secwatch.observer — SEC 8-K summary
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Issuer:     Worksport Ltd (WKSP)
CIK:        0001096275
Form:       8-K
Filed at:   2026-08-14T21:00:25+00:00
Accession:  0001493152-26-038479
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Worksport receives Nasdaq delisting notice for bid price below $1.00
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- On Aug 13, 2026, Nasdaq notified Worksport that bid price was below $1.00 for 30 consecutive business days (Jul 1-Aug 12, 2026).
- Company has 180 days, until Feb 9, 2027, to regain compliance; needs $1.00 closing bid for 10 consecutive business days.
- May be eligible for an additional 180-day cure period if it meets other Nasdaq Capital Market listing standards.
- No immediate effect on listing; WKSP continues trading on Nasdaq Capital Market during compliance period.
- Company will monitor bid price and consider options, including a reverse stock split if necessary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1096275/000149315226038479/0001493152-26-038479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1096275/000149315226038479/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-038479

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