Worksport announced that its common stock closed above $1.00 on June 24, 2026, which the company believes keeps it in full compliance with Nasdaq's minimum bid price requirement, representing a 75% increase in five trading days. CEO Steven Rossi highlighted recent milestones including a preliminary 35% gross margin in May, the addition of Meyer Distributing as a major multi-national master distribution partner, a $36+ million annualized revenue opportunity, and securing premium-priced capital. The stock was up 1.9% premarket.
Worksport LtdRegained Nasdaq compliance, highlighted 35% gross margin, $36M revenue opportunity, and premium-priced capital.