Company: WKSP
Filing Date: 2025-11-14
Form Type: S-3
Source: 0001493152-25-023663
Chunk: 47

Company: Worksport Ltd
Filing Date: 2025-11-14
Form: S-3
Chunk 47
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 the effect of delaying or preventing a change of control, whether or not it is desired by, or beneficial to, our stockholders.

| 26 |

We do not intend to pay dividends on our common stock in the foreseeable future.

We currently do not expect to declare any dividends on our common stock in the foreseeable future. Any decision to declare or pay dividends in the future will be at the discretion of our board of directors. Accordingly, your only opportunity to achieve a return on your investment in our common stock may be if the market price of our common stock appreciates and you sell your shares at a profit. The market price for our common stock may never exceed, and may fall below, the price that you pay for such common stock. See “ Dividend Policy” on page 28.

<div align='center'>USE OF PROCEEDS</div>

We intend to use the net proceeds from the sale of the securities as set forth in the applicable prospectus supplement.

<div align='center'>DIVIDEND POLICY</div>

We have never declared or paid any cash dividends on our common stock. We intend to retain future earnings, if any, to finance the operation of our business and do not anticipate paying any cash dividends in the foreseeable future. Any future determination related to our dividend policy will be made at the discretion of our Board after considering our financial condition, results of operations, capital requirements, business prospects and other factors our Board deems relevant, and subject to the restrictions contained in any future financing instruments.

<div align='center'>THE SECURITIES WE MAY OFFER</div>

We may offer and sell, at any time and from time to time:

| ● | shares                                                                          
 of our common stock;                                                            |
| ● | shares                                                                          
 of our preferred stock;                                                         |
| ● | warrants                                                                        
 to purchase shares of our common stock, preferred stock and/or debt securities; |
| ● | debt                                                                            
 securities consisting of debentures, notes or other evidences of indebtedness;  |
| ● | units                                                                           
 consisting of a combination of the foregoing securities; or                     |
| ● | any                                                                             
 combination of these securities.                                                |

The terms of any securities we offer will be determined at the time of sale. We may issue debt securities that are exchangeable for and/or convertible into common stock or any of the other securities that may be sold under this prospectus. When particular securities are offered by us, a supplement to this prospectus will be filed with the SEC, which will describe the