Monitor for future prospectus supplements that will detail the specific terms of any offering, including pricing and use of proceeds. The potential for dilution at a price above the $3.03 book value could pressure the stock price if the offering is perceived as opportunistic rather than essential.
Price Chart
Executive Summary
Flexible Solutions International Inc. (FSI) has filed an S-3 shelf registration statement, allowing it to raise up to $50 million through future offerings of common stock, preferred stock, warrants, or other securities. This signals potential share issuance, which could dilute existing shareholders. The company has a net tangible book value of $3.03 per share as of September 30, 2025.
Key Financial Metrics
Key Facts
- Company filed an S-3 shelf registration to offer up to $50 million in securities.
- Securities may include common stock, preferred stock, convertible preferred stock, rights, warrants, or units.
- Net tangible book value was $3.03 per share as of September 30, 2025.
- As of February 24, 2026, the company had 12,737,498 common shares outstanding.
- The company's stock closed at $5.28 on February 23, 2026.
Financial Impact
Up to $50 million in new securities could be issued, potentially diluting existing shareholders.
Risk Factors
- Dilution of existing shareholders if new shares are issued.
- Potential downward pressure on stock price if offering is priced below market value.
- Use of proceeds may not generate sufficient returns to justify the dilution.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 10 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| S-3 Filing (Primary) | 0001493152-26-007912 |
| Exhibit: ex107.htm | 0001493152-26-007912 |
| Exhibit: ex5.htm | 0001493152-26-007912 |
| Exhibit: ex23-2.htm | 0001493152-26-007912 |
| Exhibit: ex23-1.htm | 0001493152-26-007912 |
| Exhibit: ex23-3.htm | 0001493152-26-007912 |
| Document: 0001493152-26-007912-index-headers.html | 0001493152-26-007912 |
| Document: 0001493152-26-007912-index.html | 0001493152-26-007912 |
| Document: 0001493152-26-007912.txt | 0001493152-26-007912 |
| CONTEXT: 10-Q (2025-11-14) | 0001493152-25-023546 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | Press Release | $6.31 | awaiting T+5 | — | $6.36 (+0.76%) |
Oct 6, 2026 19d ago | DEF 14A | $6.28 $6.01 | ▼ −4.30% | ▼ −3.32% | $6.36 (+1.24%) |
Sep 1, 2026 7w ago | 8-K | $5.78 $5.70 | ▼ −1.38% | ▼ −1.47% | $6.36 (+10.00%) |
Aug 18, 2026 9w ago | 8-K | $5.25 $5.50 | ▼ −4.76% | ▼ −4.96% | $6.36 (−21.11%) |
Aug 14, 2026 10w ago | Press Release | $5.39 $5.30 | ▲ +1.67% | ▲ +0.48% | $6.36 (−17.96%) |
Jul 20, 2026 13w ago | Press Release | $5.22 $5.00 | ▲ +4.21% | ▲ +2.99% | $6.36 (−21.80%) |
Jul 1, 2026 16w ago | 8-K | $6.56 $5.96 | ▲ +9.15% | ▲ +9.41% | $6.36 (+3.08%) |
Jul 1, 2026 16w ago | 424B5 | $6.56 $5.96 | ▲ +9.15% | ▲ +9.41% | $6.36 (+3.08%) |
Jun 8, 2026 20w ago | 8-K | $6.40 $6.37 | ▼ −0.47% | ▼ −2.58% | $6.36 (−0.65%) |
May 18, 2026 22w ago | 8-K | $6.10 $6.44 | ▲ +5.57% | ▲ +3.96% | $6.36 (+4.23%) |
US Market Status
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