{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-011167","form_type":"8-K","ticker":"WKSP","cik":"0001096275","company_name":"Worksport Ltd","filed_at":"2025-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.922820+00:00","generated_at":"2026-05-24T08:18:42.050245+00:00","sec_items":["5.03","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Worksport Ltd. effects 1-for-10 reverse stock split effective March 18, 2025","bullets":["1-for-10 reverse stock split effective March 18, 2025; authorized shares reduced proportionally.","No fractional shares issued; stockholders receiving fractional shares get one whole post-split share.","Trading symbol remains 'WKSP'; new CUSIP number 98139Q308 assigned.","Outstanding stock options and equity incentive plans adjusted proportionally for the split."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-011167","json":"https://secwatch.observer/filing/0001493152-25-011167.json","markdown":"https://secwatch.observer/filing/0001493152-25-011167.md","text":"https://secwatch.observer/filing/0001493152-25-011167.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1096275/000149315225011167/0001493152-25-011167-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1096275/000149315225011167/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T08:18:42.050245+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ca96bfdc08d8a94c564de3a5b52379f8ae624fdd","claim":"Worksport Ltd: Certificate of Change filed with Nevada Secretary of State effecting a 1-for-10 reverse stock split and decreasing authorized shares proportionally, effective March 18, 2025 (effective 2025-03-18).","evidence_excerpt":"Worksport Ltd, a Nevada corporation (the “Company”), filed a Certificate of Change to its Articles of Incorporation with the Nevada Secretary of State (the “Certificate of Change”) to effect a reverse split of the Company’s outstanding shares of common stock, par value $0.0001 per share (the “Common Stock”), at a ratio of 1-for-10 (the “Reverse Stock Split”), on March 18, 2025, and simultaneously decrease the total number of authorized shares of Common Stock at the same ratio as the Reverse Stock Split.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1096275/000149315225011167/0001493152-25-011167-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-03-18"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}