---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-029959"
form_type: "8-K"
ticker: "WKSP"
cik: "0001096275"
company_name: "Worksport Ltd"
filed_at: "2026-06-24T21:20:15+00:00"
generated_at: "2026-06-24T21:22:22.387955+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Worksport raises $723k in two registered direct offerings; first at $1.20/unit (100% premium to market)

## Summary
- First offering: 208,333 units (share + warrant) at $1.20/unit for $250k gross; warrants at $1.50, 5-year term.
- Second offering: 675,529 shares at $0.70/share for ~$473k gross; no warrants issued.
- Both closings on June 18, 2026; proceeds for working capital and general corporate purposes.
- Investor expressed interest in evaluating up to $10 million additional financing, subject to conditions.
- Q1 2026 net sales $3.3M (+47.9% YoY), gross profit $854k (+115.5% YoY), gross margin 26%.

## SEC filing metadata
- accession: 0001493152-26-029959
- form_type: 8-K
- ticker: WKSP
- cik: 0001096275
- company_name: Worksport Ltd
- filed_at: 2026-06-24T21:20:15+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1096275/000149315226029959/0001493152-26-029959-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1096275/000149315226029959/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-029959
- JSON: https://secwatch.observer/filing/0001493152-26-029959.json
- Plain text: https://secwatch.observer/filing/0001493152-26-029959.txt

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