Worksport Ltd 10-Q/A

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds On January 1, 2021, the Company issued 12,500 (250,000 pre-stock split) shares of Common Stock and warrant to purchase 250,000 shares of Common Stock on or before January 1, 2026 at an exercise price of $2.00 per share to a third party for consulting services. During the six months ended June 30, 2021 the Company issued 2,040,990 (40,819,800 pre-stock split) shares of common stock and warrants in a private offering for $4,081,980. During the six months ended June 30, 2021 the Company issued 259,808 (5,196,154 pre-stock split) shares of common stock to third party consultants valued at $741,159. During the six months ended June 30, 2021 the Company issued 150,000 (3,000,000 pre-stock split) shares of common stock to third party consultants valued at $390,000. During the six months ended June 30, 2021 the Company issued 62,006 (1,240,111 pre-stock split) shares of common stock pursuant to a settlement agreement with a note holder valued at $111,610. During the six months ended June 30, 2021 the Company issued 204,622 (4,092,431 pre-stock split) shares of common stock pursuant to a settlement agreement with a note holder valued at $368,320. During the same period the convertible promissory note holder exercised 39,512 (790,243 pre-stock split) warrants on a cashless basis for 39,512 (790,243 pre-stock split) shares common stock. The shares and warrants listed herein were issued to the investors without registration under the Securities Act of 1933 based upon exemptions from registration provided under Section 4(2) of the Act and Regulation D promulgated thereunder. The issuances did not involve any public offering; no general solicitation or general advertising was used in connection with the offering. Item 3. Defaults Upon Senior Securities None. Item 4. Mine Safety Disclosures Not applicable.