Company: WKSP
Filing Date: 2025-03-28
Form Type: S-8
Source: 0001641172-25-001299
Chunk: 1

Company: Worksport Ltd
Filing Date: 2025-03-28
Form: S-8
Chunk 1
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 align='center'>Explanatory Note</div>

On March 18, 2025, Worksport Ltd. effected a 1-for-10 reverse stock split (the “Split”), reducing the total number of outstanding shares of common stock, par value $0.0001 per share, including those available under the Worksport Ltd. 2022 Equity Incentive Plan (the “Plan”). The Plan contains an evergreen provision, which automatically adjusts the share reserve on January 1 of each year to equal 15% of the total outstanding shares as of December 31 of the prior year. As a result of this provision and the Split, the total number of shares available under the Plan, after adjustments, is 600,433 post-split shares, of which 251,851 shares of common stock were previously registered under the Company’s prior Form S-8 registration statement filed with the Securities and Exchange Commission on April 14, 2023. This Form S-8 registers an additional 329,100 post-split shares of common stock to ensure compliance with the Plan’s updated share reserve and facilitate the continued issuance of equity awards to eligible participants.

<div align='center'>PART I

INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</div>

The documents containing the information specified in “Item 1. Plan Information” and “Item 2. Registrant Information and Employee Plan Annual Information” of Form S-8 will be sent or given to participants of the Registrant’s 2022 Equity Incentive Plan, as specified by Rule 428(b)(1) under the Securities Act of 1933, as amended (the “Securities Act”). Such documents are not required to be, and are not, filed with the Securities and Exchange Commission (the “Commission”) either as part of this Registration Statement or as a prospectus or prospectus supplement pursuant to Rule 424 under the Securities Act. These documents and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II of Form S-8, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.

<div align='center'>PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</div>

Item 3. Incorporation of Documents by Reference

The Commission allows us to “incorporate by reference” the information we file with it, which means that we can disclose important information to you by referring you to those documents instead of having to