---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-030034"
form_type: "8-K"
ticker: "WKSP"
cik: "0001096275"
company_name: "Worksport Ltd"
filed_at: "2026-06-25T12:01:42+00:00"
generated_at: "2026-06-25T12:05:32.087879+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Worksport regains Nasdaq $1 bid price, reports 35% May gross margin, $36M+ revenue run-rate target

## Summary
- Stock closed above $1.00 on June 24, regaining Nasdaq minimum bid price compliance; increased 75% in 5 trading days.
- Preliminary May gross margin of ~35%, up ~660 bps from Q1's 28.4%, despite aluminum inflation.
- Meyer Distributing added as national partner; Worksport projects $36M+ annual revenue run-rate, current run-rate $21M+.
- CEO Rossi elected to receive shares in lieu of cash compensation; completed two direct investments including premium-priced one.
- Live investor town hall scheduled for June 30 at 12:05 PM ET with CEO Rossi.

## SEC filing metadata
- accession: 0001493152-26-030034
- form_type: 8-K
- ticker: WKSP
- cik: 0001096275
- company_name: Worksport Ltd
- filed_at: 2026-06-25T12:01:42+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1096275/000149315226030034/0001493152-26-030034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1096275/000149315226030034/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-030034
- JSON: https://secwatch.observer/filing/0001493152-26-030034.json
- Plain text: https://secwatch.observer/filing/0001493152-26-030034.txt

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