Worksport Ltd., a Nevada corporation, completed the initial closing of its Regulation A offering on June 13, 2025. The company issued a total of 49,335 units, each consisting of one share of 8% Series C Convertible Preferred Stock and one warrant for common stock, to investors placed by Digital Offering LLC, the company's placement agent. The aggregate gross proceeds from this transaction amounted to $160,338.75. After deducting commissions and offering-related expenses of $11,223.71, Worksport received net proceeds of $149,115.04.
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