{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-078561","form_type":"8-K","ticker":"SWAG","cik":"0001872525","company_name":"Stran & Company, Inc.","filed_at":"2024-09-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.041959+00:00","generated_at":"2026-05-31T05:02:31.477336+00:00","sec_items":["1.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Salem Five terminates Stran's $7M credit line; no outstanding borrowings","bullets":["Salem Five Cents Savings Bank terminated $7M revolving credit facility effective Aug 26, 2024 due to policy conflict with new factoring arrangement.","No funds were drawn on the line at termination; no immediate cash impact on the company.","Subsidiary Stran Loyalty Solutions entered a factoring arrangement on Aug 23, 2024 for AR financing; company provided secured guarantee.","Credit line was originally from Nov 2021, amended Feb 2024; termination closes the facility entirely."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-078561","json":"https://secwatch.observer/filing/0001213900-24-078561.json","markdown":"https://secwatch.observer/filing/0001213900-24-078561.md","text":"https://secwatch.observer/filing/0001213900-24-078561.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1872525/000121390024078561/0001213900-24-078561-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1872525/000121390024078561/ea0214443-8k_stran.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T05:02:31.477336+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}