WKSP 8-K
Worksport Ltd (WKSP)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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CURRENT REPORT
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Item 7.01 Regulation FD Disclosure.
On November 18, 2025, Worksport Ltd. (the “Company”) issued a press release: “Worksport ($WKSP) Accelerates U.S. Expansion With Major Missouri Operations Upgrade to Integrate Custom SOLIS Solar Covers, Signaling Next Phase of Growth” A copy of the press release is attached hereto as Exhibit 99.1.
The information under Item 7.01 of this Current Report on Form 8-K and the exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, or incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release dated November 18, 2025, “Worksport ($WKSP) Accelerates U.S. Expansion With Major Missouri Operations Upgrade to Integrate Custom SOLIS Solar Covers, Signaling Next Phase of Growth” | |
| 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: November 18, 2025 | By: | /s/ Steven Rossi |
| Name: | Steven Rossi | |
| Title: | Chief Executive Officer (Principal Executive Officer) | |
Exhibit 99.1
Worksport ($WKSP) Accelerates U.S. Expansion With Major Missouri Operations Upgrade to Integrate Custom SOLIS Solar Covers, Signaling Next Phase of Growth
Newly Leased Facility Strengthens Operational Capacity, Enhances Engineering Oversight, and Accelerates Commercial Readiness
West Seneca, New York, November 18, 2025 – Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based innovator in advanced manufacturing, clean energy technologies and automotive accessories, serving both consumer and reseller markets, today announced a strategic expansion of its U.S. operation capability with the opening of a newly leased facility in Missouri that will serve as the Company’s dedicated assembly center for the SOLIS solar-integrated tonneau cover. This milestone marks a significant progression in Worksport’s growth strategy, elevating the Company’s operational scale, geographic reach, engineering integration, and commercial readiness as it moves into the clean-tech commercialization phase.
A Strategic Operation Decision That Strengthens Worksport’s Growth Path
SOLIS solar-integrated tonneau covers are assembled in Missouri, using advanced engineering to integrate imported solar and electronic systems with U.S.-based assembly, testing, and distribution. The decision to initiate SOLIS assembly in Missouri is rooted in both operational strategy and long-term scalability. Missouri provides a central U.S. location that optimizes national shipping routes, reduces outbound logistics costs, and offers access to a skilled workforce co-located with Worksport’s experienced industrial engineering team.
This expansion more than triples the footprint of Worksport’s previous Missouri based R&D only location. The Company has secured the new facility under a three-year lease and anticipates the need for additional expansion before the term concludes due to ongoing optimization efforts and growing demand. While the Company’s 152,000 sq ft Buffalo, NY facility continues scaling production of its AL-platform covers, Missouri will take on the new growth phase of Worksport, the SOLIS solar cover. Missouri will also serve as a distribution hub for the Worksport COR.
“Missouri positions Worksport at the center of U.S. logistics and gives us critical access to our engineering talent that can support the technical requirements of SOLIS,” said Steven Rossi, CEO of Worksport. “This is an investment in efficiency, capacity, and quality. It is also a strong signal that Worksport is strategically scaling.”
Direct Oversight Between Engineering and Assembly Enhances Quality and Speed
The Missouri facility is located alongside the Company’s expanded R&D center, creating a direct integration between engineering, testing, and final assembly for the solar cover platform. This proximity allows Worksport to refine the SOLIS assembly process in real time, improve product performance, and accelerate the transition from early assembly to high volume operations.
SOLIS requires specialized operators trained in electronic wiring, circuitry, and solar assembly to attach specialized solar panels to Worksport’s tonneau cover platform. Consolidating these capabilities near the engineering team strengthens quality control and ensures rapid iteration as the product moves into expanded volumes.
“We can literally walk prototypes from the lab into the assembly area, validate improvements, and deploy them immediately,” Rossi continued. “This is how premium products are developed, and this structure gives us a competitive advantage.”
High Operational Leverage With Minimal Capital Expenditure
Worksport reports that the expansion in Missouri required very little capital investment, thanks to compatibility with existing equipment and processes. This low-CapEx expansion increases operational leverage at a time when the Company is scaling into higher-margin products for significantly broader markets.
The Company highlights the following advantages:
| ● | More capacity without significant spend |
| ● | Faster commercialization timelines for SOLIS |
| ● | Lower risk and higher returns on the Company’s growth initiatives |
‘Build-to-Order’ System Elevates Customer Experience and Financial Efficiency
Final SOLIS units will be produced in the USA from domestic and imported components, using Missouri assembly; Worksport’s ‘build-to-order’ model offers several advantages over traditional inventory-based manufacturing:
| ● | Every cover incorporates the most up-to-date components, firmware, and engineering | |
| ● | Units ship directly to customers, reducing storage damage risks and handling costs. | |
| ● | The system supports higher-quality output, tighter cost controls, and improved working capital efficiency. | |
| ● | Capacity naturally scales with demand, offering strong operational flexibility. |
This model aligns Worksport with best practices seen in high-end electronics and premium automotive manufacturing.
Availability and launch timing
The SOLIS Solar Cover and COR Portable Energy System will be available for order on November 28, 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.