{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-095904","form_type":"8-K/A","ticker":"SWAG","cik":"0001872525","company_name":"Stran & Company, Inc.","filed_at":"2024-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.205387+00:00","generated_at":"2026-05-30T03:00:23.832330+00:00","sec_items":["9.01","2.01","1.01","7.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Stran & Company completes acquisition of Bangarang assets for $1.1M cash and $5.5M liabilities","bullets":["Acquired substantially all assets of Bangarang Enterprises (dba Gander Group) via private sale under Article 9 UCC.","Cash purchase price of $1,098,800 plus assumption of approximately $5.5 million in liabilities.","Bangarang reported net loss of $1,828,824 in 2023 and accumulated deficit of $14.5 million.","Auditor raised substantial doubt about Bangarang's ability to continue as a going concern.","Stran will file pro forma financial information in a subsequent amendment."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-095904","json":"https://secwatch.observer/filing/0001213900-24-095904.json","markdown":"https://secwatch.observer/filing/0001213900-24-095904.md","text":"https://secwatch.observer/filing/0001213900-24-095904.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1872525/000121390024095904/0001213900-24-095904-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1872525/000121390024095904/ea0220494-8ka1_stran.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T03:00:23.832330+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":[{"claim_id":"b668e1b1c089aff8e67bf2fe2e696d72f6666424","claim":"Stran & Company, Inc. completed an acquisition involving Sallyport Commercial Finance, LLC for aggregate consideration for the Bangarang Assets consisted of (a) cash payments by the Purchaser to Secured Party of $1,098,800 and (b) the assumption by the Pu (closed 2024-08-23).","evidence_excerpt":"(the “Bangarang Transaction”). Under the Sale Agreement, the aggregate consideration for the Bangarang Assets consisted of (a) cash payments by the Purchaser to Secured Party of $1,098,800 (the “Cash Purchase Price”), and (b) the assumption by the Purchaser of certain liabilities totaling approximately $5.5 million (the “Assumed Liabilities”), subject to","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1872525/000121390024095904/0001213900-24-095904-index.htm","confidence":0.95,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Sallyport Commercial Finance, LLC"},{"label":"Consideration","value":"aggregate consideration for the Bangarang Assets consisted of (a) cash payments by the Purchaser to Secured Party of $1,098,800 and (b) the assumption by the Pu"},{"label":"Closing","value":"2024-08-23"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}