Worksport Ltd. Files S-1 Registration Statement
Ticker: WKSP · Form: S-1 · Filed: Mar 28, 2025 · CIK: 1096275
Sentiment: neutral
Topics: sec-filing, s-1, registration-statement
TL;DR
Worksport Ltd. just filed an S-1, looks like they're raising capital. Keep an eye on this one.
AI Summary
Worksport Ltd. filed an S-1 registration statement with the SEC on March 28, 2025, for an unspecified offering. The company, incorporated in Nevada with principal executive offices in West Seneca, NY, previously operated under names like Franchise Holdings International, Inc. and TMANGLOBAL COM INC. Steven Rossi serves as Chairman, CEO, and President.
Why It Matters
This S-1 filing indicates Worksport Ltd. is preparing to offer securities to the public, which could impact its capital structure and future operations.
Risk Assessment
Risk Level: medium — As an S-1 filing, it signifies a potential public offering, which inherently carries market and execution risks for the company and investors.
Key Numbers
- 333-286255 — SEC File Number (Identifies the specific SEC registration)
- 001-40681 — SIC Code (Classifies the company's industry)
Key Players & Entities
- Worksport Ltd. (company) — Registrant
- Steven Rossi (person) — Chairman, Chief Executive Officer and President
- Franchise Holdings International, Inc. (company) — Former Company Name
- TMANGLOBAL COM INC (company) — Former Company Name
- 2500 N America Dr West Seneca, NY 14224 (location) — Principal Executive Offices
FAQ
What is the purpose of this S-1 filing?
The S-1 filing is a registration statement required by the SEC before a company can offer its securities to the public.
When was this S-1 filing submitted?
The S-1 filing was submitted to the SEC on March 28, 2025.
Who is the principal executive officer of Worksport Ltd.?
Steven Rossi is the Chairman, Chief Executive Officer and President of Worksport Ltd.
What is Worksport Ltd.'s primary business address?
Worksport Ltd.'s principal executive offices are located at 2500 N America Dr, West Seneca, NY 14224.
Has Worksport Ltd. operated under different names previously?
Yes, Worksport Ltd. was formerly known as Franchise Holdings International, Inc. and TMANGLOBAL COM INC.
Filing Details
This Form S-1 (Form S-1) was filed with the SEC on March 28, 2025 by Steven Rossi regarding Worksport Ltd (WKSP).