secwatch.observer — SEC 8-K summary
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Issuer:     Stran & Company, Inc. (SWAG)
CIK:        0001872525
Form:       8-K
Filed at:   2024-08-29T23:59:59+00:00
Accession:  0001213900-24-073943
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1872525/000121390024073943/0001213900-24-073943-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1872525/000121390024073943/ea0212774-8k_stran.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-073943

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