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Worksport Ltd
Worksport Ltd's registration statement became effective with the SEC on October 13, 2026. This effectiveness allows the company to proceed with the issuance or sale of the registered securities.…more
Worksport Ltd
Worksport Ltd. has registered an additional 1,452,276 shares of common stock under its 2022 Equity Incentive Plan. This registration reflects the automatic share increases effective July 1, 2026, and October 1, 2026, pursuant to the plan's evergreen provision. Consequently, the total number of shares registered for issuance under the plan has reached 3,423,860, intended for employee compensation purposes.…more
Worksport Ltd
Worksport recorded $2.92 million in sales orders for August 2026, bringing its annualized sales-order run rate to $35.05 million. Preliminary net sales for August reached $2.34 million, a 5.6% increase from the previous month, while the company has maintained a gross margin above 30% for four consecutive months.…more
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Worksport Reports August Preliminary Sales Orders of ~$2.92M
Worksport announced preliminary August sales orders of approximately $2.92 million, marking a 16.4% increase from July. The company also reported a rise in month-end backlog to $898,000, indicating that order intake outpaced invoicing.…more
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Worksport has announced that its COR portable power system is now available for purchase on Amazon Marketplace. While expanding sales channels is a positive step, the lack of specific revenue impact data keeps the outlook neutral.…more
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Worksport is repricing existing warrants to a lower strike price and issuing new warrants to raise approximately $2.3 million in gross proceeds. This financing move increases the potential for share dilution, which may negatively impact existing shareholders.…more
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