{"id":49814,"date":"2021-03-04T08:02:00","date_gmt":"2021-03-04T08:02:00","guid":{"rendered":"https:\/\/wordpress2.hdnweb.com\/2021\/03\/04\/worksport-receives-over-us2-3-million-to-date-from-exercised-warrants\/"},"modified":"2021-03-04T08:02:00","modified_gmt":"2021-03-04T08:02:00","slug":"worksport-receives-over-us2-3-million-to-date-from-exercised-warrants","status":"publish","type":"post","link":"https:\/\/wordpress2.hdnweb.com\/en\/2021\/03\/04\/worksport-receives-over-us2-3-million-to-date-from-exercised-warrants\/","title":{"rendered":"Worksport Receives Over US$2.3 Million to Date from Exercised Warrants"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">TORONTO<\/span>, <span class=\"xn-chron\">March 4, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Worksport Ltd (OTC: WKSP) (or the &#8220;Company&#8221;) is announcing that following the success of their previously <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3085968-1&amp;h=1727268801&amp;u=https%3A%2F%2Fwww.otcmarkets.com%2Fstock%2FWKSP%2Fnews%2FWorksport-Successfully-Closes-Oversubscribed-US4000000-Regulation-A-Offering%3Fid%3D289391&amp;a=oversubscribed+Regulation-A+public+offering\" rel=\"nofollow\">oversubscribed Regulation-A public offering<\/a>, the Company has received over <span class=\"xn-money\">US$2,300,000<\/span> from investors who have exercised their warrants. Having close to 20% of outstanding warrants exercised in such short order following the closeout of the offering again signals the strong interest and support from Worksport&#8217;s dedicated investors and shareholders alike. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n                        <a href=\"https:\/\/mma.prnewswire.com\/media\/1449265\/Worksport_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n                    <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1449265\/Worksport_Logo.jpg\" title=\"\" alt=\"\"\/><\/a>\n                <\/p>\n<\/p><\/div>\n<p>This additional influx of capital will go to work towards its strategic North American and Chinese manufacturing investments as well as in the development of its TerraVis\u2122 solar tonneau cover system and TerraVis COR\u2122 mobile energy storage system (ESS).\u00a0 <\/p>\n<p>&#8220;We would like to take this second opportunity to again express our sincere gratitude by thanking those who invested, continue to share our vision of a bright future, and managed to exercise their warrants in a quick turnaround,&#8221; said Worksport CEO <span class=\"xn-person\">Steven Rossi<\/span>.\u00a0 &#8220;We are in the midst of a major growth period for the Company as we continue to receive this additional working capital that will all but ensure the realization of both the TerraVis\u2122 tonneau cover system and its allied TerraVis COR\u2122 mobile energy storage system to market. \u00a0As was stated <u>earlier this week<\/u>, the Company is deep in discussions with high profile market players as strategic means for rapid &amp; sustainable growth. \u00a0Worksport has a myriad of amazing developments in the works and will be updating shareholders on several projects as they become material.&#8221;\u00a0<\/p>\n<p>Investors are reminded that they may redeem their warrants anytime within a period of 12 months from the time of their investment at a price of <span class=\"xn-money\">20 cents<\/span> <span class=\"xn-money\">($0.20)<\/span> per share. \u00a0Worksport strongly encourages investors to exercise their warrants before they expire, especially as they are currently in the money as of the time of this writing. \u00a0Warrant redemption can be executed directly with Worksport by emailing the completed warrant redemption form (previously emailed to them) to <span class=\"xn-person\">Faran Ali<\/span> at <a target=\"_blank\" href=\"mailto:fali@worksport.com\" rel=\"nofollow\">fali@worksport.com<\/a>. They may also call 1 (888) 506-2013 or (917) 793-1634 for assistance through the process.<\/p>\n<p>To stay up-to-date on all the latest Worksport news\u2026 investors, shareholders, and supporters are encouraged to follow the company&#8217;s social media accounts on Twitter, Facebook, LinkedIn, and Instagram, as well as sign up for the company&#8217;s newsletters at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3085968-1&amp;h=1266396610&amp;u=http%3A%2F%2Fwww.worksport.com%2F&amp;a=www.worksport.com\" rel=\"nofollow\">www.worksport.com<\/a> and <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3085968-1&amp;h=4050445254&amp;u=http%3A%2F%2Fwww.goterravis.com%2F&amp;a=www.goterravis.com\" rel=\"nofollow\">www.goterravis.com<\/a>.\u00a0Worksport will continue to update investors, shareholders, and supporters to maintain the highest level of disclosure and information dissemination as Worksport continues to grow and develop at a very rapid pace.<\/p>\n<p><b>About Worksport Ltd.<\/b><\/p>\n<p>Worksport Ltd. (currently OTCQB: WKSP) develops and manufactures high quality, modular, attractively priced tonneau covers and solar-powered systems for light-duty trucks such as the Sierra, Silverado, Canyon, RAM, Ford F-Series, et al. and consumer adventures &amp; emergency\/ disaster-recovery purposes, where portable energy is a necessity. The modular, redefining Worksport TerraVis\u2122 tonneau cover system is being mindfully designed for the jobsite contractor and off-road, light-duty trucker &#8211; for work and play &#8211; to sustainably supply extra energy for those additional miles.\u00a0 Its allied TerraVis COR\u2122 mobile energy storage system (ESS), expected to launch by end of 2021, will be another redefining product targeted for vacationers, second-home owners, and campers.\u00a0 Plans are also being constructed to address the dire adoption &amp; scaling needs of the EV markets with grid micro-charging stations to provide convenience and efficiency in recharging to smaller form-factor EVs.\u00a0 For more information, please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3085968-1&amp;h=1266396610&amp;u=http%3A%2F%2Fwww.worksport.com%2F&amp;a=www.worksport.com\" rel=\"nofollow\">www.worksport.com<\/a> and <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3085968-1&amp;h=4050445254&amp;u=http%3A%2F%2Fwww.goterravis.com%2F&amp;a=www.goterravis.com\" rel=\"nofollow\">www.goterravis.com<\/a>. <\/p>\n<p>Connect with Worksport:<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3085968-1&amp;h=3407941347&amp;u=https%3A%2F%2Fca.linkedin.com%2Fcompany%2Fworksport&amp;a=LinkedIn\" rel=\"nofollow\">LinkedIn<\/a><\/p>\n<p><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3085968-1&amp;h=2077864052&amp;u=https%3A%2F%2Fwww.facebook.com%2FWorksportLtd%2F&amp;a=Facebook\" rel=\"nofollow\">Facebook<\/a><\/p>\n<p><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3085968-1&amp;h=1769974861&amp;u=https%3A%2F%2Ftwitter.com%2FWorksportLtd&amp;a=Twitter+\" rel=\"nofollow\">Twitter <\/a><\/p>\n<p><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3085968-1&amp;h=3178564396&amp;u=https%3A%2F%2Fwww.instagram.com%2Fworksportltd%2F&amp;a=Instagram\" rel=\"nofollow\">Instagram<\/a> <\/p>\n<p><i>Forward-Looking Statements<br \/><\/i><i>This document may contain forward-looking statements, relating to Worksport, Ltd. operations or to the environment in which it operates, which are based on Company estimates, forecasts, and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and\/or are beyond Worksport, Ltd.&#8217;s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place any undue reliance on such forward-looking statements. Worksport, Ltd. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. No Stock Exchange or Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.<\/i>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n                        <a href=\"https:\/\/mma.prnewswire.com\/media\/1449266\/worksports_truck.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n                    <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1449266\/worksports_truck.jpg\" title=\"\" alt=\"\"\/><\/a>\n                <\/p>\n<\/div>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DE98347&amp;sd=2021-03-04\"\/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/worksport-receives-over-us2-3-million-to-date-from-exercised-warrants-301240250.html\">http:\/\/www.prnewswire.com\/news-releases\/worksport-receives-over-us2-3-million-to-date-from-exercised-warrants-301240250.html<\/a><\/p>\n<p>SOURCE  Worksport<\/p>\n<\/div>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DE98347&amp;Transmission_Id=202103040802PR_NEWS_USPR_____DE98347&amp;DateId=20210304\" style=\"border:0px; width:1px; height:1px;\"\/> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">TORONTO<\/span>, <span class=\"xn-chron\">March 4, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Worksport Ltd (OTC: WKSP) (or the &#8220;Company&#8221;) is announcing that following the success of their previously <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3085968-1&amp;h=1727268801&amp;u=https%3A%2F%2Fwww.otcmarkets.com%2Fstock%2FWKSP%2Fnews%2FWorksport-Successfully-Closes-Oversubscribed-US4000000-Regulation-A-Offering%3Fid%3D289391&amp;a=oversubscribed+Regulation-A+public+offering\" rel=\"nofollow noopener\">oversubscribed Regulation-A public&#8230;<\/p>\n","protected":false},"author":1,"featured_media":49815,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-49814","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-geovanny-vicente"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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