Stran & Company Engages Marcum LLP as its Independent Auditor
June 20 2024 - 9:00AM
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.
Marcum offers its clients a full spectrum of
traditional tax, accounting, and assurance services; financial,
risk, and transaction advisory services; valuation, forensic and
litigation services; technology consulting and managed services;
and an extensive portfolio of specialty and niche industry
practices.
“We are pleased to engage Marcum as they are one
of the top-ranked by market share and among the largest
PCAOB-registered audit and accounting firms in the U.S.,” commented
Andy Shape, President and CEO of Stran. “We believe it will be a
swift transition to Marcum, at which time we look forward to
resuming our scheduled reporting on our financial information as
the information can be made available.”
About StranFor over 29
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 StatementsThis 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.
Investor Relations Contact:Crescendo
Communications, LLCTel: (212) 671-1021SWAG@crescendo-ir.com
Press Contact:Howie
Turkenkopfpress@stran.com
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