Flexible Solutions Intl Proxy Statement Filed

TL;DR

FSI proxy filed - shareholders vote on directors & auditors soon.

AI Summary

Flexible Solutions International Inc. filed its definitive proxy statement on December 2, 2024, for its annual meeting. The filing details the company's governance, executive compensation, and proposals to be voted on by shareholders. Key items likely include the election of directors and ratification of auditors.

Why It Matters

This filing provides shareholders with crucial information to make informed voting decisions on company leadership and strategic direction.

Risk Assessment

Risk Level: low — This is a routine annual proxy filing with no immediate material events indicated.

Key Players & Entities

• FLEXIBLE SOLUTIONS INTERNATIONAL INC (company) — Registrant
• 20241202 (date) — Filing Date

FAQ

Key Financial Figures

• $50K — td since 2007, growing the company from $50K to over $25M in annual revenue. His com
• $25M — , growing the company from $50K to over $25M in annual revenue. His company has cont
• $1M — venue. His company has contributed over $1M towards clean water projects in Kenya s
• $100,000 — ecutive officer who earned in excess of $100,000 during the two fiscal years ended Decem
• $600,000 — ed that his salary be reduced to a flat $600,000 per year with annual increases at the s
• $1.75 — e price of these options varies between $1.75 and $3.61 per share and the options exp
• $3.61 — these options varies between $1.75 and $3.61 per share and the options expire at var
• $3.55 — The exercise price of these options are $3.55 per share and the options expire on Dec
• $6,000 — meetings. We also compensate directors $6,000 annually for each year that they serve
• $4,000 — year that they serve with an additional $4,000 paid to the head of the Audit Committee

Filing Documents

• formdef14a.htm (DEF 14A) — 270KB
• 0001493152-24-048284.txt ( ) — 271KB

From the Filing

DEF 14A 1 formdef14a.htm UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 SCHEDULE 14A SCHEDULE 14A INFORMATION Proxy Securities Exchange Act of 1934 Filed by the Registrant Filed by Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to §240.14a-11(c) or §240.14a-12 FLEXIBLE SOLUTIONS INTERNATIONAL, INC . (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement) Payment of Filing Fee (Check the appropriate box): No fee required Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. 1) Title of each class of securities to which transaction applies: 2) Aggregate number of securities to which transaction applies: 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11: 4) Proposed maximum aggregate value of transaction: 5) Total fee paid: Flexible Solutions International, Inc. 6001 54 Ave. Taber, AB Canada T1G 1X4 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS TO BE HELD DECEMBER 30, 2024 To the Shareholders: Notice is hereby given that the annual meeting of the shareholders of Flexible Solutions International, Inc. (“Flexible Solutions”) will be held at 37 Sonny Powery’s Drive, West Bay, Grand Cayman, Cayman Islands on December 30, 2024, at 11:00 a.m. Eastern Time, for the following purposes: (1) to elect the directors who shall constitute the Company’s Board of Directors for the ensuing year; (2) to approve on an advisory basis, the compensation of the Company’s executive officers; (3) to approve, on a non-binding advisory basis, the frequency of the advisory vote regarding the compensation of the Company’s executive officers; (4) to ratify the appointment of Assure CPA, LLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 and to transact such other business as may properly come before the meeting. December 2, 2024 is the record date for the determination of shareholders entitled to notice of and to vote at such meeting. Shareholders are entitled to one vote for each share held. As of December 2, 2024 there were 12,455,532 outstanding shares of the Company’s common stock. FLEXIBLE SOLUTIONS INTERNATIONAL, INC. December 2, 2024 Daniel B. O’Brien, President PLEASE INDICATE YOUR VOTING INSTRUCTIONS ON THE ATTACHED PROXY CARD, AND SIGN, DATE AND RETURN THE PROXY CARD. TO SAVE THE COST OF FURTHER SOLICITATION, PLEASE VOTE PROMPTLY FLEXIBLE SOLUTIONS INTERNATIONAL, INC. 6001 54 Ave. Taber, AB Canada T1G 1X4 (250) 477-9969 PROXY The accompanying proxy is solicited by the Company’s directors for voting at the annual meeting of shareholders to be held on December 30, 2024, at 11:00 a.m. Eastern Time, and at any and all adjournments of such meeting. If the proxy is executed and returned, it will be voted at the meeting in accordance with any instructions, and if no specification is made, the proxy will be voted for the proposals set forth in the accompanying notice of the annual meeting of shareholders. Shareholders who execute proxies may revoke them at any time before they are voted, either by writing to the Company at the address shown above or in person at the time of the meeting. Additionally, any later dated proxy will revoke a previous proxy from the same shareholder. This proxy statement was posted on the Company’s website on or about December 2, 2024. There is one class of capital stock outstanding. Provided a quorum consisting of 10% of the shares entitled to vote is present at the meeting, the affirmative vote of a majority of the shares of common stock voting in person or represented by proxy at the meeting is required to elect directors and to adopt the other proposals to come before the meeting. Cumulative voting in the election of directors is not permitted. Shares of the Company’s common stock represented by properly executed proxies that reflect abstentions or “broker non-votes” will be counted as present for purposes of determining the presence of a quorum at the annual meeting. “Broker non-votes” represent shares held by brokerage firms in “street-name” with respect to which the broker has not received instructions from the customer or otherwise does not have discretionary voting authority. Abstentions and broker non-votes will not be counted as having voted against the proposals to be considered at the meeting. PRINCIPAL SHAREHOLDERS The following table lists, as of December 2, 2024, the shareholdings of (i) each person owning beneficially 5% or more of the Company’s common stock (ii) each officer o

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View this DEF 14A filing on SEC EDGAR