STOCK TITAN

[8-K] Worksport, Ltd. Warrant Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

On 31 Jul 2025 AGCO Corporation filed an 8-K announcing the release of its Q2-25 earnings press release (Exhibit 99.1). No numerical results are included in the filing itself, but management highlights the use of multiple non-GAAP measures—adjusted income from operations, adjusted operating margin, adjusted EPS, net sales ex-FX/acquisitions and free cash flow—to provide what it views as clearer insight into underlying performance.

Adjustments exclude restructuring & business-optimisation costs, amortisation of PTx Trimble intangibles, impairment charges, transaction costs linked to forming the PTx Trimble JV, divesting most of the Grain & Protein («G&P») unit, losses on that divestiture and discrete tax items. The company notes that these items were significant in both 2024 and 2025 but may not recur.

Management continues to monitor cash generation and indebtedness through free cash flow. The 8-K specifies that the information and exhibit are «furnished» rather than «filed», limiting liability under the Exchange Act. No guidance, balance-sheet data or cash-flow figures accompany the notice; investors must refer to the attached press release for quantitative details.

Il 31 luglio 2025 AGCO Corporation ha presentato un 8-K annunciando la pubblicazione del comunicato stampa relativo ai risultati del secondo trimestre 2025 (Allegato 99.1). Nel documento non sono inclusi dati numerici, ma la direzione sottolinea l’utilizzo di diverse misure non-GAAP—reddito operativo rettificato, margine operativo rettificato, EPS rettificato, vendite nette al netto di cambi e acquisizioni e flusso di cassa libero—per offrire una visione più chiara delle performance sottostanti.

Le rettifiche escludono i costi di ristrutturazione e ottimizzazione aziendale, ammortamenti degli intangibili PTx Trimble, svalutazioni, costi di transazione legati alla costituzione della joint venture PTx Trimble, la cessione della maggior parte dell’unità Grain & Protein («G&P»), le perdite da tale cessione e voci fiscali straordinarie. L’azienda segnala che tali elementi sono stati rilevanti sia nel 2024 che nel 2025, ma potrebbero non ripetersi.

La direzione continua a monitorare la generazione di cassa e l’indebitamento tramite il flusso di cassa libero. L’8-K specifica che le informazioni e l’allegato sono «forniti» e non «depositati», limitando così la responsabilità ai sensi dell’Exchange Act. Non sono presenti indicazioni previsionali, dati di bilancio o flussi di cassa nel documento; gli investitori devono consultare il comunicato stampa allegato per i dettagli quantitativi.

El 31 de julio de 2025, AGCO Corporation presentó un 8-K anunciando la publicación de su comunicado de prensa con los resultados del segundo trimestre de 2025 (Exhibición 99.1). No se incluyen resultados numéricos en el documento, pero la dirección destaca el uso de múltiples medidas no GAAP: ingreso operativo ajustado, margen operativo ajustado, EPS ajustado, ventas netas excluyendo FX/adquisiciones y flujo de caja libre, para proporcionar una visión más clara del desempeño subyacente.

Los ajustes excluyen los costos de reestructuración y optimización empresarial, amortización de intangibles de PTx Trimble, cargos por deterioro, costos de transacción vinculados a la formación de la JV PTx Trimble, la desinversión de la mayor parte de la unidad Grain & Protein («G&P»), pérdidas en dicha desinversión y partidas fiscales discretas. La compañía señala que estos elementos fueron significativos tanto en 2024 como en 2025, pero podrían no repetirse.

La dirección continúa monitoreando la generación de efectivo y el endeudamiento a través del flujo de caja libre. El 8-K especifica que la información y el anexo son «proporcionados» y no «presentados», limitando la responsabilidad bajo la Exchange Act. No se incluyen guías, datos de balance o cifras de flujo de caja en el aviso; los inversores deben consultar el comunicado de prensa adjunto para detalles cuantitativos.

2025년 7월 31일 AGCO Corporation은 8-K 보고서를 제출하여 2025년 2분기 실적 보도자료(증빙자료 99.1)의 공개를 발표했습니다. 보고서 자체에는 수치 결과가 포함되어 있지 않지만, 경영진은 기본 실적에 대한 더 명확한 통찰을 제공하기 위해 조정 영업이익, 조정 영업 마진, 조정 주당순이익, 환율 및 인수 효과를 제외한 순매출, 자유 현금 흐름 등 여러 비 GAAP 지표를 사용했다고 강조했습니다.

조정 항목에는 구조조정 및 사업 최적화 비용, PTx Trimble 무형자산 상각, 손상차손, PTx Trimble JV 설립 관련 거래 비용, Grain & Protein(«G&P») 부문의 대부분 매각, 해당 매각 손실 및 별도 세금 항목이 제외됩니다. 회사는 이러한 항목이 2024년과 2025년 모두에 중요했지만 반복되지 않을 수 있다고 언급했습니다.

경영진은 자유 현금 흐름을 통해 현금 창출과 부채 상황을 계속 모니터링하고 있습니다. 8-K는 정보와 증빙자료가 ‘제출(furnished)’되었으며 ‘파일(filed)’되지 않았음을 명시하여 증권거래법상 책임을 제한합니다. 안내, 대차대조표 데이터 또는 현금 흐름 수치는 포함되어 있지 않으며, 투자자들은 정량적 세부사항을 위해 첨부된 보도자료를 참조해야 합니다.

Le 31 juillet 2025, AGCO Corporation a déposé un 8-K annonçant la publication de son communiqué de presse sur les résultats du deuxième trimestre 2025 (Exhibit 99.1). Aucun résultat chiffré n’est inclus dans le dépôt lui-même, mais la direction met en avant l’utilisation de plusieurs mesures non-GAAP — résultat opérationnel ajusté, marge opérationnelle ajustée, BPA ajusté, ventes nettes hors effets de change/acquisitions et flux de trésorerie disponible — pour offrir ce qu’elle considère comme une meilleure compréhension de la performance sous-jacente.

Les ajustements excluent les coûts de restructuration et d’optimisation, amortissements des actifs incorporels PTx Trimble, charges de dépréciation, frais de transaction liés à la création de la coentreprise PTx Trimble, la cession de la majeure partie de l’unité Grain & Protein («G&P»), les pertes liées à cette cession ainsi que des éléments fiscaux spécifiques. La société note que ces éléments ont été significatifs en 2024 et 2025, mais pourraient ne pas se reproduire.

La direction continue de suivre la génération de trésorerie et l’endettement via le flux de trésorerie disponible. Le 8-K précise que les informations et l’exhibit sont « fournies » et non « déposées », limitant ainsi la responsabilité en vertu de l’Exchange Act. Aucun guide, données de bilan ou flux de trésorerie n’accompagne l’avis ; les investisseurs doivent se référer au communiqué de presse joint pour les détails quantitatifs.

Am 31. Juli 2025 reichte die AGCO Corporation ein 8-K-Formular ein, in dem die Veröffentlichung der Pressemitteilung zu den Ergebnissen des zweiten Quartals 2025 (Anlage 99.1) angekündigt wurde. Im Formular selbst sind keine Zahlen enthalten, aber das Management hebt die Verwendung mehrerer non-GAAP-Kennzahlen hervor – bereinigtes Betriebsergebnis, bereinigte operative Marge, bereinigtes Ergebnis je Aktie, Nettoumsatz ohne Wechselkurseffekte und Akquisitionen sowie freier Cashflow –, um einen klareren Einblick in die zugrundeliegende Performance zu geben.

Die Anpassungen schließen Restrukturierungs- und Geschäftsoptimierungskosten, Abschreibungen auf immaterielle Vermögenswerte von PTx Trimble, Wertminderungen, Transaktionskosten im Zusammenhang mit der Gründung des PTx Trimble JV, den Verkauf des Großteils der Grain & Protein («G&P») Einheit, Verluste aus diesem Verkauf und einzelne Steuerposten aus. Das Unternehmen weist darauf hin, dass diese Posten sowohl 2024 als auch 2025 signifikant waren, aber möglicherweise nicht wiederkehren.

Das Management überwacht weiterhin die Cash-Generierung und Verschuldung über den freien Cashflow. Im 8-K wird angegeben, dass die Informationen und die Anlage „bereitgestellt“ und nicht „eingereicht“ wurden, was die Haftung nach dem Exchange Act einschränkt. Es sind keine Prognosen, Bilanzdaten oder Cashflow-Zahlen im Hinweis enthalten; Investoren müssen sich für quantitative Details auf die beigefügte Pressemitteilung beziehen.

Positive
  • Transparency: Management provides detailed descriptions of each non-GAAP adjustment and includes reconciliations in the exhibit.
  • Focus on cash generation: Continued emphasis on free cash flow indicates priority on deleveraging and capital discipline.
Negative
  • Multiple one-off charges: Restructuring, impairment and transaction costs signal ongoing operational disruptions.
  • Lack of figures in 8-K: Investors must seek the separate press release to obtain actual revenue and earnings data.

Insights

TL;DR – 8-K signals earnings release with heavy adjustments; actual numbers absent, so impact unclear.

The notice is materially important because it points to AGCO’s Q2-25 results, but without hard figures investors cannot gauge performance. Management stresses adjusted metrics that strip out one-time costs tied to the PTx Trimble JV and G&P divestiture, implying these events distorted GAAP results. Frequent restructuring expenses and impairment charges suggest ongoing optimisation efforts that could weigh on near-term profitability. The exhibit is furnished, not filed, reducing legal exposure. Overall, the filing flags potential volatility but offers limited actionable data until the press release is consulted.

Il 31 luglio 2025 AGCO Corporation ha presentato un 8-K annunciando la pubblicazione del comunicato stampa relativo ai risultati del secondo trimestre 2025 (Allegato 99.1). Nel documento non sono inclusi dati numerici, ma la direzione sottolinea l’utilizzo di diverse misure non-GAAP—reddito operativo rettificato, margine operativo rettificato, EPS rettificato, vendite nette al netto di cambi e acquisizioni e flusso di cassa libero—per offrire una visione più chiara delle performance sottostanti.

Le rettifiche escludono i costi di ristrutturazione e ottimizzazione aziendale, ammortamenti degli intangibili PTx Trimble, svalutazioni, costi di transazione legati alla costituzione della joint venture PTx Trimble, la cessione della maggior parte dell’unità Grain & Protein («G&P»), le perdite da tale cessione e voci fiscali straordinarie. L’azienda segnala che tali elementi sono stati rilevanti sia nel 2024 che nel 2025, ma potrebbero non ripetersi.

La direzione continua a monitorare la generazione di cassa e l’indebitamento tramite il flusso di cassa libero. L’8-K specifica che le informazioni e l’allegato sono «forniti» e non «depositati», limitando così la responsabilità ai sensi dell’Exchange Act. Non sono presenti indicazioni previsionali, dati di bilancio o flussi di cassa nel documento; gli investitori devono consultare il comunicato stampa allegato per i dettagli quantitativi.

El 31 de julio de 2025, AGCO Corporation presentó un 8-K anunciando la publicación de su comunicado de prensa con los resultados del segundo trimestre de 2025 (Exhibición 99.1). No se incluyen resultados numéricos en el documento, pero la dirección destaca el uso de múltiples medidas no GAAP: ingreso operativo ajustado, margen operativo ajustado, EPS ajustado, ventas netas excluyendo FX/adquisiciones y flujo de caja libre, para proporcionar una visión más clara del desempeño subyacente.

Los ajustes excluyen los costos de reestructuración y optimización empresarial, amortización de intangibles de PTx Trimble, cargos por deterioro, costos de transacción vinculados a la formación de la JV PTx Trimble, la desinversión de la mayor parte de la unidad Grain & Protein («G&P»), pérdidas en dicha desinversión y partidas fiscales discretas. La compañía señala que estos elementos fueron significativos tanto en 2024 como en 2025, pero podrían no repetirse.

La dirección continúa monitoreando la generación de efectivo y el endeudamiento a través del flujo de caja libre. El 8-K especifica que la información y el anexo son «proporcionados» y no «presentados», limitando la responsabilidad bajo la Exchange Act. No se incluyen guías, datos de balance o cifras de flujo de caja en el aviso; los inversores deben consultar el comunicado de prensa adjunto para detalles cuantitativos.

2025년 7월 31일 AGCO Corporation은 8-K 보고서를 제출하여 2025년 2분기 실적 보도자료(증빙자료 99.1)의 공개를 발표했습니다. 보고서 자체에는 수치 결과가 포함되어 있지 않지만, 경영진은 기본 실적에 대한 더 명확한 통찰을 제공하기 위해 조정 영업이익, 조정 영업 마진, 조정 주당순이익, 환율 및 인수 효과를 제외한 순매출, 자유 현금 흐름 등 여러 비 GAAP 지표를 사용했다고 강조했습니다.

조정 항목에는 구조조정 및 사업 최적화 비용, PTx Trimble 무형자산 상각, 손상차손, PTx Trimble JV 설립 관련 거래 비용, Grain & Protein(«G&P») 부문의 대부분 매각, 해당 매각 손실 및 별도 세금 항목이 제외됩니다. 회사는 이러한 항목이 2024년과 2025년 모두에 중요했지만 반복되지 않을 수 있다고 언급했습니다.

경영진은 자유 현금 흐름을 통해 현금 창출과 부채 상황을 계속 모니터링하고 있습니다. 8-K는 정보와 증빙자료가 ‘제출(furnished)’되었으며 ‘파일(filed)’되지 않았음을 명시하여 증권거래법상 책임을 제한합니다. 안내, 대차대조표 데이터 또는 현금 흐름 수치는 포함되어 있지 않으며, 투자자들은 정량적 세부사항을 위해 첨부된 보도자료를 참조해야 합니다.

Le 31 juillet 2025, AGCO Corporation a déposé un 8-K annonçant la publication de son communiqué de presse sur les résultats du deuxième trimestre 2025 (Exhibit 99.1). Aucun résultat chiffré n’est inclus dans le dépôt lui-même, mais la direction met en avant l’utilisation de plusieurs mesures non-GAAP — résultat opérationnel ajusté, marge opérationnelle ajustée, BPA ajusté, ventes nettes hors effets de change/acquisitions et flux de trésorerie disponible — pour offrir ce qu’elle considère comme une meilleure compréhension de la performance sous-jacente.

Les ajustements excluent les coûts de restructuration et d’optimisation, amortissements des actifs incorporels PTx Trimble, charges de dépréciation, frais de transaction liés à la création de la coentreprise PTx Trimble, la cession de la majeure partie de l’unité Grain & Protein («G&P»), les pertes liées à cette cession ainsi que des éléments fiscaux spécifiques. La société note que ces éléments ont été significatifs en 2024 et 2025, mais pourraient ne pas se reproduire.

La direction continue de suivre la génération de trésorerie et l’endettement via le flux de trésorerie disponible. Le 8-K précise que les informations et l’exhibit sont « fournies » et non « déposées », limitant ainsi la responsabilité en vertu de l’Exchange Act. Aucun guide, données de bilan ou flux de trésorerie n’accompagne l’avis ; les investisseurs doivent se référer au communiqué de presse joint pour les détails quantitatifs.

Am 31. Juli 2025 reichte die AGCO Corporation ein 8-K-Formular ein, in dem die Veröffentlichung der Pressemitteilung zu den Ergebnissen des zweiten Quartals 2025 (Anlage 99.1) angekündigt wurde. Im Formular selbst sind keine Zahlen enthalten, aber das Management hebt die Verwendung mehrerer non-GAAP-Kennzahlen hervor – bereinigtes Betriebsergebnis, bereinigte operative Marge, bereinigtes Ergebnis je Aktie, Nettoumsatz ohne Wechselkurseffekte und Akquisitionen sowie freier Cashflow –, um einen klareren Einblick in die zugrundeliegende Performance zu geben.

Die Anpassungen schließen Restrukturierungs- und Geschäftsoptimierungskosten, Abschreibungen auf immaterielle Vermögenswerte von PTx Trimble, Wertminderungen, Transaktionskosten im Zusammenhang mit der Gründung des PTx Trimble JV, den Verkauf des Großteils der Grain & Protein («G&P») Einheit, Verluste aus diesem Verkauf und einzelne Steuerposten aus. Das Unternehmen weist darauf hin, dass diese Posten sowohl 2024 als auch 2025 signifikant waren, aber möglicherweise nicht wiederkehren.

Das Management überwacht weiterhin die Cash-Generierung und Verschuldung über den freien Cashflow. Im 8-K wird angegeben, dass die Informationen und die Anlage „bereitgestellt“ und nicht „eingereicht“ wurden, was die Haftung nach dem Exchange Act einschränkt. Es sind keine Prognosen, Bilanzdaten oder Cashflow-Zahlen im Hinweis enthalten; Investoren müssen sich für quantitative Details auf die beigefügte Pressemitteilung beziehen.

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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): July 31, 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 July 31, 2025, Worksport Ltd. (the “Company”) issued a press release: “WKSP Invites You to Join Its Second Quarter 2025 Earnings Conference Call”. 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 July 31, 2025, “WKSP Invites You to Join Its Second Quarter 2025 Earnings Conference Call
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: July 31, 2025 By: /s/ Steven Rossi
  Name: Steven Rossi
  Title:

Chief Executive Officer

(Principal Executive Officer)

 

 

 

FAQ

Why did AGCO (AGCO) file an 8-K on 31 July 2025?

To furnish its Q2-25 earnings press release and outline the non-GAAP metrics used in that report.

What key adjustments does AGCO make to its GAAP results?

Adjustments remove restructuring and optimisation costs, PTx Trimble intangible amortisation, impairment charges, transaction costs, divestiture losses and discrete tax items.

Does the 8-K include AGCO's actual Q2-25 revenue and EPS?

No. Quantitative results are only in Exhibit 99.1, not in the body of the filing.

How does AGCO measure cash performance?

Management highlights free cash flow (operating cash flow minus capex) as its primary cash-generation metric.

What transactions affected AGCO's recent earnings adjustments?

The formation of the PTx Trimble joint venture and the divestiture of most of the Grain & Protein business.
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