Stran & Company, Inc. (SWAGW) Warrant
Each SWAGW warrant gives the holder the right to buy 1 share of Stran & Company, Inc. at $5.18 per share, until December 8, 2026. The stock last closed at $1.47, below the strike, so the warrant is out of the money. Stran & Company, Inc. has a market value of about $27.40M. There are 4.33M listed warrants; exercising all of them would add 23.2% to the 18.64M shares outstanding.
SWAG vs strike, last 12 months
No share-price history for SWAG yet.
Key terms
- Strike per share
- $5.18
- Shares per warrant
- 1
- Cash to exercise one warrant
- $5.18
- Expiry
- 2026-12-08
- Redemption trigger
- none stated
- Cashless exercise
- no
- Break-even stock price
- $5.18
From the issuer's S-1/A (2022-01-05).
Company and stock
- Company
- Stran & Company, Inc.
- Underlying stock
- SWAG
- Share price
- $1.47
- Market cap
- $27.40M
- Shares outstanding
- 18.64M
- Value of all listed warrants
- $13.42K (0.0% of market cap)
Market cap is the last share price times shares outstanding (as of 2026-08-07). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.0031
- Price / model
Get Pro to see whether SWAGW is cheap or rich against our model.
Dilution
- Shares outstanding
- 18.64M
- Listed warrants
- 4.33M
- Dilution if all exercised
- 23.2%
Warrant count from filing notes, read by hand (high): IPO Warrants (publicly-traded warrants).
Filings and events
Questions about SWAGW
When does the SWAGW warrant expire?
SWAGW expires on December 8, 2026.
What is the strike price of SWAGW?
$5.18 per share; each warrant converts into 1 share, so exercising one warrant costs $5.18.
Can Stran & Company, Inc. redeem the SWAGW warrants early?
The source filing we read lists no stock-price redemption trigger.
How many SWAGW warrants are outstanding?
4.33M listed warrants, equal to 23.2% dilution if all are exercised.