Armistice Capital reports 4.99% stake in WORKSPORT

WORKSPORT LTD. ownership disclosure: Armistice Capital, LLC and Steven Boyd report beneficial ownership of 611,096 shares of Common stock, representing 4.99% of the class.

Rhea-AI Filing Summary

WORKSPORT LTD. ownership disclosure: Armistice Capital, LLC and Steven Boyd report beneficial ownership of 611,096 shares of Common stock, representing 4.99% of the class. The filing states Armistice Capital acts as investment manager to the Master Fund and Mr. Boyd may be deemed to beneficially own the shares. The Master Fund disclaims beneficial ownership under its Investment Management Agreement. The filing is a joint Schedule 13G/A amendment dated May 15, 2026.

Insights

Institutional Ownership Analyst

Armistice reports a sub-5% passive stake in WORKSPORT.

Armistice Capital and Steven Boyd disclose beneficial ownership of 611,096 shares (4.99%), consistent with a passive Section 13 filing route. The filing attributes voting and dispositive power to Armistice under an Investment Management Agreement.

The Master Fund expressly disclaims beneficial ownership due to its agreement with Armistice; subsequent filings would show any change above the 5% threshold. Ownership is presented as joint and amended on May 15, 2026.

Corporate Governance Specialist

Joint filing clarifies voting/dispositive structure and attribution.

The statement explains Armistice Capital acts as investment manager and Mr. Boyd, as managing member, "may be deemed" a beneficial owner, while the Master Fund disclaims ownership because it lacks voting/dispositive authority under its Investment Management Agreement.

Material governance considerations hinge on voting power disclosures and any future amendments that change the 4.99% position; timing and further changes would appear in subsequent amendments.

Key Figures

Shares beneficially owned: 611,096 shares Percent of class: 4.99% Filing date: May 15, 2026

3 metrics

Shares beneficially owned 611,096 shares Amount beneficially owned as reported

Percent of class 4.99% Percent of Common stock reported

Filing date May 15, 2026 Signature date of the Schedule 13G/A amendment

Key Terms

Investment Management Agreement, Beneficial ownership, Schedule 13G/A

3 terms

Investment Management Agreement regulatory

"Master Fund specifically disclaims beneficial ownership of the securities ... as a result of its Investment Management Agreement"

An investment management agreement is a written contract that hires a professional to make buying, selling and strategy decisions for an investment account or fund, and sets out their duties, fees, risk limits, performance measures and reporting requirements. It matters to investors because the agreement determines who controls the money, how much the service costs, what risks are allowed, and how success or failure is measured—think of it as the service contract that defines expectations and remedies for a hired portfolio manager.

Beneficial ownership financial

"Armistice Capital exercises voting and investment power over the securities ... and thus may be deemed to beneficially own the securities"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Schedule 13G/A regulatory

"Item 1. ... Item 2. | (a) | Name of person filing: Armistice Capital, LLC ..."

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake does Armistice Capital report in WORKSPORT (WKSP)?

Armistice Capital and Steven Boyd report beneficial ownership of 611,096 shares, representing 4.99% of Common stock, as disclosed in the Schedule 13G/A amendment dated May 15, 2026.

Does the Master Fund claim beneficial ownership of the shares?

No. The filing states the Master Fund expressly disclaims beneficial ownership because it lacks voting and dispositive authority under its Investment Management Agreement with Armistice Capital.

Who holds voting and dispositive power over the reported shares?

The filing attributes shared voting and shared dispositive power of 611,096 shares to Armistice Capital; Mr. Steven Boyd is described as the managing member who may be deemed to beneficially own the shares.

Is this ownership above the 5% reporting threshold?

No. The disclosed stake is 4.99%, which the filing categorizes as ownership of 5 percent or less of the class and is reported on a Schedule 13G/A amendment.

Was this filing submitted jointly or individually?

The filing is a joint filing by Armistice Capital, LLC and Steven Boyd under Rule 13d-1(k), with signatures dated May 15, 2026 acknowledging joint responsibility for subsequent amendments.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/15/2026 - 11:02 AM EDT Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

WORKSPORT LTD.

(Name of Issuer)

Common

(Title of Class of Securities)

98139Q308

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 98139Q308

1

Names of Reporting Persons

Armistice Capital, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 611,096.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 611,096.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

611,096.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.99 %

12

Type of Reporting Person (See Instructions)

IA, OO

SCHEDULE 13G

CUSIP Number(s): 98139Q308

1

Names of Reporting Persons

Steven Boyd

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 611,096.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 611,096.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

611,096.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.99 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: WORKSPORT LTD.
(b)	Address of issuer's principal executive offices: 2500 N AMERICA DR., WEST SENECA, NY, 14224
Item 2.
(a)	Name of person filing: Armistice Capital, LLC Steven Boyd Collectively, the "Reporting Persons"
(b)	Address or principal business office or, if none, residence: Armistice Capital, LLC 510 Madison Avenue, 7th Floor New York, New York 10022 United States of America Steven Boyd c/o Armistice Capital, LLC 510 Madison Avenue, 7th Floor New York, New York 10022 United States of America
(c)	Citizenship: Armistice Capital, LLC - Delaware; Steven Boyd - United States of America
(d)	Title of class of securities: Common
(e)	CUSIP No.: 98139Q308
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 611,096
(b)	Percent of class: 4.99%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 611,096
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 611,096 Armistice Capital, LLC ("Armistice Capital") is the investment manager of Armistice Capital Master Fund Ltd. (the "Master Fund"), the direct holder of the Shares, and pursuant to an Investment Management Agreement, Armistice Capital exercises voting and investment power over the securities of the Issuer held by the Master Fund and thus may be deemed to beneficially own the securities of the Issuer held by the Master Fund. Mr. Boyd, as the managing member of Armistice Capital, may be deemed to beneficially own the securities of the Issuer held by the Master Fund. The Master Fund specifically disclaims beneficial ownership of the securities of the Issuer directly held by it by virtue of its inability to vote or dispose of such securities as a result of its Investment Management Agreement with Armistice Capital.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Master Fund, a Cayman Islands exempted company that is an investment advisory client of Armistice Capital, has the right to receive dividends from, or the proceeds from the sale of, the reported securities.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Armistice Capital, LLC

Signature:	/s/ Steven Boyd
Name/Title:	Steven Boyd - Managing Member
Date:	05/15/2026

Steven Boyd

Signature:	/s/ Steven Boyd
Name/Title:	Steven Boyd
Date:	05/15/2026

Exhibit Information

JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on Schedule 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: May 15, 2026 Armistice Capital, LLC By: /s/ Steven Boyd Steven Boyd - Managing Member Steven Boyd By: /s/ Steven Boyd