Stran & Company, Inc. 8-K Report: Key Insights on Stock and Warrants

Based on the provided section of the financial report, here are the key points and insights extracted:
- Entity Identification:
- Company Name: Stran & Company, Inc.
- CIK (Central Index Key): 0001872525
- SEC File Number: 001-41038
- Report Type:
- Form Type: 8-K, which indicates the company is reporting significant events that shareholders should know about.
- Date of Report:
- Filing Date: December 23, 2024.
- Common Stock:
- Par Value: $0.0001 per share.
- Trading Symbol: SWAG on NASDAQ.
- Warrants:
- Description: Each warrant is exercisable for one share of Common Stock.
- Exercise Price: $4.81375.
- Trading Symbol for Warrants: SWAGW on NASDAQ.
- Financial Measures:
- The report includes various contextual elements indicating financial metrics related to common stock and warrants.
- The context IDs suggest that this report may contain specific details about the company's equity structure and financial instruments.
- Contact Information:
- Address: 2 Heritage Drive, Suite 600, Quincy, MA 02171.
- Phone Number: 800-833-3309.
Insights:
- The filing of an 8-K often signals recent corporate actions or significant events that could impact the stock price or shareholder value.
- The presence of warrants indicates a potential dilution of equity if exercised, at an exercise price relatively close to the market rate for the underlying common stock.
- The low par value of the common stock ($0.0001) may suggest a focus on maintaining a lower barrier for issuing additional shares if necessary.
Overall, this report provides critical insights into the capital structure of Stran & Company, Inc., highlighting the potential for equity changes through the exercise of warrants and establishing the company’s trading presence on NASDAQ.