Company: WKSP
Filing Date: 2025-11-14
Form Type: S-3
Source: 0001493152-25-023663
Chunk: 73

Company: Worksport Ltd
Filing Date: 2025-11-14
Form: S-3
Chunk 73
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. Wainwright & Co., LLC, or the “Sales Agent”, relating to shares of our common stock, par value $0.001 per share, offered by this prospectus supplement and the accompanying prospectus. In accordance with the terms of the Sales Agreement, we may offer and sell shares of our common stock having an aggregate offering price of up to $4,000,000 from time to time through the Sales Agent, acting as sales agent.

Our common stock is listed on The Nasdaq Capital Market under the symbol “WKSP.” On November 13, 2025, the last reported sale price of our common stock on the Nasdaq Capital Market was $2.155 per share.

Sales of our common stock, if any, under this prospectus supplement and the accompanying prospectus will be made in sales deemed to be an “at the market offering” as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933, as amended, or the Securities Act, including sales made directly on or through The Nasdaq Capital Market, the existing trading market for our common stock, or any other existing trading market in the Unites States for our common stock, sales made to or through a market maker other than on an exchange or otherwise, directly to the Sales Agent as principal, in negotiated transactions at market prices prevailing at the time of sale or at prices related to such prevailing market prices, and/or in any other method permitted by law. The Sales Agent is not required to sell any specific amount of securities, but will act as our sales agent using commercially reasonable efforts consistent with its normal trading and sales practices, on mutually agreed terms between the Sales Agent and us. There is no arrangement for funds to be received in any escrow, trust or similar arrangement.

As of November 14, 2025, the aggregate market value of our outstanding common stock held by non-affiliates was approximately $30,282,403, calculated based on 8,254,389 shares of common stock outstanding, of which 8,000,635 shares were held by non-affiliates, and a per share price of $3.785, which was the closing price of our common stock on the Nasdaq Capital Market on October 9, 2025 (a date within 60 days of the date of this prospectus).

Pursuant to General Instruction I.B.6 of Form S-3, we may not sell in primary offerings under the accompanying prospectus more than one-third of