Worksport Ltd — fact timeline

Worksport Ltd issued 79,618 shares of common stock to Steven Rossi for $0.6280 per share, for an aggregate purchase price of $50,000.10.

“On June 5, 2026, Worksport Ltd. (the “Company”) issued 79,618 shares of its common stock, par value $0.001 per share (the “Common Stock”), to its Chief Executive Officer, Steven Rossi, at a purchase price of $0.6280 per share, which represented the closing price of the Common Stock on the Nasdaq Capital Market on June 5, 2026, for an aggregate purchase price of $50,000.10.”

Jennifer Kartychak was appointed as Chief Financial Officer at Worksport Ltd.

“On April 30, 2026, the Board appointed Jennifer Kartychak as the Company’s Chief Financial Officer, effective May 1, 2026.”

Michael Johnston resigned as Chief Financial Officer at Worksport Ltd.

“On April 30, 2026, Michael Johnston informed Worksport Ltd., a Nevada corporation (the “Company”), of his resignation as the Company’s Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer.”

Worksport Ltd issued 88,214 shares of common stock to Steven Rossi for $0.8502 per share.

“On April 13, 2026, Worksport Ltd. (the “Company”) issued to its Chief Executive Officer, Steven Rossi, 88,214 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), at a deemed price of $0.8502 per share, representing the closing price of the Company’s Common Stock on the Nasdaq Capital Market on April 10, 2026, for an aggregate value of $75,000.”

Worksport Ltd entered into Inducement Letter with a certain holder (the “Holder”) of existing warrants valued at approximately $6,400,000 (effective 2025-12-11).

“On December 11, 2025, Worksport Ltd., a Nevada corporation (the “Company”), entered into a common stock warrant exercise inducement offer letter (the “Inducement Letter”) with a certain holder (the “Holder”) of existing warrants to purchase shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), at a weighted average exercise price of $6.82, issued on March 20, 2024 and March 3, 2025, respectively (the “Existing Warrants”). Pursuant to the Inducement Letter, the Holder agreed to exercise for cash its Existing Warrants to purchase an aggregate of 2,194,526 shares of Common Stock at a reduced exercise price of $2.90 per share, in consideration for the Company’s agreement to issue new warrants (the “Inducement Warrants”) having terms as described below, to purchase up to 3,840,421 shares of Common Stock (the “Inducement Warrant Shares”). The Company expects to receive aggregate gross proceeds of approximately $6,400,000 from the exercise of the Existing War”

Worksport Ltd issued up to 3,840,421 shares of Common Stock of warrant to a certain holder (the "Holder") of existing warrants for reduced exercise price of $2.90 per share.

“the Inducement Letter, the Holder agreed to exercise for cash its Existing Warrants to purchase an aggregate of 2,194,526 shares of Common Stock at a reduced exercise price of $2.90 per share, in consideration for the Company’s agreement to issue new warrants (the “Inducement Warrants”) having terms as described below, to purchase up to 3,840,421 shares of”

Worksport Ltd: Filed Certificate of Designation for 8% Series C Convertible Preferred Stock, designating 3,100,000 shares (effective 2025-06-13).

“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.”

Worksport Ltd: Certificate of Change filed with Nevada Secretary of State effecting a 1-for-10 reverse stock split and decreasing authorized shares proportionally, effective March 18, 2025 (effective 2025-03-18).

“Worksport Ltd, a Nevada corporation (the “Company”), filed a Certificate of Change to its Articles of Incorporation with the Nevada Secretary of State (the “Certificate of Change”) to effect a reverse split of the Company’s outstanding shares of common stock, par value $0.0001 per share (the “Common Stock”), at a ratio of 1-for-10 (the “Reverse Stock Split”), on March 18, 2025, and simultaneously decrease the total number of authorized shares of Common Stock at the same ratio as the Reverse Stock Split.”

Worksport Ltd reported the first quarter of its fiscal year (Q1 FY 2024) ended March 31, 2024 results: revenue $512,637.

“2024: Explosive Growth: Worksport Ltd. reported a staggering 1,506% increase in North American sales for Q1 2024 from Q1 2023, with revenues soaring from $31,925 in Q1 2023 to $512,637 in Q1 2024. US revenue alone experienced a remarkable 1,766% increase in Q1 2024 compared to Q1 2023. Worksport CEO, Steven Rossi said, "We are proud to see such encouraging early”

Worksport Ltd received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

“April 19, 2024, Worksport Ltd. (the “Company”) received written notice from The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it had failed to maintain a minimum bid price of at least $1.00 per share for the prior 30 consecutive trading day period from March 7, 2024 to April 18, 2024, based upon the closing bid price for its common stock as required by Nasdaq Listing Rule 5550(a)(2). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days, or until October 16, 2024, to regain compliance with the minimum bid requirement under Nasdaq Listing Rule 5550(a)(”

Worksport Ltd entered into a equity purchase.

“. Unregistered Sales of Equity Securities. In a concurrent private placement with the offering disclosed in Item 1.01 of this Current Report on Form 8-K, the Company also issued the Purchaser unregistered warrants (the “Warrants”) to purchase up to an aggregate of 7,700,264 shares (the “Warrant Shares”).”

Worksport Ltd shareholders approved Adjournment of the meeting to permit further solicitation of proxies, if necessary or appropriate at the 2023-12-12 meeting.

“Adjournment of the meeting to permit further solicitation of proxies, if necessary or appropriate Votes For Votes Against Abstentions 22,518,031 375,948 89,055”

Worksport Ltd shareholders approved Ratification of the selection of Lumsden & McCormick, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-12-12 meeting.

“Ratification of the selection of Lumsden & McCormick, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 : Votes For Votes Against Abstentions 22,812,658 98,578 71,798”

Worksport Ltd shareholders approved Election of the five nominees to the Board at the 2023-12-12 meeting.

“Election of the five nominees to the Board: Name Votes For Votes Against Withheld Broker Non-Votes Steven Rossi 20,082,288 0 126,518 2,774,228 Lorenzo Rossi 20,056,495 0 152,311 2,774,228 Craig Loverock 19,867,925 0 340,881 2,774,228 William Caragol 19,869,546 0 339,260 2,774,228 Ned L. Siegel 19,865,416 0 343,390 2,774,228”

Worksport Ltd reported a default on loan of $5,300,000 with Northeast Bank.

“On November 16, 2023, Worksport Ltd. (the "Company") received notice from Northeast Bank alleging that Worksport New York Operations Corporation (the "Borrower"), a wholly owned subsidiary of the Company, breached the terms of a loan agreement dated as of May 4, 2022, by and between the Company and the Borrower (the "Loan Agreement"), relating to a loan in the amount of $5,300,000.”

Worksport Ltd entered into Placement Agency Agreement with Maxim Group LLC (effective 2023-10-31).

“On October 31, 2023, the Company also entered into a placement agency agreement (the “Placement Agency Agreement”) with Maxim Group LLC (the “Placement Agent”) as the exclusive placement agent in connection with the offering.”

Worksport Ltd entered into Securities Purchase Agreement with a certain institutional investor (effective 2023-10-31).

“On October 31, 2023, Worksport Ltd., a Nevada corporation (the “Company”), entered into a securities purchase agreement (the “Securities Purchase Agreement”) with a certain institutional investor (the “Purchaser”) pursuant to which the Company sold, in a registered direct offering, an aggregate of (i) 1,925,000 shares (the “Shares”) of common stock, par value $0.0001 per share, of the Company (“Common Stock”); and (ii) 1,575,000 pre-funded warrants (the “Pre-funded Warrants”) to purchase up to 1,575,000 shares of Common Stock (the “Pre-funded Warrant Shares”).”

Worksport Ltd engaged Lumsden McCormick CPA as its auditor.

“On November 18, 2022, the Company engaged Lumsden McCormick CPA (“Lumsden”) to serve as the Company’s independent registered public accounting firm, effective November 18, 2022 (the “Engagement Date”).”

Worksport Ltd shareholders approved Adjournment of the meeting to permit further solicitation of proxies, if necessary or appropriate at the 2022-11-14 meeting.

“3. Adjournment of the meeting to permit further solicitation of proxies, if necessary or appropriate : Votes For Votes Against Abstentions 21,504,482 310,271 59,405 The affirmative vote of the holders of a majority of the outstanding shares was required for approval. The proposal was approved.”

Worksport Ltd shareholders approved Approval of Worksport Ltd 2022 Equity Incentive Plan at the 2022-11-14 meeting.

“2. Approval of Worksport Ltd 2022 Equity Incentive Plan : Votes For Votes Against Abstentions Broker Non-Votes 18,945,665 407,196 99,763 2,421,534 The affirmative vote of the holders of a majority of the outstanding shares was required for approval. The Worksport Ltd 2022 Equity Incentive Plan was approved.”

Worksport Ltd shareholders approved Election of the five nominees to the Board at the 2022-11-14 meeting.

“1. Election of the five nominees to the Board: Name Votes For Withheld Broker Non-Votes Steve Rossi 19,402,906 49,718 2,421,534 Lorenzo Rossi 19,271,775 180,849 2,421,534 Craig Loverock 19,336,232 116,392 2,421,534 William Caragol 19,338,371 114,253 2,421,534 Ned L. Siegel 19,337,608 115,016 2,421,534 Each director nominee was elected to serve as a director until the Company’s 2023 annual meeting of stockholders, or until such person’s successor is duly elected and qualified, or until such person’s earlier resignation, death, or removal. Due to the fact that directors are elected by a plurality of the votes cast, votes could only be cast in favor of or withheld from the nominees and thus votes against were not applicable.”

Ambassador Ned L. Siegel was appointed as Director at Worksport Ltd.

“Effective June 30, 2021, the Board of Directors (the “ Board ”) of Worksport Ltd., a Nevada corporation (the “ Company ”), appointed Mr. William Caragol and Mr. Ambassador Ned L. Siegel as members of the Board.”

William Caragol was appointed as Director at Worksport Ltd.

“Effective June 30, 2021, the Board of Directors (the “ Board ”) of Worksport Ltd., a Nevada corporation (the “ Company ”), appointed Mr. William Caragol and Mr. Ambassador Ned L. Siegel as members of the Board.”