An update from Stran & Company (SWAG) is now available.
Stran & Company, Inc. had to delay filing their quarterly financial report due to their former auditor’s permanent barring by the SEC, which invalidated previously audited financial statements. Subsequently, the company replaced the auditor with Marcum LLP and faced a potential Nasdaq delisting if unable to comply with filing requirements. They plan to rectify the situation within the given deadline to maintain their listing but acknowledge the uncertainty of regaining compliance.
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