Stran & Company, Inc. (SWAG): Nasdaq/NYSE listing notice — Stran receives Nasdaq delisting determination for failure to file three quarterly reports

Stran & Company, Inc.

Received Staff delisting determination on Dec 17, 2024 for not filing Forms 10-Q for Q1, Q2, Q3 2024.
Previously granted exception until Dec 16, 2024; company failed to meet terms.
No immediate suspension; company intends to request hearing and extended stay.
Hearings typically scheduled 30-45 days after request; 15-day automatic stay if hearing requested.

item 3.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Stran & Company, Inc. received a nasdaq delisting notice notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

December 17, 2024, Stran & Company, Inc., a Nevada corporation (the “Company”), received a letter from the Listing Qualifications staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), issuing a Staff delisting determination (the “Staff Determination”). The Staff Determination noted that the Staff had notified the Company on June 21, 2024, August 23, 2024, and November 21, 2024, that the Company did not comply with Nasdaq Listing Rule 5250(c)(1) (the “Filing Rule”) because the Company had not filed its Quarterly Reports on Forms 10-Q for the periods ended March 31, 2024, June 30, 2024

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Stran & Company, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-24-111257

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