secwatch.observer — SEC 8-K summary
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Issuer:     Stran & Company, Inc. (SWAG)
CIK:        0001872525
Form:       8-K/A
Filed at:   2025-04-07T23:59:59+00:00
Accession:  0001213900-25-029436
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.45
Item codes: 9.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Stran provides pro forma financials for Gander Group acquisition; combined H1 2024 rev $60.4M
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- Unaudited pro forma revenue for six months ended June 30, 2024: $60.4M (Stran $35.5M + Gander $24.9M).
- Pro forma net income for H1 2024: $1.2M vs Stran standalone net loss of $1.5M.
- For FY2023, pro forma net loss: $542K vs Stran standalone net loss $385K.
- Total purchase consideration: $1.5M ($1.1M cash to secured party + $370K to Bangarang).
- Acquisition-related transaction costs of $435K incurred after June 30, 2024 reflected as pro forma adjustment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1872525/000121390025029436/0001213900-25-029436-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1872525/000121390025029436/ea0237259-8ka2_stran.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-029436

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer