Worksport 8-K Highlights Crypto Growth and OEM Talks

Rhea-AI Filing Summary

Worksport Ltd. (Nasdaq: WKSP) filed a Form 8-K on 7 Aug 2025 to furnish a Regulation FD press release (Ex. 99.1). The release, titled “Worksport ($WKSP) Issues Corporate Update,” states that the Company has doubled its Bitcoin holdings, expanded domestic production capacity, entered new discussions with automotive OEMs, and launched brand-visibility initiatives. No financial statements, earnings figures, or transaction details accompany the filing. Management emphasizes that the disclosure is “furnished” and will not be incorporated into other SEC filings unless specifically referenced.

Positive

• Bitcoin holdings doubled, indicating increased digital-asset exposure and potential balance-sheet diversification.
• Domestic production capacity scaled, which could reduce lead times and boost margin once quantified.
• Initiation of new automotive OEM discussions may open incremental revenue channels.

Negative

• None.

Insights

Equity Analyst

TL;DR: 8-K furnishes upbeat operational update but lacks hard numbers—impact appears modest for now.

The Company signals strategic momentum: Bitcoin allocation doubled, U.S. manufacturing scale-up, and fresh OEM dialogues. While directionally positive, the absence of quantified metrics (BTC balance, capacity in units, or revenue implications) prevents rigorous valuation impact. Investors should watch for follow-up disclosures detailing capital deployment and potential OEM contracts before adjusting models.

Corporate Disclosure Specialist

TL;DR: Routine FD furnishing; provides visibility, not material obligations.

Item 7.01 treatment means the information is non-binding and avoids Section 18 liability. Lack of Item 2.01, 2.02, or 8.01 items suggests no consummated transactions or financial results. The filing mainly directs investors to the press release; therefore the market impact hinges on external media uptake rather than the filing itself.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 7, 2025

WORKSPORT LTD.
(Exact name of registrant as specified in its charter)

Nevada		001-40681		35-2696895
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

2500 N America Dr

West Seneca, New York 14224
(Address of principal executive offices) (ZIP Code)

(888) 554-8789

Registrant’s telephone number, including area code

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbols		Name of each exchange on which registered
Common		WKSP		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure.

On August 7, 2025, Worksport Ltd. (the “Company”) issued a press release: “Worksport ($WKSP) Issues Corporate Update: Bitcoin Holdings Double, Production Capacity Scales, New Automotive OEM Discussions, and Brand Visibility Initiatives”. A copy of the press release is attached hereto as Exhibit 99.1.

The information under Item 7.01 of this Current Report on Form 8-K and the exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, or incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
99.1		Press Release dated August 7, 2025, “Worksport ($WKSP) Issues Corporate Update: Bitcoin Holdings Double, Production Capacity Scales, New Automotive OEM Discussions, and Brand Visibility Initiatives”
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

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.

	WORKSPORT LTD.
Date: August 7, 2025	By:	/s/ Steven Rossi
	Name:	Steven Rossi
	Title:	Chief Executive Officer (Principal Executive Officer)

FAQ

What did Worksport (WKSP) disclose in the 8-K filed on August 7 2025?

The filing furnishes a press release noting doubled Bitcoin holdings, expanded production capacity, new OEM talks, and brand-visibility efforts.

Does the 8-K include Worksport’s Q2 2025 earnings?

No. The report is limited to a Regulation FD corporate update; no earnings or financial statements are provided.

Is the information in Item 7.01 deemed filed with the SEC?

No. Worksport expressly states the information is "furnished," not "filed," and is not subject to Section 18 liability unless later incorporated by reference.

Are there details on the size of Worksport’s Bitcoin position?

The filing only states that Bitcoin holdings have doubled; it does not reveal the absolute amount.

What future catalysts should investors monitor after this update?

Look for quantified production metrics, finalized OEM agreements, and subsequent financial disclosures detailing the Bitcoin position’s impact.