WKSP is trading at $0.93 (9.7% down) as shares pull back in pre-market action following a multi-day rally and a significant capital infusion announcement.
- Worksport recently disclosed a $10 million direct investment priced at $1.20 per share, representing a 100% premium to its market price at the time of the deal.
- The stock is experiencing a correction as investors weigh the premium-priced investment against the recent sharp gains in share price.