Worksport Ltd

Worksport Ltd. designs, develops, and manufactures products for automotive accessories, consumer electronics, and both residential and commercial HVAC system markets through its subsidiaries. The company protects and monetizes its products using an intellectual property portfolio that includes patents, designs, and trademarks. These relate to tonneau covers and components, solar integrated tonneau covers, portable power stations, NP (non-parasitic) hydrogen-based green energy systems, residential heating and cooling systems (heat pumps), and electric vehicle-charging stations. Worksport provides automotive accessories for light trucks with its line of tonneau covers. It also focuses on clean energy solutions with its forthcoming solar tonneau cover (Worksport SOLIS) and mobile battery generator system (Worksport COR). Worksport's subsidiary, Terravis Energy, develops the Aetherlux Heat Pump for home and commercial heat pumps. The company was incorporated in Nevada on April 2, 2003, as Franchise Holdings International, Inc. In December 2014, it acquired Worksport Ltd., an Ontario corporation formed in 2011, which became a wholly owned subsidiary. In May 2020, the company changed its name to Worksport Ltd. On March 18, 2025, the company completed a 1-for-10 reverse stock split of its common stock. In connection with this, the authorized common stock was reduced from 299,000,000 shares to 29,900,000 shares.