The equipped monster loses 300 ATK and cannot change its battle position or declare an attack. If this card is destroyed because the equipped monster is destroyed: Target 1 monster on the field; equip this card to that monster.
Rulings
Individual Card FAQs
The effect of "Flint" that equips it to a new monster is an effect that targets. This effect also can be chained to.
Spell|
Equip