Company: WKSP
Filing Date: 2025-03-28
Form Type: S-1
Source: 0001641172-25-001309
Chunk: 57

Company: Worksport Ltd
Filing Date: 2025-03-28
Form: S-1
Chunk 57
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, without the requirement for the Company to be in compliance with the
current public information under Rule 144 under the Securities Act or any other rule of similar effect or (ii) all of the securities have
been sold pursuant to this prospectus or Rule 144 under the Securities Act or any other rule of similar effect. The resale securities
will be sold only through registered or licensed brokers or dealers if required under applicable state securities laws. In addition, in
certain states, the resale securities covered hereby may not be sold unless they have been registered or qualified for sale in the applicable
state or an exemption from the registration or qualification requirement is available and is complied with.

Under applicable rules and regulations under the Exchange
Act, any person engaged in the distribution of the resale securities may not simultaneously engage in market making activities with respect
to the Common Stock for the applicable restricted period, as defined in Regulation M, prior to the commencement of the distribution. In
addition, the Selling Stockholders will be subject to applicable provisions of the Exchange Act and the rules and regulations thereunder,
including Regulation M, which may limit the timing of purchases and sales of the Common Stock by the Selling Stockholders or any other
person. We will make copies of this prospectus available to the Selling Stockholders and have informed them of the need to deliver a copy
of this prospectus to each purchaser at or prior to the time of the sale (including by compliance with Rule 172 under the Securities Act).

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<div align='center'>DESCRIPTION OF CAPITAL STOCK</div>

The following description of our Common Stock summarizes
the material terms and provisions and may not contain all the information that is important to you. For the complete terms of our Common
Stock, please refer to our amended and restated articles of incorporation, as amended (“Articles of Incorporation”) and our
amended and restated bylaws (“Bylaws”), which are filed as exhibits to the registration statement of which this prospectus
forms a part. See “Where You Can Find More Information.” The Nevada Revised Statutes (“NRS”) may also affect
the terms of these securities. The summary below is qualified in its entirety by reference to our Articles of Incorporation and Bylaws,
each as in effect at the time of any offering of securities under this prospectus.

As of March 27, 2025, our authorized capital stock
consists of 29,900,000 shares of Common Stock, par value $0.0001 per share,