Form 8-K
8-K — Worksport Ltd
Accession: 0001493152-26-025166
Filed: 2026-05-26
Period: 2026-05-26
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): May 26, 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 ☐
If
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.
On
May 26, 2026, Worksport Ltd. (the “Company”) issued a press release: “Worksport (NASDAQ: WKSP) Secures U.S. Patent
For ‘Industry-First’ Zerofrost Heat Pump Through Its Subsidiary, Terravis Energy.”
A
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 May 26, 2026, “Worksport (NASDAQ: WKSP) Secures U.S. Patent For ‘Industry-First’ Zerofrost Heat
Pump Through Its Subsidiary, Terravis Energy.”
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:
May 26, 2026
By:
/s/
Steven Rossi
Name:
Steven
Rossi
Title:
Chief
Executive Officer
(Principal Executive Officer)
EX-99.1
EX-99.1
Filename: ex99-1.htm · Sequence: 2
Exhibit
99.1
Worksport
(NASDAQ: WKSP) Secures U.S. Patent For ‘Industry-First’ Zerofrost Heat Pump Through Its Subsidiary, Terravis Energy.
Newly
issued U.S. Patent No. 12,624,872 strengthens Worksport’s clean-energy intellectual property around ZeroFrost™, the proprietary
AetherLux™ heat-pump architecture designed to address one of the largest barriers to cold-climate heat-pump adoption: frost buildup
and defrost-cycle performance loss.
West
Seneca, New York, May 26, 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 today announced that its clean-energy subsidiary, Terravis Energy, has been issued U.S. Patent No. 12,624,872 B2 by the
United States Patent and Trademark Office for its AetherLux™ heat-pump system incorporating ZeroFrost™ technology.
The
patent, titled “Heat Pump System and Components Thereof,” protects core and ancillary system architecture features
related to the Terravis Energy’s ZeroFrost platform, including proprietary configurations designed to support continuous heating
performance while reducing or eliminating the need for conventional defrost cycles. Further patent applications are pending in various
jurisdictions worldwide.
Worksport
expects certification for this technology within second half of 2026. The technology has attracted interest from several Fortune
500 companies, hundreds of dealers, and the Department of Energy’s NLR Alaska Lab.
Why
This Matters
Heat
pumps are becoming a mainstream global solution for efficient residential and commercial heating and cooling. Grand View Research reports
that heat pumps will more than double in market size to $200B by 2033, with adoption especially strong in colder countries such
as Norway, Sweden, and Finland. However, a key misconception is that cold-climate heat pumps are only for extreme markets like Alaska,
while the data supports that they are increasingly relevant across large heating markets in the northern U.S., Canada, Europe, and China.
One
of the remaining barriers is frost. When frost builds on outdoor coils, conventional heat pumps often must interrupt heating, reverse
operation, or rely on backup heat to clear ice. Worksport believes its patented ZeroFrost™ architecture directly targets this issue
by supporting more dependable heating performance in all-weather conditions.
The
timing is also aligned with broader market momentum. In New York, NYSERDA identifies heat pumps as a smarter, more efficient option
for heating and cooling buildings, and the state has banned natural gas lines in new constructions, leaving heat-pumps as the
go-to option.
Worksport
believes ZeroFrost directly targets this industry limitation. The AetherLux Pro system is being developed to deliver dependable
heating in harsh climates by addressing frost formation at the system level, rather than treating defrost as an unavoidable operating
interruption.
Patent
Coverage and Strategic Protection
● The
newly issued patent is expected to strengthen Worksport’s defensible position around
AetherLux and ZeroFrost as the Company advances third-party validation, certification work,
strategic partner discussions, and future commercialization planning. The patent generally
covers an antifreeze coil proximate to a refrigerant coil at the outdoor heat exchanger for
reducing temperature of the refrigerant coil, thus reducing or preventing the formation of
frost on the coil, which in turn avoids the requirement for a defrost cycle or supplemental
heating source.
Worksport
continues to view AetherLux (owned by its Subsidiary Company, Terravis Energy) as a strategic upside platform separate from Worksport’s
current core revenue drivers, which remain tonneau covers, expanded B2B and B2C distribution, NEXUS, SOLIS, and COR. However, the Company
believes this patent and multiple related pending patent applications materially strengthen the long-term value of the AetherLux platform
by protecting technology that could support future product sales, strategic partnerships, private-label opportunities, and potential
licensing pathways.
Management
Commentary
“Securing
this patent is an important milestone for Terravis Energy and the AetherLux product line,” said Lorenzo Rossi, Chief Executive
Officer of Terravis Energy. “ZeroFrost was developed to address one of the most persistent challenges in the heat-pump market:
maintaining efficient, reliable heating performance in cold-weather conditions where frost and defrost cycles can disrupt conventional
systems. We believe this technology can make advanced heat-pump systems more practical, more dependable, and more attractive across large
cold-climate markets.”
Mr.
Rossi continued, “For Terravis Energy, this patent protects more than a product feature. It protects core system architecture behind
AetherLux, giving us a stronger foundation for future commercialization, strategic partnerships, and potential licensing opportunities.
While Terravis Energy remains separate from Worksport’s core 2026 revenue plan, we believe it represents one of the most compelling
long-term clean-energy opportunities within the overall Worksport portfolio.”
Expanding
Terravis Energy’s IP Position, Benefiting Worksport Shareholders
The
issuance of this patent strengthens Terravis Energy’s intellectual property position around AetherLux, its clean heating
and cooling product line. Terravis Energy owns and develops the AetherLux platform, while Worksport Ltd. (NASDAQ: WKSP), as the
parent company, expects to benefit from the long-term value created by Terravis Energy’s protected technology.
This
distinction is important. Worksport’s manufacturing and automotive-accessory operations remain focused on scaling tonneau covers,
SOLIS solar covers, and COR portable energy systems. Terravis Energy is advancing AetherLux as a separate clean-energy platform with
potential future value through commercialization, strategic partnerships, and licensing opportunities.
Management
believes this structure allows Worksport to continue executing on its core revenue plan while preserving meaningful upside for WKSP shareholders
through Terravis Energy’s growing patent-protected technology portfolio. Worksport previously announced significant growth in
its global patent portfolio, including both issued patents and pending applications, as part of its broader strategy to protect innovation,
strengthen competitive positioning, and support long-term shareholder value.
Read
More on Aetherlux
● February
11, 2025: Terravis Energy Unveils Revolutionary “No-Defrost” Heat Pump
Technology
● October
6, 2025: Terravis Energy Selected for Competitive NREL NTAP Award to Analyze ZeroFrost
Technology in Alaska
● January
27, 2026: Terravis Energy Secures Mass Manufacturing for Aetherlux Heat Pump
● February
12, 2026: Worksport Confirms Government Evaluation of Aetherlux for Potential Long-Term
Deployment
The
Company expects to share additional news on AetherLux withing the second half of 2026, including certification status update, final product
specs, and sales pipeline.
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
W:
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
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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