Articles from Stran & Company, Inc.

Continues Strong Performance with Acquisition of Gander Group™ Assets

Completed acquisition of strategic assets of Gander Group™

Quincy, MA, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that on December 17, 2024, it 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 Form 10-Q for the periods ended March 31, 2024, June 30, 2024, and September 30, 2024 (the “Forms 10-Q”) with the Securities and Exchange Commission (the “SEC”). The Staff Determination noted that, based on the Staff’s review and the materials submitted on August 20, 2024, the Staff granted the Company an exception until December 16, 2024 to regain compliance with the Filing Rule. The Staff Determination stated that the Company had not met the terms of the exception. Specifically, the Company has not filed the Forms 10-Q as required by the Filing Rule. The Staff Determination has no immediate effect and will not immediately result in the suspension of trading or delisting of the Company’s common stock.

Quincy, MA, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has received a written notification (the “Notification Letter”) from the Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) as a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024 (the "Form 10-Q") in a timely fashion. The Notification Letter advised the Company that it was not in compliance with Nasdaq’s continued listing requirements under the timely filing criteria established in Nasdaq Listing Rule 5250(c)(1). 

Customers include a national residential housing developer, a molecular diagnostics company, and a public transportation services provider

Quincy, MA, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has received a written notification (the “Notification Letter”) from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) as a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 (the "Form 10-Q") in a timely fashion. The Notification Letter advised the Company that it was not in compliance with Nasdaq’s continued listing requirements under the timely filing criteria established in Nasdaq Listing Rule 5250(c)(1). 

Quincy, MA, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced the acquisition of assets and assumption of certain liabilities of Bangarang Enterprises, LLC, doing business as Gander Group, through a secured party sale initiated by the holder of Gander Group’s senior financing facility. Since its founding in 2009, Gander Group has been a recognized leader in casino continuity and loyalty programs, generating over $34 million in revenue in 2023.

Revenue expected to grow approximately 10% compared to the first six months of 2023

Year-over-year revenue expected to grow 17% compared to first quarter of 2023

Quincy, MA, June 24, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it received a written notification, dated June 21, 2024 (the “Notification Letter”), from The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it is not in compliance with the periodic financial report filing requirement set forth in Nasdaq Listing Rule 5250(c)(1) for continued listing on The Nasdaq Capital Market tier of Nasdaq since the Company has not yet filed its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2024 (the “Form 10-Q”).

Quincy, MA, June 20, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has engaged Marcum LLP as the Company’s new independent public accounting firm.

Quincy, MA, June 10, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG; SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has recently secured multiple expanded contracts with industry-leading, enterprise-level customers. These customers span multiple sectors and geographies, demonstrating Stran’s position as a leader in the promotional products industry, as well as validating Stran’s ability to address the complex marketing needs of its diversified customers.

Customers include a large watercrafts manufacturer and a national pet supply retailer, demonstrating Stran’s ability to meet the needs of diverse customers

Quincy, MA, May 13, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, reports that it has postponed its 2024 first quarter investor conference call due to the recent required dismissal of the Company’s former independent registered public accounting firm. The Company is selecting its new auditor and plans to announce a new date and time for the conference call to report its preliminary unaudited financial results for the first quarter of 2024 as soon as practicable.

Quincy, MA, May 02, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced it will host a conference call at 10:00 A.M. Eastern Time on Wednesday, May 15, 2024, to discuss the Company’s financial results for the first quarter of 2024 ended March 31, 2024, as well as the Company’s corporate progress and other developments.

Quincy, MA, March 19, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced it will host a conference call at 10:00 A.M. Eastern Time on Thursday, March 28, 2024, to discuss the Company’s financial results for the 2023 fiscal year ended December 31, 2023, as well as the Company’s corporate progress and other developments.

Quincy, MA, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG; SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has secured a multi-year agreement with a global professional services firm renowned for its expertise in audit, tax, and advisory services, with a widespread presence across industries and continents. Recognized for its commitment to delivering high-quality solutions and insights across hundreds of worldwide offices with hundreds of thousands of employees, the customer serves as a trusted advisor to offer innovative strategies and guidance to navigate complex business challenges to its clients.

Quincy, MA, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG; SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, announces that it has appointed Ian Thomas Wall as its Chief Information Officer.

Quincy, MA, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG; SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, announces that it has expanded its sales leadership with the addition of Nick Kiefer as Executive Vice President of Sales and Michele Pytlinski as Senior Vice President of Client Strategy.

Quincy, MA, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that Andy Shape, President and Chief Executive Officer of Stran, will be presenting at the Investor Summit being held virtually on December 7, 2023.

Quincy, MA, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced it will host a conference call at 10:00 A.M. Eastern Time on Monday, November 6, 2023, to discuss the Company’s financial results for the third quarter of 2023 ended September 30, 2023, as well as the Company’s corporate progress and other developments.

Quincy, MA, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. (“Stran” or the “Company”) (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that CEO Andy Shape has been ranked 24th on the Advertising Specialty Institute® (“ASI”) 2023 Counselor Power 50 list of trailblazers in the promotional products industry. ASI is the largest technology, marketing and information provider in the $25.8 billion promotional products industry.

Quincy, MA, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. (“Stran” or the “Company”) (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has secured a six-figure annual contract with a leading medical group specializing in the treatment of gastrointestinal disorders, nutrition, and digestive health. The customer has over two hundred locations throughout the United States with over three thousand employees that provide complete care for the digestive system, including evaluation to treatment, and surgery if necessary. 

Quincy, MA, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. (“Stran” or the “Company”) (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has appointed David Leuci, an experienced information technology (IT) executive, as Chief Information Officer. Mr. Leuci will play a key role in enhancing Stran’s overall technology strategy, execution and leadership.

Quincy, MA, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. (“Stran” or the “Company”) (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has launched a new loyalty program for a client that has received more than 22,000 orders in the first week of the redemption period, generating more than $2 million in sales.

Quincy, MA, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. (“Stran” or the “Company”) (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has resumed its previously announced stock repurchase program and noted recent management stock purchases.

Quincy, MA, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced it will host a conference call at 10:00 A.M. Eastern Time on Monday, August 14, 2023, to discuss the company’s financial results for the second quarter of 2023 ended June 30, 2023, as well as the company’s corporate progress and other developments.

Quincy, MA, Aug. 01, 2023 (GLOBE NEWSWIRE) -- The Advertising Specialty Institute® (ASI), the largest technology, marketing and information provider in the $25.8 billion promotional products industry, announced Andy Shape, CEO of Stan & Company, was named the 2023 Counselor® Person of the Year.

Brings elite clientele as well as state-of-the-art distribution and processing center

Quincy, MA, May 10, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced it will host a conference call at 10:00 A.M. Eastern Time on Monday, May 15, 2023, to discuss the company’s financial results for the first quarter of 2023 ended March 31, 2023, as well as the company’s corporate progress and other developments.

Quincy, MA, May 03, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that Andy Shape, President and CEO of Stran, will be attending The Inaugural EF Hutton Global Conference, which will be held on May 10-11, 2023, at the Plaza Hotel in New York City.

Quincy, MA, April 20, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that Andy Shape, President and CEO of Stran, will be participating in a virtual fireside chat with EF Hutton analyst, Edward Reilly.

Quincy, MA, March 31, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced the promotion of David Browner to the position of Chief Financial Officer, effective March 27, 2023. Mr. Browner was previously appointed to the position of Interim Chief Financial Officer, effective July 29, 2022.

Quincy, MA, March 22, 2023 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced it will host a conference call at 10:00 A.M. Eastern Time on Thursday, March 30th, 2023 to discuss the company’s financial results for the 2022 fiscal year ended December 31, 2022, as well as the company’s corporate progress and other developments.

Stran to support the customer’s North American incentive-based merchandise loyalty program

T R Miller generated over $19 million of revenue in FY 2022

Reaffirms outlook for continued growth in 2023

Marks Third Completed Acquisition in 2022

The Company’s publicly traded warrants ticker will also change from ‘STRNW’ to ‘SWAGW'

Premier NYC brings established customer base and over 30 years of experience in the industry

Quincy, MA, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: STRN) (NASDAQ: STRNW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that Andy Shape, CEO of Stran, has been recognized as one of the most influential people in the promotional products industry, ranking number forty-five on the 2022 Power 50 list published by The Advertising Specialty Institute (ASI). ASI serves a network of 25,000 suppliers, distributors, and decorators in the promotional products industry, encouraging growth and innovation through technology, education, research, and business connections. 

Quincy, MA, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: STRN) (NASDAQ: STRNW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced it will host a conference call at 10:00 A.M. Eastern Time on Monday, November 14, 2022, to discuss the company’s financial results for the third quarter ended September 30, 2022, as well as the company’s corporate progress and other developments.

QUINCY, MA / ACCESSWIRE / May 12, 2022 / Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ:STRN) (NASDAQ:STRNW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that Andy Shape, President and CEO of Stran has been invited to present at the Spring Into Action - Best Ideas Investor Conference, which is being held virtually on May 16th - 20th,