Company: WKSP
Filing Date: 2025-11-14
Form Type: S-3
Source: 0001493152-25-023663
Chunk: 26

Company: Worksport Ltd
Filing Date: 2025-11-14
Form: S-3
Chunk 26
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forcing a claim that a third party illegally obtained, and is using, trade secrets is expensive, time-consuming and unpredictable. The enforceability of confidentiality agreements may vary from jurisdiction to jurisdiction.

Failure to obtain or maintain trade secret protection could adversely affect our competitive position. Moreover, our competitors may independently develop substantially equivalent proprietary information and may even apply for patent protection in respect of the same. If successful in obtaining such patent protection, our competitors could limit our use of such trade secrets.

We may be subject to claims challenging the inventorship or ownership of our patents and other intellectual property.

We may also be subject to claims that former employees, suppliers, collaborators or other third parties have an ownership interest in our patents or other intellectual property. We may be subject to ownership disputes in the future arising, for example, from conflicting obligations of suppliers, consultants or others who are involved in developing our products. Litigation may be necessary to defend against these and other claims challenging inventorship or ownership. If we fail in defending any such claims, in addition to paying monetary damages, we may lose valuable intellectual property rights, such as exclusive ownership of, or right to use, valuable intellectual property. Such an outcome could have a material adverse effect on our business. Even if we are successful in defending against such claims, litigation could result in substantial costs and be a distraction to management and employees.

Intellectual property rights do not necessarily address all potential threats to our business.

The degree of future protection afforded by our intellectual property rights is uncertain because intellectual property rights have limitations and may not adequately protect our business. The following examples are illustrative:

| ● | others                                                                                                                                  
 may be able to develop technologies that are similar to our technology platforms but that are not covered by the claims of any patents, 
 should they issue, that we own or license;                                                                                              |
| ● | we                                                                                                                                      
 or our licensors might not have been the first to make the inventions covered by the issued patents or pending patent applications      
 that we own or license;                                                                                                                 |
| ● | we                                                                                                                                      
 or our licensors might not have been the first to file patent applications covering certain aspects of our inventions;                  |
| ● | others                                                                                                                                  
 may independently develop similar or alternative technologies or duplicate any of our technologies without infringing our intellectual  
 property rights;                                                                                                                        |
| ● | it                                                                                                                                      
 is possible that our pending patent applications will not lead to issued patents;                                                       |
| ● | issued                                                                                                                                  
 patents that we own or license may not provide us with any competitive advantages,