Mergers & AcquisitionsMedium•5 November 2026•
1 min read
Worksport Signs Term Sheet for Potential Acquisition of Truck Accessory Business
Key Facts
1Worksport signed a non-binding term sheet to acquire a business manufacturing a patented truck bed accessory.
2This potential acquisition marks the first such expansion move for Worksport.
Worksport signed a non-binding term sheet to acquire a business manufacturing a patented truck bed accessory. Benzinga reported that this potential acquisition marks the first such expansion move for Worksport, intended to grow the company's product portfolio and manufacturing capabilities in the truck accessory market.
WKSP closed at $0.3005 on November 4, 2026, prior to the announcement of the deal which seeks to leverage Worksport's existing infrastructure. The move follows the company's reported preliminary third-quarter results, which included record net sales of approximately $7.24 million.