Worksport LTD 8-K filings

Worksport CEO Steven Rossi participated in a fireside chat with Fox Business Network analyst Kenny Polcari, discussing the company's strategic direction and growth initiatives in the clean energy automotive sector.

Worksport Ltd. is expanding into the electric vehicle aftermarket by developing tonneau covers for the Rivian R1T, including a solar-powered option.

Worksport Ltd. announces strategic updates, including new product launches and a focus on achieving cash flow positivity in 2025, aiming to accelerate revenue growth.

Worksport Ltd. has commenced direct sales to U.S. government departments, securing initial orders and setting the stage for growth in the government contract sector.

Worksport is progressing towards ISO 9000 certification at its New York factory, a move that could open doors to OEM partnerships and larger distribution networks.

Worksport Ltd. has entered into a securities purchase agreement with Keyser Capital LLC, resulting in a private placement of common stock and warrants for a total of $380,000.

Worksport has commenced the alpha release of its SOLIS solar tonneau cover and COR portable energy system, marking a significant step towards full-scale market launch.

Worksport reports record high August sales of approximately $1.22 million, putting the company on track to surpass its 2024 revenue guidance.

Worksport's COR portable energy system successfully charged a Tesla Model 3 in lab tests, adding approximately seven miles of range, showcasing its potential as an EV range extender.

Worksport Ltd. has secured a $1.487 million loan through its subsidiary, backed by multiple guarantees and security agreements.

Worksport Ltd. announces the release of 19 new tonneau cover models and progress on its SOLIS and COR clean energy systems, targeting significant growth in the light truck accessories market.

Worksport's new dealer sales initiative is showing strong early momentum, with a rapidly expanding sales team and significant interest from distributors, positioning the company for substantial growth.

Worksport has begun production of its COR Alpha portable energy system, with a launch planned for September, targeting a multi-billion dollar clean-tech market.

Worksport reports a remarkable 275% revenue growth in Q2 2024 compared to Q1 2024, reaching $1.92 million, and exceeding the entire 2023 revenue.

Worksport Ltd. is launching a Q&A portal for investors and will host an earnings call on August 13th to discuss Q2 2024 financial results, sales, and product developments.

Worksport Ltd. reports successful live testing of its SOLIS solar tonneau cover, with an alpha launch planned for this summer.

Worksport is launching a new live sales platform on August 6th, aiming to enhance customer engagement and increase sales conversions.

Worksport Ltd. has repriced stock options for key personnel and entered into a consulting agreement with CEO Steven Rossi, replacing his previous employment agreement.

Worksport Ltd. has entered into a $6 million revolving credit facility agreement with Amerisource Funding, using a portion to refinance its real estate mortgage and support accounts receivable financing.

Worksport Ltd. has scheduled its Q2 2024 earnings call for August 13th, following a record-breaking sales month in May and other significant developments.

Worksport Ltd. announces the launch of a new dealer webpage following a record sales month in May, aiming for significant revenue growth and cash flow positivity.

Worksport Ltd. has announced advancements in its Maximum Power Point Tracking (MPPT) technology, significantly expanding the compatibility of its SOLIS Solar Power System with various battery systems.

Worksport Ltd. reports a record-breaking $739,417 in sales for May 2024, a 332% increase over the average monthly sales of Q1 2024.

Worksport Ltd. has been recognized as 'Innovator of the Year' by Buffalo Business First for its advancements in clean energy solutions for the automotive sector, particularly the SOLIS Solar Truck Bed Cover and COR Portable Battery Generator System.

Worksport Ltd. has announced a new partnership with a major Midwest distributor, aiming to expand its market presence and capitalize on its growing product line.

Worksport Ltd. has issued new warrants to a holder of existing warrants, incentivizing the exercise of those existing warrants and raising approximately $3.6 million in gross proceeds.

Worksport Ltd. has been granted a new U.S. patent for its SOLIS Solar Tonneau Cover, a product set to integrate solar technology into truck bed covers and launch this summer.

Worksport forecasts a 300-433% revenue increase in 2024, driven by its automotive accessory business and upcoming product launches.

Worksport Ltd. reported a 1,506% increase in revenue for Q1 2024 compared to Q1 2023, alongside a decrease in operational expenses and plans to provide forward-looking guidance.

Worksport Ltd. has been awarded a $2.8 million grant from New York State to support job creation and wage support, signaling strong state backing for the company's expansion.