What happens if Flex Seal gets wet?

I'm curious to know, what exactly occurs when Flex Seal, a popular waterproof sealant, comes into contact with water? Does it maintain its integrity and continue to provide a reliable barrier, or does it somehow deteriorate or become compromised? Understanding its performance in wet conditions is crucial for those looking to use it for applications where water resistance is a necessity. Can you elaborate on how Flex Seal behaves when it gets wet, and whether or not it's a reliable choice for waterproofing needs?