Nasdaq Sends Delisting Notice to Worksport Over Minimum Bid Price Deficiency
WKSP sits 23% above its 52-week low of $0.569.
Summary
On August 13, 2026, Worksport received a Nasdaq delisting notice after its stock traded below $1.00 for 30 consecutive business days. The company has until February 9, 2027 to regain compliance, potentially through a reverse stock split.
Key Events · Legal and Risk Events · WKSP
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Nasdaq Delisting Notice Received
On August 13, 2026, Worksport received notice from Nasdaq that its stock failed to maintain the $1.00 minimum bid price for 30 consecutive business days (July 1 – August 12, 2026).
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180-Day Compliance Period
The company has until February 9, 2027 to regain compliance by achieving a closing bid price of at least $1.00 for 10 consecutive business days.
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Potential Reverse Stock Split
Worksport may effect a reverse stock split to cure the deficiency, which would reduce the number of outstanding shares and increase the per-share price, but would be dilutive to existing shareholders.
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Trading Continues on Nasdaq
The delisting notice has no immediate effect on trading; WKSP will continue to trade on the Nasdaq Capital Market during the compliance period.
Analysis · WKSP · Manufacturing
A delisting notice has been triggered after Worksport fell below Nasdaq's $1.00 minimum bid price requirement. The company now has 180 days, until February 9, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive business days. This is a critical regulatory event that threatens the company's Nasdaq listing, though trading continues under the symbol WKSP during the compliance period. To cure the deficiency, the company may pursue a reverse stock split, which would be highly dilutive to existing shareholders.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 40.6% of the 330 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.38%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WKSP was trading at $0.70 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $10.7M. The 52-week trading range was $0.57 to $4.30. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.