Worksport executed two registered direct offerings on June 18, 2026, raising a total of approximately $722,870 to support working capital and general corporate purposes. The first $250,000 unit offering included 208,333 shares at $1.20 per unit and five-year warrants with a $1.50 exercise price and a 1.4x cashless exercise feature. The company also engaged D. Boral Capital as exclusive placement agent for the first deal (7% fee) and owes a 5% tail fee on the second offering. The second offering raised about $472,870 via 675,529 shares at $0.70 with no warrants issued.

Agreement 1: Worksport Prices $250,000 Registered Direct Unit Offering With Warrants at $1.20

• Agreement type: Registered direct unit offering with common stock and warrants
• Counterparty: Purchaser
• Signed / Effective: Jun 17 2026 / Jun 17 2026
• Reason: Raise working capital and general corporate purposes

Agreement 2: Worksport Engages D. Boral Capital as Placement Agent; 7% Fee on First Offering

• Agreement type: Placement agency agreement for registered direct offering
• Counterparty: D. Boral Capital
• Signed / Effective: Jun 18 2026 / Jun 18 2026
• Duration / Termination: Through First Offering closing
• Reason: Facilitate capital raise via reasonable best efforts placement

Agreement 3: Worksport Closes Second Registered Direct Offering of 675,529 Shares for $472,870 at $0.70

• Agreement type: Registered direct offering of common stock
• Counterparty: Purchaser
• Signed / Effective: Jun 18 2026 / Jun 18 2026
• Reason: Raise working capital and general corporate purposes

Original SEC Filing: Worksport Ltd [ WKSP ] - 8-K - Jun. 24, 2026