UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 20, 2021

WORKSPORT LTD.

(Exact name of registrant as specified in its charter)

3120 Rutherford Road, Suite 414

Vaughan, Ontario, Canada L4K 0B1

(Address of principal executive offices)

888-554-8789

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Securities registered pursuant to Section 12(b) of the Act:

Item 5.07 Submission of Matters to a Vote of Security Holders.

On December 20, 2021, Worksport Ltd., a Nevada corporation (the “Company”), held its virtual annual meeting of shareholders (the “Meeting”).

On October 29, 2021, the record date for the Meeting (the “Record Date”), there were 16,845,951 shares of the Company’s common stock (the “Common Stock”), issued and outstanding and 100 shares of the Company’s Series A Preferred Stock (the “Series A Preferred Stock”), outstanding.

Each share of Common Stock was entitled to one vote on each proposal at the Meeting. The Series A Preferred Stock was entitled to 51% of the voting power of the Company.

At the Meeting, 61% of the voting power entitled to notice of and to vote at the Meeting were represented in person or by proxy and thereby a quorum pursuant to the Nevada Revised Statutes and the bylaws of the Company was present for the transaction of business at the Meeting.

For vote tabulation purposes only, the Series A Preferred Stock was counted as having 17,533,540 votes out of a would be total of 34,379,491 votes had the 51% Series A Preferred Stock voting power been converted into votes of Common Stock.

The final results for each of the matters considered at the Meeting were as follows:

1.       Election of the five nominees to the Board:

Each director nominee was elected to serve as a director until the Company’s 2022 annual meeting of stockholders, or until such person’s successor is duly elected and qualified, or until such person’s earlier resignation, death, or removal. Due to fact that directors are elected by a plurality of the votes cast, votes could only be cast in favor of or withheld from the nominees and thus votes against were not applicable.

2.       The advisory vote on executive compensation:

The Company’s executive compensation was approved on an advisory basis.

3.       The frequency of the advisory vote on executive compensation:

The Company will hold the advisory vote on executive compensation every three (3) years.

4.        To ratify Haynie & Co as the Company’s Independent Registered Public Accountant:

Haynie & Co. was ratified as the Company’s Independent Registered Public Accountant.

5.        To approve the amendment to the Company’s 2015 Equity Incentive Plan:

The Amendment to the Company’s 2015 Equity Compensation Plan increasing the shares reserved under the plan to 2,200,000 shares was approved.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.