---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-016097"
form_type: "8-K"
ticker: "WKSP"
cik: "0001096275"
company_name: "Worksport Ltd"
filed_at: "2021-07-02T23:59:59+00:00"
generated_at: "2026-06-30T07:26:57.167819+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Worksport appoints two independent directors and forms board committees for Nasdaq listing

## Summary
- Appointed William Caragol and Ambassador Ned L. Siegel as independent directors effective June 30, 2021.
- Audit Committee reconstituted with Craig Loverock (chair), Caragol, and Siegel; Loverock deemed financial expert.
- Compensation Committee established (Caragol chair, Loverock, Siegel); Nominating and Governance Committee (Siegel chair, Loverock, Caragol).
- Appointments and committee actions taken in connection with Worksport's listing application to Nasdaq Capital Market; approval not assured.

## SEC filing metadata
- accession: 0001493152-21-016097
- form_type: 8-K
- ticker: WKSP
- cik: 0001096275
- company_name: Worksport Ltd
- filed_at: 2021-07-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1096275/000149315221016097/0001493152-21-016097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1096275/000149315221016097/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-016097
- JSON: https://secwatch.observer/filing/0001493152-21-016097.json
- Plain text: https://secwatch.observer/filing/0001493152-21-016097.txt

## Key facts
- Executive change
  William Caragol was appointed as Director at Worksport Ltd.
  - Action: appointed
  - Role: Director
  source text: Effective June 30, 2021, the Board of Directors (the “ Board ”) of Worksport Ltd., a Nevada corporation (the “ Company ”), appointed Mr. William Caragol and Mr. Ambassador Ned L. Siegel as members of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1096275/000149315221016097/0001493152-21-016097-index.htm
- Executive change
  Ambassador Ned L. Siegel was appointed as Director at Worksport Ltd.
  - Action: appointed
  - Role: Director
  source text: Effective June 30, 2021, the Board of Directors (the “ Board ”) of Worksport Ltd., a Nevada corporation (the “ Company ”), appointed Mr. William Caragol and Mr. Ambassador Ned L. Siegel as members of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1096275/000149315221016097/0001493152-21-016097-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.