Stran & Company receives Nasdaq deficiency notice for delayed Q2 10-Q filing

Stran & Company, Inc.

Company received Nasdaq notification on Aug 23, 2024 for failure to timely file Form 10-Q for quarter ended June 30, 2024.
Delay stems from dismissal of former auditor BF Borgers CPA PC on May 13, 2024 due to SEC order permanently barring the firm.
Company already had until Dec 16, 2024 to file delinquent Q1 10-Q; any additional exception is limited to same date.
Must submit updated compliance plan to Nasdaq by Sep 24, 2024; no assurance of regaining compliance given.
Notice has no immediate effect on listing of common stock or warrants on Nasdaq Capital Market.

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