Form 8-K

8-K — Worksport Ltd

Accession: 0001493152-26-018013

Filed: 2026-04-20

Period: 2026-04-20

CIK: 0001096275

SIC: 3714 (MOTOR VEHICLE PARTS & ACCESSORIES)

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported): April 20, 2026

WORKSPORT

LTD.

(Exact name of registrant as specified in its charter)

Nevada

001-40681

35-2696895

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

2500

N America Dr

West

Seneca, New York 14224

(Address of principal executive offices) (ZIP Code)

(888)

554-8789

Registrant’s

telephone number, including area code

Not

Applicable

(Former name or former address, if changed since last report)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written communications pursuant to Rule 425 under the

Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the

Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b)

under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c)

under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbols

Name

of each exchange on which registered

Common

WKSP

The Nasdaq Stock Market

LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).

Emerging

growth company ☐

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

7.01 Regulation FD Disclosure.

April 20, 2026, Worksport Ltd. (the “Company”) issued a press release: “Worksport Ltd. (NASDAQ: WKSP) Launches New

“Nexus” Tonneau Cover; Early Demand Signals Scalable Multi-Million Dollar Revenue Growth and Expanding Distribution”

copy of the press release is attached hereto as Exhibit 99.1.

The

information under Item 7.01 of this Current Report on Form 8-K and the exhibit attached hereto shall not be deemed “filed”

for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section,

or incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, except as shall be

expressly set forth by specific reference in any such filing.

Item

9.01 Financial Statements and Exhibits.

(d)

Exhibits.

Exhibit

No.

Description

99.1

Press Release dated April 20, 2026,

“Worksport Ltd. (NASDAQ: WKSP) Launches New “Nexus” Tonneau Cover; Early Demand Signals Scalable Multi-Million

Dollar Revenue Growth and Expanding Distribution”

104

Cover Page Interactive

Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

WORKSPORT LTD.

Date: April 20, 2026

By:

/s/

Steven Rossi

Name:

Steven Rossi

Title:

Chief Executive Officer

(Principal Executive Officer)

EX-99.1

Filename: ex99-1.htm · Sequence: 2

Exhibit 99.1

Worksport

Ltd. (NASDAQ: WKSP) Launches New “Nexus” Tonneau Cover; Early Demand Signals Scalable Multi-Million Dollar Revenue Growth

and Expanding Distribution

Proprietary

single-side operation addresses key customer pain points; ~strong pre-order demand and early distributor demand support 2026

revenue guidance

West

Seneca, New York, April 20, 2026 — Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S.-based

innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods

markets, is pleased to announce the official commercial launch and commencement of sales for

its highly anticipated Nexus Tonneau Cover, a premium tonneau cover, with innovative features previously unseen in the market.

Following

a successful production start on April 13, 2026, the Nexus cover is now available for purchase on the Company’s B2C

website and through its B2B distribution network. Early demand from established distributors with multi-million-dollar

annual purchasing capacity—supports management’s expectation that the Nexus platform can contribute millions in incremental

revenue in 2026, while accelerating adoption across existing and new sales channels.

The

Nexus cover introduces a newly engineered operating system designed to materially improve ease-of-use, safety, and speed for truck

owners. Unlike conventional folding tonneau covers that typically require users to walk around both sides of the vehicle to secure latches,

the Nexus features a proprietary system that enables full operation from a single side of the truck while maintaining full-bed

access. This design reduces repetitive movement, simplifies use in adverse conditions, and enhances safety in environments such as

job sites, roadside settings, and busy parking areas.

Strong

Market Validation and Financial Impact

Prior

to the official launch, Worksport received approximately $250,000 in pre-orders interest for the Nexus cover. These initial orders

are expressed from large-scale distributors with the capacity for multi-million-dollar annual purchase volumes, representing strong

early validation of the product’s value proposition and a meaningful signal of distributor confidence within the $4B

Tonneau Cover market.

Management

notes that this level of initial pre-orders reflects early channel alignment and expected demand scalability. The Nexus

launch is a key pillar in Worksport’s strategy to achieve its previously announced full-year revenue guidance of $35

million to $42 million.

Engineering

Excellence: The ‘Uplatch’ Advantage

Designed

by Worksport’s Missouri-based engineering team, the Nexus cover represents an evolution in traditional folding tonneau designs,

addressing longstanding usability challenges identified through customer feedback and field experience.

Traditional

full-access folding covers have remained largely unchanged for decades, often requiring multiple trips around the vehicle and

greater physical effort to lift and secure stacked panels. The Nexus addresses these limitations through its proprietary “Uplatch”

system, which enables the cover to automatically secure on both sides when positioned upright behind the cab, all while being

operated from a single side of the truck.

Internal

customer feedback and market observations indicated that multi-step operation, panel weight, and accessibility were among the

most common friction points with existing folding tonneau covers. The Nexus platform was engineered to address these challenges within

a single integrated design, enabling faster, easier, and more controlled operation.

Key

Technical Specifications:

● Full

Bed Access: Optimized for maximum utility and cargo space.

● ‘Light

Weight’: Through the unique design, the cover is easier to lift

● Materials:

Constructed from heavy-duty 16-gauge aluminum substrate.

● Durability:

Finished with a specialized “Diamond Shield Finish” protective coating

● Ease

of Use: Features a middle-panel pull strap for simplified operation for any truck

● Pricing:

MSRP ranging from $1,249 to $1,349, depending on vehicle application.

Multimedia

Video

Investors

and customers are encouraged to view the Nexus Features and Benefits video to see the Uplatch system in action:

Nexus

- Features and Benefit Video

[https://www.youtube.com/watch?v=JCSySjMDDls]

Management

Commentary

Steven

Rossi, Chief Executive Officer of Worksport, commented:

“The

Nexus represents a meaningful step forward in tonneau cover design,” said Steven Rossi, Chief Executive Officer of Worksport.

“For years, users have had to work around the limitations of traditional folding covers - walking around the vehicle multiple times,

lifting heavier panels, and reaching into the bed to secure them. Nexus simplifies that entire experience into a premium, faster, safer

and single-sided operation. The early response from our distribution partners reinforces our view that practical innovation -

focused on real user challenges - drives adoption.”

Stay

tuned for more information and join our mailing list to stay up to date with the latest: Join Worksport’s Newsletter

Contacts

Investor

Relations, Worksport Ltd. T: 1 (888) 554-8789-128

investors.worksport.com W: www.worksport.com E: investors@worksport.com

Connect

with Worksport Chief Executive Officer, Steven Rossi

Steven

Rossi X (Twitter)

Steven

Rossi LinkedIn

About

Worksport

Ltd. (Nasdaq: WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau

covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport has an active partnership with

Hyundai for the SOLIS Solar cover. Additionally, Worksport’s hard-folding cover, designed and manufactured in-house, is compatible

with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. Worksport seeks

to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile

energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy’s website is terravisenergy.com.

Connect

with Worksport

Please

follow the Company’s social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube,

and Instagram, the links of which are links to external third-party websites, as well as sign up for the Company’s newsletters

at investors.worksport.com.

Social

Media Disclaimer

The

Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than

content published by the Company. Investors and others should note that the Company announces material financial information to our investors

using our investor relations website, press releases, Securities and Exchange Commission (“SEC”) filings, and public conference

calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors,

the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material

non-public information on social media. If there is any significant financial information, the Company will release it broadly to the

public through a press release or SEC filing prior to publishing it on social media.

Forward-Looking

Statements

The

information contained herein may contain “forward-looking statements.” Forward-looking statements reflect the current view

about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,”

“scheduled,” “expect,” “future,” “intend,” “plan,” “project,”

“envisioned,” “should,” or the negative of these terms and similar expressions, as they relate to us or our management,

identify forward-looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they

are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies,

projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the

future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which

are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking

statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual

results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the

following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to

sell our products; and (iv) competition from other producers of similar products. More detailed information about the Company and the

risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the SEC,

including, without limitation, our latest Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders

are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. As a result of these matters, changes

in facts, assumptions not being realized or other circumstances, the Company’s actual results may differ materially from the expected

results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press

release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent

events or circumstances.

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