59:59+00:00
Accession:  0001213900-24-055274
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stran receives Nasdaq delisting notice over late Form 10-Q filing; auditor change cited
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- Nasdaq notified Stran on June 21, 2024 of non-compliance with Rule 5250(c)(1) for failing to file Q1 2024 Form 10-Q.
- Company dismissed former auditor BF Borgers in May 2024 and engaged Marcum LLP on June 15, 2024.
- Stran has 60 days (until Aug 20, 2024) to submit a compliance plan; extension possible to Dec 16, 2024.
- Company intends to file the Form 10-Q on or before August 20, 2024 to regain compliance.
- Listing of common stock (SWAG) and warrants (SWAGW) not immediately affected but name to appear on Nasdaq non-compliant list.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1872525/000121390024055274/0001213900-24-055274-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1872525/000121390024055274/ea0208319-8k_stran.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-055274

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