---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-010182"
form_type: "8-K"
ticker: "FSI"
cik: "0001069394"
company_name: "FLEXIBLE SOLUTIONS INTERNATIONAL INC"
filed_at: "2022-04-18T23:59:59+00:00"
generated_at: "2026-06-26T06:47:10.474365+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# FSI merges with Lygos in all-stock deal; Lygos holders to own 66.7% of combined company

## Summary
- All-stock merger: Lygos stockholders receive FSI shares; expected to own ~66.7% of combined company.
- Lygos secured $160M in 5.5% convertible notes to fund integration and working capital.
- Daniel O'Brien to stay as Head-Flexible Solutions Division; will sell 1M shares at $7.50 to FSI.
- New employment agreement for O'Brien: $500K salary, option for 500K shares, plus 1M share grants.
- Merger subject to shareholder approvals, regulatory conditions; expected close by Sept 30, 2022.

## SEC filing metadata
- accession: 0001493152-22-010182
- form_type: 8-K
- ticker: FSI
- cik: 0001069394
- company_name: FLEXIBLE SOLUTIONS INTERNATIONAL INC
- filed_at: 2022-04-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069394/000149315222010182/0001493152-22-010182-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069394/000149315222010182/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-010182
- JSON: https://secwatch.observer/filing/0001493152-22-010182.json
- Plain text: https://secwatch.observer/filing/0001493152-22-010182.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.