Flexible Solutions International Inc. Signs Material Definitive Agreement
Ticker: FSI · Form: 8-K · Filed: Aug 27, 2024 · CIK: 1069394
| Field | Detail |
|---|---|
| Company | Flexible Solutions International INC (FSI) |
| Form Type | 8-K |
| Filed Date | Aug 27, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement
TL;DR
FSI signed a big deal, details TBD.
AI Summary
Flexible Solutions International Inc. announced on August 9, 2024, that it entered into a material definitive agreement. The company, incorporated in Alberta with its principal executive offices in Taber, Canada, filed an 8-K report detailing this event. No specific details regarding the agreement, counterparty, or financial implications were provided in this initial filing.
Why It Matters
This filing indicates a significant business development for Flexible Solutions International Inc., potentially impacting its future operations and financial performance. Investors will be looking for further details on the nature of this agreement.
Risk Assessment
Risk Level: medium — The lack of specific details in the 8-K filing regarding the material definitive agreement introduces uncertainty and potential risk for investors.
Key Players & Entities
- Flexible Solutions International Inc. (company) — Registrant
- August 9, 2024 (date) — Date of earliest event reported
- Alberta (jurisdiction) — State or other jurisdiction of incorporation
- Taber, Alberta, Canada (location) — Address of principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by Flexible Solutions International Inc.?
The filing does not specify the nature of the material definitive agreement.
Who is the counterparty to this material definitive agreement?
The filing does not disclose the identity of the other party to the agreement.
What is the effective date of the material definitive agreement?
The earliest event reported is August 9, 2024, which is the date of the report.
Are there any financial terms or obligations associated with this agreement disclosed in the filing?
No financial terms or obligations related to the agreement are disclosed in this filing.
What is the company's principal executive office address?
The company's principal executive office is located at 6001 54 Ave., Taber, Alberta, Canada T1G 1X4.
Filing Stats: 497 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-08-27 14:38:54
Filing Documents
- form8-k.htm (8-K) — 37KB
- ex10-1.htm (EX-10.1) — 153KB
- ex10-2.htm (EX-10.2) — 141KB
- ex99.htm (EX-99) — 12KB
- ex99_001.jpg (GRAPHIC) — 6KB
- 0001493152-24-033982.txt ( ) — 576KB
- fsi-20240809.xsd (EX-101.SCH) — 3KB
- fsi-20240809_lab.xml (EX-101.LAB) — 33KB
- fsi-20240809_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events On August 12, 2024, the Company issued a press release, filed as Exhibit 99, announcing the sale of its Florida LLC.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 10.1 Agreement regarding sale of membership Interests in Florida LLC dated August 9, 2024 (1) 10.2 Agreement regarding sale of membership Interests in Florida LLC dated August 9, 2024 (1) 99 Press Release regarding sale of Florida LLC. 104 Cover page interactive data file (embedded within the Inline XBRL document) (1) Portions of this exhibit have been Omitted pursuant to Item 601(b)(10) of Regulation S-K since the Omitted portions are not material and would likely cause competitive harm to the Company if publicly disclosed. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 23, 2024 FLEXIBLE SOLUTIONS INTERNATIONAL INC. By: /s/ Daniel B. O'Brien Daniel B. O'Brien, President and Chief Executive Officer 3