Worksport Announces Warrant Inducement Repricing December 2025 Warrants From $2.90 To $0.60/Share For 3,840,421 Shares, Issuing 4,800,526 New Warrants At $0.60/Share; Expects About $2.3M Gross Proceeds
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Why It Matters
Worksport is making old stock options cheaper and creating new ones so more people might use them, hoping to raise about $2.3 million. When a company does this, it can mean they need cash or think the stock price might stay low for a while.
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