Company: WKSP
Filing Date: 2025-11-14
Form Type: S-3
Source: 0001493152-25-023663
Chunk: 66

Company: Worksport Ltd
Filing Date: 2025-11-14
Form: S-3
Chunk 66
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 those securities, and we or any applicable trustee or depositary will make all payments on those securities to them. These institutions pass along the payments they receive to their customers who are the beneficial owners, but only because they agree to do so in their customer agreements or because they are legally required to do so. Investors who hold securities in street name will be indirect holders, not holders, of those securities.

Legal Holders

Our obligations, as well as the obligations of any applicable trustee and of any third parties employed by us or a trustee, run only to the legal holders of the securities. We do not have obligations to investors who hold beneficial interests in global securities, in street name or by any other indirect means. This will be the case whether an investor chooses to be an indirect holder of a security or has no choice because we are issuing the securities only in global form.

For example, once we make a payment or give a notice to the holder, we have no further responsibility for the payment or notice even if that holder is required, under agreements with depositary participants or customers or by law, to pass it along to the indirect holders but does not do so. Similarly, we may want to obtain the approval of the holders to amend an indenture, to relieve us of the consequences of a default or of our obligation to comply with a particular provision of the indenture or for other purposes. In such an event, we would seek approval only from the holders, and not the indirect holders, of the securities. Whether and how the holders contact the indirect holders is up to the holders.

Special Considerations for Indirect Holders

If you hold securities through a bank, broker, or other financial institution, either in book-entry form because the securities are represented by one or more global securities or in street name, you should check with your own institution to find out:

| ● | the                                           
 performance of third-party service providers; |
| ● | how                                           
 it handles securities payments and notices;   |

| 45 |

| ● | whether                                                                                                                                
 it imposes fees or charges;                                                                                                            |
| ● | how                                                                                                                                    
 it would handle a request for the holders’ consent, if ever required;                                                                  |
| ● | whether                                                                                                                                
 and how you can instruct it to send you securities registered in your own name so you can be a holder, if that is permitted in the     
 future;                                                                                                                                |
| ● | how                                                                                                                                    
 it would exercise rights under the securities if there were a default or other event triggering the need for holders