{"filing":{"accession_number":"0001493152-26-040401","cik":"0001096275","ticker":"WKSP","company_name":"Worksport Ltd","form":"8-K","filing_date":"2026-08-27","report_date":"2026-08-27","primary_document":"form8-k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1096275/000149315226040401/form8-k.htm"},"events":[{"id":30049,"run_id":27543,"accession_number":"0001493152-26-040401","anchor_item_number":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Worksport entered into a warrant exercise inducement offer on August 27, 2026, whereby it agreed to issue 4,800,526 new Inducement Warrants (representing 125% of the 3,840,421 Warrant Shares exercised) in exchange for the exercise of existing warrants at a reduced price of $0.60 per share. The filing explicitly discloses under Item 3.02 that the Inducement Warrants were issued pursuant to Section 4(a)(2) exemption and are unregistered securities. This is a classic dilutive private placement of equity securities designed to raise approximately $2.3 million in gross proceeds, with the company committing to register the resale of the new warrant shares within 60 days.","company_name":"Worksport Ltd","ticker":"WKSP","filing_date":"2026-08-27","form":"8-K","submitted_at":null,"items":null}],"classifications":[{"id":32547,"accession_number":"0001493152-26-040401","item_number":null,"item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Worksport entered into a warrant exercise inducement offer on August 27, 2026, whereby it agreed to issue 4,800,526 new Inducement Warrants (representing 125% of the 3,840,421 Warrant Shares exercised) in exchange for the exercise of existing warrants at a reduced price of $0.60 per share. The filing explicitly discloses under Item 3.02 that the Inducement Warrants were issued pursuant to Section 4(a)(2) exemption and are unregistered securities. This is a classic dilutive private placement of equity securities designed to raise approximately $2.3 million in gross proceeds, with the company committing to register the resale of the new warrant shares within 60 days.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-27T20:19:58.946594+00:00","company_name":"Worksport Ltd","ticker":"WKSP","filing_date":"2026-08-27"}]}
