STOCK TITAN

Worksport, Ltd. S-3 Filings

WKSP NASDAQ

Every S-3 that Worksport, Ltd. (WKSP) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A S-3 covers the shelf registration that lets an established company sell over time, so if you follow WKSP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WKSP filings page.

Rhea-AI Summary

Worksport Ltd. is registering for resale up to 4,800,526 common shares issuable upon exercise of Inducement Warrants held by selling stockholder Armistice Capital LLC. Worksport will receive no proceeds from those resales. It estimates proceeds of approximately $2,880,316 if all warrants are exercised for cash at $0.60 per share; cashless exercise is allowed in specified circumstances. The warrants are exercisable from February 28, 2027 through February 28, 2032, subject to beneficial-ownership limits of 4.99%, which may be raised to 9.99% after at least 61 days’ prior notice. In the August 2026 inducement transaction, the holder exercised 3,840,421 existing warrants and Worksport received approximately $2,304,253 in gross proceeds.

Separately, Worksport disclosed substantial doubt about its ability to continue as a going concern. For the six months ended June 30, 2026, its net loss was approximately $9.8 million; cash was $1.2 million and revolving-line availability was $0.8 million as of that date. Nasdaq notified the company that it did not meet the $1.00 minimum bid-price requirement and gave it 180 calendar days, through February 9, 2027, to regain compliance.

Rhea-AI Summary

Worksport Ltd. has filed a resale registration covering up to 3,840,421 shares of common stock issuable upon exercise of outstanding inducement warrants held by Armistice Capital. The company is not selling shares in this transaction and will not receive proceeds from any resale, but could receive approximately $11.5 million if all inducement warrants are exercised for cash at $3.00 per share.

As of January 20, 2026, Worksport had 9,814,865 common shares outstanding, which would rise to 13,655,286 if all inducement warrants are exercised. The business designs and sells truck bed tonneau covers and is expanding into clean‑energy products such as the SOLIS solar tonneau cover, COR portable energy system, and Terravis Aetherlux heat pump technology.

The company highlights substantial risks, including recurring losses, a going‑concern warning, dependence on external financing, potential stock price volatility, and significant voting control held by its CEO through preferred stock. Shares are listed on Nasdaq under the symbol WKSP.

Rhea-AI Summary

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.