UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.07. Submission of Matters to a Vote of Security Holders.
On November 15, 2023, Stran & Company, Inc. (the “Company”) held its 2023 annual meeting of stockholders (the “Annual Meeting”). At the Annual Meeting, the following proposals were presented and voted upon: (1) the election of six director nominees named in the Company’s proxy statement to hold office until the 2024 annual meeting of stockholders, and (2) the ratification of the appointment of BF Borgers CPA PC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. At the close of business on the record date for the Annual Meeting, which was September 18, 2023, there were 18,573,091 shares of the Company’s common stock outstanding and entitled to be voted at the Annual Meeting. Each share of common stock was entitled to one vote per share. A total of 12,088,876 shares of common stock, representing approximately 65% shares of common stock outstanding and entitled to vote were represented in person or by proxy at the Annual Meeting, and constituted a quorum to conduct business at the Annual Meeting. The Annual Meeting voting results of the two proposals were as follows:
(1) Proposal One: Election of Directors. Stockholders elected each of the following nominees as a director to hold office until the 2024 Annual Meeting, based on the following votes.
| Nominee | For | Withheld | Broker Non-Votes | |||||||||
| Andrew Stranberg | 11,573,746 | 53,780 | 461,350 | |||||||||
| Andrew Shape | 11,619,555 | 9,871 | 461,350 | |||||||||
| Travis McCourt | 11,172,254 | 457,172 | 461,350 | |||||||||
| Alan Chippindale | 11,119,984 | 497,553 | 461,350 | |||||||||
| Alejandro Tani | 11,159,951 | 469,475 | 461,350 | |||||||||
| Ashley Marshall | 11,174,469 | 454,956 | 461,350 | |||||||||
There were no abstentions or against votes with respect to this proposal.
(2) Proposal Two: Ratify the Appointment of BF Borgers CPA PC as the Company’s Independent Registered Public Accounting Firm. Stockholders approved the ratification of the appointment of BF Borgers CPA PC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, based on the following votes.
| For | Against | Abstain | |||||||
| 12,084,465 | 4,324 | 87 | |||||||
There were no broker non-votes with respect to this proposal.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: November 16, 2023 | STRAN & COMPANY, INC. | |
| /s/ Andrew Shape | ||
| Name: | Andrew Shape | |
| Title: | President and Chief Executive Officer | |
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