secwatch.observer — SEC 8-K summary
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Issuer:     Stran & Company, Inc. (SWAG)
CIK:        0001872525
Form:       8-K
Filed at:   2025-01-31T23:59:59+00:00
Accession:  0001213900-25-008845
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Stran & Company receives Nasdaq notice of non-compliance with $1.00 minimum bid price
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- On Jan 27, 2025, Stran received Nasdaq notification that its common stock (SWAG) failed to maintain minimum bid price of $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until July 28, 2025, to regain compliance by achieving a closing bid price >= $1.00 for at least 10 consecutive business days.
- If not regained, Stran may be eligible for a second 180-day period if it meets other Nasdaq initial listing standards and intends to cure via reverse stock split.
- Failure to regain compliance within the compliance periods may result in delisting from The Nasdaq Capital Market and an opportunity to appeal.
- Tickers SWAG and SWAGW remain listed for now; the notification does not immediately affect trading.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1872525/000121390025008845/0001213900-25-008845-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1872525/000121390025008845/ea0229142-8k_stran.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-008845

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