secwatch.observer — SEC 8-K summary
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Issuer:     Worksport Ltd (WKSP)
CIK:        0001096275
Form:       8-K
Filed at:   2025-09-30T23:59:59+00:00
Accession:  0001493152-25-016187
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Worksport B2B dealer network up 42% QoQ; B2B revenue grows 25% monthly
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- Active dealer network grew to 266 from 187 since June, a 42% increase in one quarter.
- B2B revenue compounding at 25% geometric average monthly rate; August set record B2B sales.
- Gross margins improved from 11% (Q4 2024) to 31% (July 2025) on branded product shift.
- HD3 tonneau cover and new model for Spring 2026; SOLIS/COR clean-tech on track for late Q4 2025.
- Hyundai partnership for SOLIS solar cover continues; CEO says company entering strongest growth phase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1096275/000149315225016187/0001493152-25-016187-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1096275/000149315225016187/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-016187

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