Worksport Ltd SEC Filings

Worksport Ltd. (WKSP) filed a current report to share a corporate update under Regulation FD. On November 18, 2025, the company issued a press release titled “Worksport ($WKSP) Accelerates U.S. Expansion With Major Missouri Operations Upgrade to Integrate Custom SOLIS Solar Covers, Signaling Next Phase of Growth.” The filing mainly serves to furnish this press release as an exhibit, indicating a planned upgrade of its Missouri operations to support custom SOLIS solar covers as part of its next growth phase. The information furnished under this item is not deemed filed for liability purposes under the securities laws.

Worksport Ltd. has filed a Form S-3 shelf registration to offer up to $30,000,000 of common stock, preferred stock, debt securities, warrants and units, including up to $4,000,000 of common stock through an amended at-the-market program with H.C. Wainwright & Co. This replaces an earlier shelf that is no longer effective. As of November 14, 2025, public float was about $30.3 million, limiting primary sales under this shelf to roughly one-third of that amount in any 12‑month period under the relevant SEC rule.

The company highlights new products such as its SOLIS solar tonneau cover, COR portable power system and AetherLux heat pump platform, alongside recent steps including a 1‑for‑10 reverse stock split and an increase in authorized common and preferred shares. Worksport reports a going concern qualification, with a net loss of about $13.1 million for the nine months ended September 30, 2025, cash of approximately $3.8 million and an accumulated deficit of about $77.6 million, partly offset by a $10.0 million Regulation A raise completed in October 2025.

Worksport Ltd. (WKSP) reported Q3 2025 results showing strong top-line growth but continued losses and a going concern warning. Net sales rose to $5.0 million for the quarter (up 61% year over year) and to $11.4 million for the nine months (up 104%). Gross margin improved to 31.3% in Q3 from 7.9% a year ago, reflecting production efficiencies.

The company posted a Q3 net loss of $4.93 million and a nine‑month net loss of $13.12 million, with operating expenses rising as it scales manufacturing and sales. Cash and cash equivalents were $3.76 million as of September 30, 2025, with $3.29 million available on its revolving credit facility and working capital of $6.31 million. Operating cash outflow was $11.19 million year‑to‑date, offset by $11.14 million from financing, including warrant exercises and proceeds from a Regulation A offering.

The filing notes substantial doubt about the company’s ability to continue as a going concern without additional financing and improved cash generation. Subsequent updates included completing the Regulation A offering, HD3 tonneau cover production start, an announced November 28, 2025 launch date for SOLIS and COR, and further Series C conversions. Shares outstanding were 8,254,389 as of November 13, 2025.

Worksport Ltd. (WKSP) furnished a Regulation FD update via Form 8-K, attaching a press release as Exhibit 99.1. The release headline reports 61% revenue growth and a 31% margin in Q3 2025, and states the company is positioned for 2026 profitability with a $45M+ revenue target.

The disclosure is identified under Item 7.01 (furnished, not filed), which means it is provided for informational purposes and is not incorporated into Securities Act filings unless specifically referenced. The filing lists the Nasdaq trading symbol WKSP and includes the exhibit delivering these metrics and targets.

Worksport Ltd. (WKSP) furnished an Item 7.01 Regulation FD update stating it issued a press release titled “WORKSPORT ANNOUNCES FINAL PRICING AND INITIAL MODEL LINEUP FOR SOLIS SOLAR TONNEAU COVER.” The disclosure is provided as information and is not deemed filed under the Exchange Act. The press release is included as Exhibit 99.1. Worksport’s common stock trades on the Nasdaq under the symbol WKSP.

Worksport Ltd. (WKSP) furnished a Regulation FD update announcing it issued a press release titled “Worksport Releases Final COR System Specifications & Pricing.” The company provided this update under Item 7.01.

The information is being furnished, not filed under the Exchange Act, and is not subject to Section 18 liabilities or incorporated by reference unless specifically stated. The press release is included as Exhibit 99.1.

Worksport Ltd. (WKSP) furnished an 8-K under Item 7.01 announcing a press release titled “Worksport ($WKSP) to Showcase SOLIS™ and COR™ at SEMA 2025, Expanding Global Distribution Opportunities.” The company states this information is furnished, not filed, and thus not subject to Section 18 liabilities or automatically incorporated into other filings.

The filing includes Exhibit 99.1 containing the press release and a cover page Inline XBRL data file. The report date and earliest event reported are November 3, 2025.

Worksport Ltd. (WKSP) filed its definitive proxy for the 2025 Annual Meeting, to be held on December 11, 2025 at 9:00 a.m. ET in West Seneca, NY. Stockholders will vote to elect five directors, ratify Lumsden & McCormick, LLP as auditor for fiscal 2025, approve and ratify certain non‑plan stock option grants under Nasdaq Listing Rule 5635(c), amend the 2022 Equity Incentive Plan, and approve a potential adjournment.

The plan amendment would change the evergreen formula to quarterly and increase the evergreen percentage from 15% to 18% of outstanding common stock as of each quarter‑end. The Board recommends voting FOR all proposals. Voting power includes common stock at one vote per share and Series A Preferred Stock entitled to 51% of total voting power, all of which is beneficially owned by CEO Steven Rossi. The record date is October 16, 2025.

The proxy also summarizes governance structures and executive compensation, including option modifications and outstanding equity awards, and notes a clawback policy adopted on October 2, 2023.

Worksport Ltd. (WKSP) furnished an Item 7.01 Regulation FD update, noting it issued a press release titled “Worksport Announces Official Launch Date for SOLIS and COR Clean Energy Products.” The press release is provided as Exhibit 99.1.

The information furnished under Item 7.01, and Exhibit 99.1, is not deemed “filed” under Section 18 of the Exchange Act. The filing also includes Exhibit 104 for the cover page Inline XBRL data.