Friday, September 01, 2023 9:57:26 AM
Consistent hiring push and a need to continue to build inventory and increase productio capacity leads me to believe that they are close to needing some additional capital. Last Q indicated about 5.7M in cash on hand. They are actively working to get grants etc to help fuel expansion. They also have warrants sitting out there priced at 6.05. This could also generate some capital as they grow. I think it will be a combination of many sources that can help fuel their growth and maintain a crazy low capital structure.
Four more production lines combined with additional automated equipment requires capital.
It's all good as WKSP is ready to roll North. COR/SOLIS Q1 2024 IMO. They're working with some big players on th is technology.
JMHO
Recent WKSP News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/09/2024 02:15:10 PM
- Worksport Ltd Announces Tonneau Cover Models for the Rivian R1T, including an Innovative Solar Tonneau Cover • GlobeNewswire Inc. • 10/09/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/07/2024 12:45:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/03/2024 02:28:33 PM
- Worksport Ltd. Commences Direct Sales to U.S Government Departments, Securing First Orders with National Agency • GlobeNewswire Inc. • 10/03/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/30/2024 02:55:09 PM
- Worksport Provides Progress Update on ISO 9000 Certification • GlobeNewswire Inc. • 09/30/2024 12:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/20/2024 09:22:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/19/2024 02:50:08 PM
- Worksport Initiates Alpha Launch of Solis Solar Array and COR Mobile Battery Power Generator • GlobeNewswire Inc. • 09/19/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/12/2024 01:30:10 PM
- Worksport Reports Record High August Sales Month, Trending To Beat 2024 Revenue Guidance • GlobeNewswire Inc. • 09/12/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/11/2024 02:54:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/10/2024 09:23:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/04/2024 12:00:18 PM
- Worksport Ltd. Unveils New Models, Driving Rapid Product Expansion • GlobeNewswire Inc. • 09/04/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 01:21:47 PM
- Worksport’s New Sales Initiative Surges with Strong Early Momentum • GlobeNewswire Inc. • 09/03/2024 12:00:00 PM
- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 08/30/2024 09:15:26 PM
- Worksport ($WKSP) Publishes Investor Q&A Responses, Strengthening Engagement • GlobeNewswire Inc. • 08/22/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/20/2024 12:01:56 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 11:51:24 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:00:44 PM
- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 08/09/2024 09:15:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 12:03:49 PM
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