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How to buy Worksport (WKSP) stock when it goes public

Here's everything we know so far about the Worksport IPO.

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Canadian truck bed accessories company Worksport Ltd has applied for listing on the Nasdaq. The company is currently listed on the Over-the-Counter Markets under the ticker symbol "WKSP."

Worksport is looking to conduct a public offering of units –– each comprised of one share of common stock and one warrant. The offering is contingent upon Nasdaq approving the application for both the common stock and warrants. If approved, the stock will trade under the ticker symbol "WKSP" and the warrants will trade under the symbol "WKSPW."

What we know about the Worksport IPO

Worksport filed a draft registration with the US Securities and Exchange Commission under the ticker symbol WKSP. Not yet an official IPO, it's one of the first steps of taking a private company public.

There's no news yet about how much the stock will cost when it goes public. No date has been set for when the stock will be publicly available. The shares will be available on the Nasdaq Capital Market.

How to buy shares in Worksport when it goes public

Once Worksport goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – WKSP – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Worksport can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.

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