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Red Flags Detected

  • Voting Control (new) — CEO Steven Rossi holds 51% voting power through Series A Preferred Stock, concentrating control and limiting other shareholders' influence.
  • Going Concern (new) — The auditor's report includes substantial doubt about the company's ability to continue as a going concern.
  • Material Weakness (new) — The company has identified material weaknesses in its internal control over financial reporting.
NASDAQ: WKSP Worksport Ltd 424B5

Worksport Ltd files for ATM offering of up to $493,000 of common stock at market prices

Filed August 7, 2026 · ~1 min read

Key Changes

  • high

    The company may sell up to $493,000 of common stock at prevailing market prices under an At the Market Offering Agreement with Wainwright.

    The Offering verify on EDGAR →
  • medium

    Net proceeds, if any, are intended for working capital and general corporate purposes; actual proceeds are uncertain as there is no minimum offering amount.

    Use of Proceeds verify on EDGAR →
  • medium

    The company had 15,298,333 shares outstanding before the offering; the last reported sale price was $0.7122 per share on August 6, 2026.

    The Offering verify on EDGAR →

3 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 1, 2026 · How we verify