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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT


Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 23, 2025

 

WORKSPORT LTD.
(Exact name of registrant as specified in its charter)

 

Nevada   001-40681   35-2696895
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

2500 N America Dr

West Seneca, New York 14224
(Address of principal executive offices) (ZIP Code)

 

(888) 554-8789

Registrant’s telephone number, including area code

 

Not Applicable
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbols   Name of each exchange on which registered
Common   WKSP   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On October 23, 2025, Worksport Ltd. (the “Company”) issued a press release: “Worksport Announces New HD3 Heavy-Duty Tonneau Cover Now in Production” A copy of the press release is attached hereto as Exhibit 99.1.

 

The information under Item 7.01 of this Current Report on Form 8-K and the exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, or incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Press Release dated October 23, 2025, “Worksport Announces New HD3 Heavy-Duty Tonneau Cover Now in Production”
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  WORKSPORT LTD.
   
Date: October 23, 2025 By: /s/ Steven Rossi
  Name: Steven Rossi
  Title: Chief Executive Officer
(Principal Executive Officer)

 

 

 

 

 

Exhibit 99.1

 

Worksport Announces New HD3 Heavy-Duty Tonneau Cover Now in Production

 

Purpose-built for the professional user, six models available now and over 25 models expected by December.

 

West Seneca, New York, October 23, 2025 – Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based innovator in advanced manufacturing and distributed clean energy technologies, serving both consumer and industrial markets, today that its new HD3 Heavy-Duty tonneau cover has officially entered production. The HD3 is a new hard-folding truck bed cover engineered for commercial and fleet applications, building on the success of Worksport’s AL3 and AL4 series.

 

Purpose-Built For Uptime And Protection

 

The HD3 represents Worksport’s newest addition to its hard-cover lineup. Designed for maximum durability and longevity, HD3 features upgraded materials, reinforced seals, and heavy-duty latching systems — a robust evolution of the AL3 platform that has powered Worksport’s growing domestic manufacturing success.

 

Sales Perspective And Product Growth

 

The HD3 is expected to be popular to commercial and fleet customers, expanding Worksport’s reach, with a product designed for more demanding users. To start, Worksport’s new HD3 will be available to current distributors, dealers, and strategic retailers. Initial sales are expected to begin shipping mid-November, just ahead of Thanksgiving — positioning the launch for strong year-end activity.

 

Worksport’s wholesale and B2B partners are expected to play a central role in early sales penetration, helping accelerate adoption within the fleet and commercial sectors, where the HD3’s durability and build quality are key differentiators.

 

Six models are already in production, including configurations for the popular Ford F-150 (5.5 ft), Chevrolet Silverado / GMC Sierra (6 ft), and Ram 1500 (5.5 ft). Two additional models are currently slated for production in the coming week, and the Company expects a rolling production schedule leading to 25 or more applications by December 2025.

 

What’s Next: More Growth Ahead

 

“Our product roadmap continues to gain momentum,” said Steven Rossi, Chief Executive Officer of Worksport. “HD3 is another step forward in expanding our hard-cover offerings and strengthening our presence in commercial markets. We’ve gone from AL3, which proved our U.S. production capability, to AL4 — our best-selling model released earlier this year — and now HD3, which is built to serve customers who need more durability and strength.”

 

 

 

 

Worksport also shared that exciting updates are coming soon regarding the upcoming SOLIS™ solar-integrated tonneau cover and COR™ portable power system. The Company expects to share additional growth and sales updates in the coming days and weeks as it continues to execute on its step-by-step expansion plan.

 

 

Product Photo: Worksport HD3 - October 21, 2025

 

Stay tuned for more information and join our mailing list to stay up to date with the latest: Join Worksport’s Newsletter.

 

Contacts

 

Investor Relations, Worksport Ltd. T: 1 (888) 554-8789-128

W: investors.worksport.com W: www.worksport.com E: [email protected]

 

Connect with Worksport Chief Executive Officer, Steven Rossi

 

Steven Rossi X (Twitter)

Steven Rossi LinkedIn

 

About Worksport

 

Worksport Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with Hyundai for the SOLIS Solar cover. Additionally, Worksport’s hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy’s website is terravisenergy.com.

 

 

 

 

Connect with Worksport

 

Please follow the Company’s social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram, the links of which are links to external third-party websites, as well as sign up for the Company’s newsletters at investors.worksport.com.

 

Social Media Disclaimer

 

The Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company. Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission (SEC”) filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.

 

Forward-Looking Statements

 

The information contained herein may contain “forward-looking statements.” Forward-looking statements reflect the current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “scheduled,” “expect,” “future,” “intend,” “plan,” “project,” “envisioned,” “should,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the SEC, including, without limitation, our latest Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.