Company: WKSP
Filing Date: 2025-04-28
Form Type: DEF 14C
Source: 0001641172-25-006481
Chunk: 1

Company: Worksport Ltd
Filing Date: 2025-04-28
Form: DEF 14C
Chunk 1
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Majority Stockholder”) as of the Record Date. Except as otherwise indicated by the context, references in this Information Statement to “we,” “us” or “our” are references to Worksport Ltd., a Nevada corporation.

The Written Consent approved an amendment to the Amended and Restated Articles of Incorporation of the Company, as amended (the “Articles of Incorporation”), through the adoption of a Certificate of Amendment, the form of which is attached as Appendix A to this Information Statement (the “Certificate of Amendment”), to increase the total number of authorized shares of capital stock from 30,900,000 to 55,000,000, consisting of an increase in the authorized number of shares of Common Stock from 29,900,000 to 45,000,000 and an increase in the number of authorized shares of preferred stock from 1,000,000 to 10,000,000 (the “Increase in Authorized Shares”).

The Written Consent constitutes the consent of a majority of the voting power of the outstanding shares of stock and is sufficient under the Nevada Revised Statutes (“NRS”) and our amended and restated bylaws (“Bylaws”) to approve the actions described herein. Accordingly, the Increase in Authorized Shares is not presently being submitted to our other stockholders for a vote. Pursuant to Rule 14c-2 under the Exchange Act, the action described herein will not be implemented until a date at least twenty (20) days after the date on which this Information Statement has been first mailed to the stockholders.

WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND A PROXY.

This Information Statement has been filed with the U.S. Securities and Exchange Commission (the “SEC”) and is being furnished, pursuant to Section 14C of the Exchange Act to the holders of voting and non-voting stock (“Stockholders”) to notify the Stockholders of the approval of the Increase in Authorized Shares. Stockholders of record at the close of business on April 17, 2025 are entitled to notice of the Written Consent. Because this action has been approved by the holders of the required majority of the voting power of our outstanding shares of stock, no proxies were or are being solicited. The Increase in Authorized Shares will not be effected until at least 20 calendar days after the mailing of the Information Statement accompanying this Notice. We will mail the Notice of Stockholder Action by Written Consent to the Stockholders on or about April 28,