{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-078971","form_type":"8-K","ticker":"SWAG","cik":"0001872525","company_name":"Stran & Company, Inc.","filed_at":"2024-09-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.042168+00:00","generated_at":"2026-05-31T04:43:10.201248+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Stran & Company restates 2022-2023 financials due to accounting errors","bullets":["Audit committee concludes FY 2022, 2023, and Q1-Q3 2022/2023 financials should no longer be relied upon.","Errors include improper accounts receivable and unearned revenue recognition, and incorrect acquisition accounting.","Restatement will require amendments to 10-K for FY 2023 and 10-Qs for multiple periods.","Management assessing internal control effectiveness; expects no impact on cash position or overall business.","Company previously audited by BF Borgers CPA PC; no longer relies on their audit reports."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-078971","json":"https://secwatch.observer/filing/0001213900-24-078971.json","markdown":"https://secwatch.observer/filing/0001213900-24-078971.md","text":"https://secwatch.observer/filing/0001213900-24-078971.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1872525/000121390024078971/0001213900-24-078971-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1872525/000121390024078971/ea0214596-8k_stran.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T04:43:10.201248+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"}