Worksport shares closed above $1.00 on June 24, 2026, meeting Nasdaq’s minimum bid price requirement after a rapid rally.
Worksport (WKSP) announced its common stock closed at $1.00 or higher on June 24, 2026, complying with Nasdaq’s minimum bid price rule. The stock rose 75% over five trading sessions, reversing prior declines.
The company had faced delisting risk after failing to maintain the $1.00 threshold. Nasdaq requires stocks to close above this level for 10 consecutive days to avoid penalties. Worksport’s CEO highlighted growth initiatives as key to the recovery.
No immediate market reaction was disclosed in the announcement.