SC3

Worksport Reports 2,050% Increase in Q4 2023 YOY Revenue, Following a 2,400% YOY Q3 Revenue Advance

Retrieved on: 
Tuesday, February 6, 2024

This followed another momentum-related YOY increase when revenue in Q3 FY2023 increased approximately 2,400%, with revenues rising to US$458,483 when compared with US$18,350 in Q3 FY2022.

Key Points: 
  • This followed another momentum-related YOY increase when revenue in Q3 FY2023 increased approximately 2,400%, with revenues rising to US$458,483 when compared with US$18,350 in Q3 FY2022.
  • As a reflection of Worksport’s on-going production ramp-up and projected sales, the Company enjoyed an 83% quarter-to-quarter increase in North American revenues to US$839,716 in Q3 2023, compared with US$458,483 in Q3 2023.
  • “Management anticipates revenues continuing to multiply into 2024 and beyond,” said Worksport CEO Steven Rossi.
  • During Q4 2023, the Company completed and launched a second production line in its state-of-the art 220,00 sq.

Sickle Cell Warrior Program from NMDP/Be The Match Helps Eliminate Barriers to Equitable Care

Retrieved on: 
Monday, September 12, 2022

As part of Sickle Cell Disease (SCD) Awareness Month in September, The National Marrow Donor Program (NMDP)/Be The Match is sharing the Sickle Cell Warrior Program, an initiative designed to eliminate barriers to equitable care, facilitate early referral and typing, and provide resources to empower warriors and caregivers.

Key Points: 
  • As part of Sickle Cell Disease (SCD) Awareness Month in September, The National Marrow Donor Program (NMDP)/Be The Match is sharing the Sickle Cell Warrior Program, an initiative designed to eliminate barriers to equitable care, facilitate early referral and typing, and provide resources to empower warriors and caregivers.
  • Through research and our work with sickle cell patients, we found that sickle cell warriors do not have equitable access to cellular therapies, said Mary Hengen, vice president, Patient, NMDP/Be The Match.
  • The Sickle Cell Warrior Program resources will increase access to treatment options through holistic programming and help close the gap in funding for fertility preservation to sickle cell disease warriors, which has been a barrier to transplant.
  • These include Sickle Cell Health Reproductive Education Directive (SCRED), My Three Sicklers, Sickle Cell Transplant Advocacy & Research Alliance (STAR), Sickle Cell Community Consortium (SC3), Sickle Cell 101, Sickle Cell Foundation of Minnesota, and Sickle Cell Disease Association of Illinois (SCDAI).

Worksport Launches All-New E-Commerce Online Platform

Retrieved on: 
Wednesday, August 17, 2022

Richmond Hill, Ontario, Canada, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP) (the Company or Worksport) and its subsidiaries, an innovator of automotive aftermarket accessories and off-grid energy solutions.

Key Points: 
  • Richmond Hill, Ontario, Canada, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP) (the Company or Worksport) and its subsidiaries, an innovator of automotive aftermarket accessories and off-grid energy solutions.
  • Through the newly launched e-Commerce platform, the Company will begin selling the SC3, SC3 Pro and SC4 proprietary, patented truck bed tonneau covers for light trucks.
  • We believe it will permit Worksport to take complete control of its production and sales pipelines for all its current and future products.
  • Worksport Ltd. strives to provide frequent updates of its operations to its community of investors, clients, and customers to maintain the highest level of visibility.

Worksport Launches Storefronts on Amazon, eBay and Walmart Marketplace

Retrieved on: 
Wednesday, June 22, 2022

Mississauga, June 22, 2022 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP) (the Company or Worksport), seeking to capitalize on the growing shift of consumer mindsets towards clean energy with its proprietary solar and green hydrogen-based technologies, has launched its eCommerce storefronts on Amazon, eBay, and Walmart Marketplace.

Key Points: 
  • Mississauga, June 22, 2022 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP) (the Company or Worksport), seeking to capitalize on the growing shift of consumer mindsets towards clean energy with its proprietary solar and green hydrogen-based technologies, has launched its eCommerce storefronts on Amazon, eBay, and Walmart Marketplace.
  • After months of restructuring and hard work for all involved, management believes the launch of Worksport products on Amazon, eBay and Walmart marketplaces will help realize revenue sooner rather than later in 2022.
  • As Worksport products are once again available for consumer purchase, phase one of the Companys restructuring plan comes to a close.
  • Meanwhile, Worksport heads into the final phases of its ongoing efforts to bring new, made in the United States products to market.

Worksport Contracts N.A. Williams Company for eCommerce Marketplaces

Retrieved on: 
Thursday, March 31, 2022

Williams Company, for category management setup of and operations, analysis, and reporting for eCommerce marketplaces including the Companys native platform, Amazon, eBay, and mass retail through Walmart, with NewEgg and Sears integrations at the Companys discretion.

Key Points: 
  • Williams Company, for category management setup of and operations, analysis, and reporting for eCommerce marketplaces including the Companys native platform, Amazon, eBay, and mass retail through Walmart, with NewEgg and Sears integrations at the Companys discretion.
  • Williams will be working to list Worksport products across multiple Marketplaces, enabling product data, quantity, and pricing consistency while leveraging marketing capabilities on each platform to optimize sales, states Curt McDowell, VP eCommerce Solutions, N.A.
  • Williams allows the Company to leverage Williams world-class expertise, allowing the Company to focus on its novel research and development initiatives.
  • Williams Company proposed what Company leadership considers a winning strategy to implement and continually optimize its Business-to-Consumer (B2C) sales channels strategy.

Benzinga Listmakers - Top 24 EV & Allied Companies

Retrieved on: 
Wednesday, March 30, 2022

The company has about 12.5% market share in the United States, about 6.5% share in Europe, and about 2.4% share in China including unconsolidated affiliates.

Key Points: 
  • The company has about 12.5% market share in the United States, about 6.5% share in Europe, and about 2.4% share in China including unconsolidated affiliates.
  • It is a vertically integrated company that designs, engineers, and builds electric vehicles, EV powertrains, and battery systems in-house using our own equipment and factory.
  • ChargePoint Holdings Inc is an EV charging network provider committed to enabling the electrification of mobility for all people and goods.
  • Its end-to-end charging solutions make it easier for companies and cities to deliver the infrastructure drivers need.

Worksport Announces Closing of Underwriters’ Option to Purchase Additional Shares of Common Stock in Connection with its Underwritten Public Offering

Retrieved on: 
Thursday, September 2, 2021

The offering was conducted pursuant to the Companys registration statement on Form S-1 (File No.

Key Points: 
  • The offering was conducted pursuant to the Companys registration statement on Form S-1 (File No.
  • A final prospectus relating to the offering was filed with the SEC and is available on the SECs website at http://www.sec.gov .
  • Worksport Ltd. designs and distributes pickup truck covers called tonneau covers throughout the United States and Canada.
  • Tonneau covers are useful aftermarket accessories that provide security and protection for cargo to personal pickup truck owners.

Worksport Announces Closing of Upsized $18.0 Million Public Offering and Uplisting to Nasdaq

Retrieved on: 
Friday, August 6, 2021

The common stock and warrants began trading on the Nasdaq Capital Market on August 4, 2021, under the symbols WKSP and WKSPW, respectively.

Key Points: 
  • The common stock and warrants began trading on the Nasdaq Capital Market on August 4, 2021, under the symbols WKSP and WKSPW, respectively.
  • Worksport received gross proceeds of approximately $18.0 million, before deducting underwriting discounts and commissions and other estimated offering expenses.
  • Worksport has granted the underwriters a 45-day option to purchase up to an additional 490,909 shares of common stock and/or an additional 490,909 warrants at the public offering price to cover over-allotments.
  • On August 6, 2021, Maxim Group LLC partially exercised its over-allotment option by purchasing an additional 490,909 warrants at the public offering price.

The Blinc Group announces appointment of Arnaud Dumas de Rauly as Chair of ISO/TC126/SC3 and CEN/TC437

Retrieved on: 
Thursday, July 12, 2018

NEW YORK, July 12, 2018 /PRNewswire/ --The Blinc Group, a distribution-centric incubator/accelerator of vapor technologies announces that its Co-Founder and Co-CEO, Arnaud Dumas de Rauly, has been appointed as Chair of the ISO/TC126/SC3 as well as Chair of the CEN/TC437 vapor product standards committees.

Key Points: 
  • NEW YORK, July 12, 2018 /PRNewswire/ --The Blinc Group, a distribution-centric incubator/accelerator of vapor technologies announces that its Co-Founder and Co-CEO, Arnaud Dumas de Rauly, has been appointed as Chair of the ISO/TC126/SC3 as well as Chair of the CEN/TC437 vapor product standards committees.
  • ISO/TC126/SC3 relates to the standardization of terminology, test methods and product information for vapor products.
  • The Blinc Group is the first of its kind platform for developing and distributing cutting edge technologies in vaping and ancillary cannabis products.
  • The Blinc Group Incubator Program is an exclusive platform that helps the members develop, research, develop and brand the best technology in cannabis and nicotine vaping space.