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Lucosky Brookman is a leader in the representation of small and micro-cap companies. The Firm has led it clients through numerous capital raise transaction and over a dozen uplisting and initial public offering transactions.  Access the latest news about Lucosky Brookman, our clients’ business transactions and industry updates here. 

Lucosky Brookman LLP Successfully Represents Maxim Group LLC in $18 Million Public Offering of Worksport Ltd. shares and warrants; Uplisting to NASDAQ

Lucosky Brookman LLP congratulates its client, Maxim Group LLC on its successful public offering of $18 Million of Worksport Ltd. (Nasdaq-CM: WKSP; WKSPW) common stock and warrants. The offering allowed the company to uplist from the OTCQB to NASDAQ. Lucosky Brookman represented Maxim Group in its capacity as underwriter and sole book-running manager.

Worksport Ltd. is a developer and manufacturer of high quality, modular, and attractively priced tonneau covers, and solar-powered systems for light-duty trucks.

The underwritten public offering of 3,272,727 units closed at a price to the public of $5.50 per unit. Each unit issued in the offering consisted of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $6.05. Worksport received gross proceeds of $18 million, before deducting underwriting discounts and commissions and other estimated offering expenses in connection with the offering.