Since it's plywood, I would heavily paint it with varnish/polyurethane, letting it soak in. You need to seal the wood pores before you put something like Flex Seal over it. The plywood will not absorb into the wood, only cover it. Once you've applied several coats of varnish or polyurethane, then you can use a rubberized sealer/undercoat over it.
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Don & Mary
2019 Newmar Dutch Star 4018 (Freightliner)
2024 GMC Sierra 1500 Denali 4x4 6.2L
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