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Worksport Ltd (WKSP) Prices Upsized 3.27M Share Offering at $5.50/sh; Uplists to Nasdaq; Announces 1-for-20 Reverse Stock Split

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Worksport Announces Pricing of Upsized $18.0 Million Public Offering, Uplisting to Nasdaq and Reverse Stock Split

August 3, 2021 9:31 PM EDT

TORONTO, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Worksport Ltd. (OTC: WKSP) (Worksport or the Company), a company that designs and distributes pickup truck covers called tonneau covers throughout the United States and Canada, including Tonneau covers that provide security and protection for cargo to personal pickup truck owners, today announced the pricing of its underwritten public offering of 3,272,727 units at a price to the public of $5.50 per unit. Each unit issued in the offering consists of one share of common stock and one warrant to purchase one share... More