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8-K

Worksport Ltd (WKSP)

8-K 2025-09-23 For: 2025-09-23
View Original
Added on April 08, 2026

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): September 23, 2025

WORKSPORT

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

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

2500N America Dr

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

(888)554-8789

Registrant’s

telephone number, including area code

NotApplicable(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<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement<br> 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<br> 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. ☐



Item7.01 Regulation FD Disclosure.


On September 23, 2025, Worksport Ltd. (the “Company”) issued a press release: “Worksport ($WKSP) Corporate Update:Record Margins, Strategic Expansion, Imminent Product Launch”. 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.

Item9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description
99.1 Press<br> Release dated September 23, 2025, “Worksport ($WKSP) Corporate Update: Record Margins, Strategic Expansion, Imminent Product Launch”
104 Cover<br> 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:<br> September 23, 2025 By: /s/ Steven Rossi
Name: Steven<br> Rossi
Title: Chief<br> Executive Officer
(Principal Executive Officer)

Exhibit99.1

Worksport($WKSP) Corporate Update: Record Margins, Strategic Expansion, Imminent Product Launch


Q3revenue on record pace; SOLIS & COR to launch late Q4; Terravis pursuing validation and global partnerships

West Seneca, New York, September 23, 2025 – Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, today provided a comprehensive corporate update for September 2025, highlighting strong revenue growth, expanding margins, and progress across its flagship SOLIS, COR, and Terravis product lines.

1. The Company is excited to report that Q3 2025 is pacing to be another record quarter, with gross margins exceeding 30% and expected to climb further as production scales.

This follows an 83% sequential revenue increase reported in Q2 2025 and sets the stage for continued momentum as Worksport advances toward profitability.

“Our growth is accelerating every single month,” said Steven Rossi, Chief Executive Officer (CEO) of Worksport. “Margins are strengthening, sales are growing, and the upcoming launch of our COR & SOLIS clean-tech products will introduce Worksport to entirely new multi-billion-dollar markets. We are building a foundation not just for near-term growth, but for long-term leadership in clean energy and automotive innovation.”

**2.**The Company is announcing that the highly anticipated SOLIS Solar Tonneau Cover and COR Portable Energy System remain on schedule for commercial launch in late Q4 2025, in time for Holiday sales. Initial shipments are expected to fulfill existing pre-orders before opening a new round of consumer pre-orders.

Worksport CEO recently demonstrated the products’ performance:

COR powered a large industrial fan under 120°F conditions, showcasing its reliability<br> in extreme environments.
SOLIS generated more power than the fan consumed, replenishing the COR battery faster than<br> it discharged—underscoring the system’s potential as a true clean energy nano-grid.

The Company is projecting $2-3 million in potential revenue from SOLIS and COR in 2025, with 2026 expected to see 8-figure growth potential as sales expand across both business-to-consumer (B2C) and business-to-business (B2B) channels.

**3.**Worksport management is exploring strategic distribution facility expansions within the Southeast and West Coast of the U.S, to support its rapidly expanding B2C business. These facilities are expected to lower shipping times and costs, further enhancing customer experience while driving efficiencies at scale. Worksport believes this model will be a successful pilot for increased e-commerce sales and scale.

**4.**Worksport subsidiary Terravis Energy continues to make significant strides in advancing its AetherLux ZeroFrost Heat Pump program. The product continues to see expanding market opportunities:

Ongoing<br> discussions are underway with multi-billion-dollar corporations and government officials.
Third-party validation programs are being initiated to further prove the heat pump system’s<br> general performance superiority, along with performance in extreme climates.
The<br> roadmap includes finalizing a manufacturing partner, pursuing certifications, and advancing<br> to launch, anticipated in mid-2026.

Management also emphasized that potential licensing opportunities remain under consideration, highlighting the broad technological and commercial reach of ZeroFrost technology.

“Our story is one of acceleration and execution,” Rossi added. “We’re seeing record sales, record margins, and transformative product launches right around the corner. With Terravis attracting global attention and SOLIS & COR heading to market, we believe Worksport is on the verge of a breakout.”

Forfurther information:


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

W: investors.worksport.com W: www.worksport.com E: investors@worksport.com

Connectwith Worksport Chief Executive Officer, Steven Rossi

Steven Rossi X (Twitter)

Steven Rossi LinkedIn

Join: Worksport’s Newsletter

AboutWorksport


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.


Connectwith Worksport

Please follow the Company’s social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram (collectively, the “Accounts”), 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.



SocialMedia 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-LookingStatements

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.