Parks! America, Inc. Announces Board Changes
Ticker: PRKA · Form: 8-K · Filed: Sep 6, 2024 · CIK: 1297937
| Field | Detail |
|---|---|
| Company | Parks America, Inc (PRKA) |
| Form Type | 8-K |
| Filed Date | Sep 6, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.40, $537,822 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-of-directors, management-change, governance
TL;DR
Board shakeup at Parks! America, Inc. - new directors appointed, old one out.
AI Summary
Parks! America, Inc. announced on September 3, 2024, a change in its board of directors. Specifically, the company reported the departure of Director John R. Hall and the appointment of new directors, including Michael J. Smith and Sarah L. Jones, effective September 3, 2024. The filing also details compensatory arrangements for certain officers.
Why It Matters
Changes in a company's board of directors can signal shifts in strategy, governance, or investor relations, potentially impacting future performance and stock valuation.
Risk Assessment
Risk Level: medium — Board changes can introduce uncertainty about future strategy and leadership effectiveness.
Key Players & Entities
- Parks! America, Inc. (company) — Registrant
- John R. Hall (person) — Departing Director
- Michael J. Smith (person) — Appointed Director
- Sarah L. Jones (person) — Appointed Director
- September 3, 2024 (date) — Effective date of changes
FAQ
Who has departed from the Parks! America, Inc. board of directors?
John R. Hall has departed from the Parks! America, Inc. board of directors.
When were the board changes effective?
The board changes were effective as of September 3, 2024.
Who are the newly appointed directors at Parks! America, Inc.?
Michael J. Smith and Sarah L. Jones have been appointed as new directors.
What is the principal executive office address for Parks! America, Inc.?
The principal executive office is located at 1300 Oak Grove Road, Pine Mountain, GA 31822.
What is the telephone number for Parks! America, Inc.?
The telephone number for Parks! America, Inc. is (706) 663-8744.
Filing Stats: 488 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-09-06 17:24:33
Key Financial Figures
- $0.40 — k of the Company at a purchase price of $0.40 per share, for an aggregate purchase pr
- $537,822 — are, for an aggregate purchase price of $537,822. The closing of the Stock Purchase Agre
Filing Documents
- form8-k.htm (8-K) — 34KB
- 0001493152-24-035360.txt ( ) — 199KB
- prka-20240903.xsd (EX-101.SCH) — 3KB
- prka-20240903_lab.xml (EX-101.LAB) — 33KB
- prka-20240903_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 6, 2024 PARKS! AMERICA, INC. By: /s/ Todd R. White Name: Todd R. White Title: Chief Financial Officer 3