---
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"
generated_at: "2026-05-19T02:29:39.555408+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Worksport closes initial $160K tranche of 8% Series C preferred Reg A offering

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.03, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-015628
- JSON: https://secwatch.observer/filing/0001641172-25-015628.json
- Plain text: https://secwatch.observer/filing/0001641172-25-015628.txt

## Key facts
- Governance Changes
  Worksport Ltd: Filed Certificate of Designation for 8% Series C Convertible Preferred Stock, designating 3,100,000 shares (effective 2025-06-13).
  - Change: charter amendment
  - Effective: 2025-06-13
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1096275/000164117225015628/0001641172-25-015628-index.htm

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