- Worksport Ltd WKSP has announced the formation of a wholly-owned subsidiary, Terravis Energy Inc.
- The move is in line with the company's aim to expand its energy creation and storage markets.
- Terravis Energy will focus on harnessing and advancing renewable, green energy-based technologies.
- Worksport CEO Steven Rossi's father, Lorenzo Rossi, a company director, is appointed as the President and CEO of Terravis.
- Price Action: WKSP shares are trading higher by 1.53% at $5.15 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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