Stran & Company Announces Nasdaq Ticker Symbol Change from ‘STRN’ to ‘SWAG’ on December 16
December 15 2022 - 8:00AM
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 the
Company’s common stock will begin trading on Nasdaq under the
ticker symbol “SWAG” on December 16, 2022. This ticker symbol will
replace the Company’s current ticker symbol for its common stock,
“STRN”. Additionally, the Company’s publicly traded warrants to
purchase common stock will begin trading under the ticker symbol
“SWAGW” on December 16, 2022. This ticker symbol will replace the
Company’s current ticker symbol for its publicly traded warrants,
“STRNW”.
Andy Shape, Chief Executive Officer of Stran,
commented, “Our mission is to drive brand awareness and affect
behavior through visual, creative and technology solutions for our
customers. We do that by using promotional products and
branded merchandise - which is also informally referred to as
swag. The ‘SWAG’ ticker symbol is memorable, relevant, and a
better reflection of the products we sell and industry where we
strive to be a leader.”
No action by the Company’s shareholders is
required with respect to
either ticker symbol change. The Company’s common
stock and warrants will continue to be listed on Nasdaq and the
respective CUSIP numbers will remain unchanged.
About Stran
Over the past 27 years, Stran has grown to
become a leader in the promotional products industry, specializing
in complex marketing programs to help recognize the value of
promotional products, branded merchandise, and loyalty incentive
programs as a tool to drive awareness, build brands and impact
sales. Stran is the chosen promotional programs manager of many
Fortune 500 companies, across a variety of industries, to execute
their promotional marketing, loyalty and incentive, sponsorship
activation, recruitment, retention, and wellness campaigns. Stran
provides world-class customer service and utilizes cutting-edge
technology, including efficient ordering and logistics technology
to provide order processing, warehousing and fulfillment functions.
The Company’s mission is to develop long-term relationships with
its clients, enabling them to connect with both their customers and
employees in order to build lasting brand loyalty. Additional
information about the Company is available at: www.stran.com.
Forward Looking Statements
This press release contains “forward-looking
statements” that are subject to substantial risks and
uncertainties. All statements, other than statements of historical
fact, contained in this press release are forward-looking
statements. Forward-looking statements contained in this press
release may be identified by the use of words such as “anticipate,”
“believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,”
“seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,”
“target,” “aim,” “should,” "will” “would,” or the negative of these
words or other similar expressions, although not all
forward-looking statements contain these words. Forward-looking
statements are based on the Company’s current expectations and are
subject to inherent uncertainties, risks and assumptions that are
difficult to predict. Further, certain forward-looking statements
are based on assumptions as to future events that may not prove to
be accurate. These and other risks and uncertainties are described
more fully in the section titled “Risk Factors” in the Company’s
periodic reports which are filed with the Securities and Exchange
Commission. Forward-looking statements contained in this
announcement are made as of this date, and the Company undertakes
no duty to update such information except as required under
applicable law.
Contacts:
Investor Relations ContactCrescendo Communications,
LLCTel: (212) 671-1021STRN@crescendo-ir.com
Press ContactHowie Turkenkopf press@stran.com
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