{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-015628","form_type":"8-K","ticker":"WKSP","cik":"0001096275","company_name":"Worksport Ltd","filed_at":"2025-06-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.508131+00:00","generated_at":"2026-05-19T02:29:39.555408+00:00","sec_items":["1.01","3.02","3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Worksport closes initial $160K tranche of 8% Series C preferred Reg A offering","bullets":["Issued 49,335 Units at $3.25/Unit in initial closing of up to 3.1M Unit Reg A offering.","Gross proceeds $160,339; net proceeds $149,115 after $11,224 in commissions/expenses.","Each Unit: one share of 8% Series C Convertible Preferred ($3.25 liquidation preference) plus one warrant to buy common at $4.50.","Preferred pays 8% cumulative annual dividend, convertible to common subject to 9.99% ownership cap, mandatory conversion after 2 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-015628","json":"https://secwatch.observer/filing/0001641172-25-015628.json","markdown":"https://secwatch.observer/filing/0001641172-25-015628.md","text":"https://secwatch.observer/filing/0001641172-25-015628.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1096275/000164117225015628/0001641172-25-015628-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1096275/000164117225015628/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T02:29:39.555408+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":"62068fa71efd46fc26044b6719e1acf2319ff973","claim":"Worksport Ltd: Filed Certificate of Designation for 8% Series C Convertible Preferred Stock, designating 3,100,000 shares (effective 2025-06-13).","evidence_excerpt":"On June 13, 2025, in connection with the Offering, the Company filed the Certificate of Designation of the 8% Series C Convertible Preferred Stock with the Secretary of State of the State of Nevada, designating 3,100,000 shares of such series.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1096275/000164117225015628/0001641172-25-015628-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-06-13"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}