Parks! America Files Definitive Additional Materials
Ticker: PRKA · Form: DEFA14A · Filed: May 22, 2024 · CIK: 1297937
| Field | Detail |
|---|---|
| Company | Parks America, Inc (PRKA) |
| Form Type | DEFA14A |
| Filed Date | May 22, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $50.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: SEC filing, proxy statement, company update
TL;DR
Parks! America dropped more docs, check 'em out.
AI Summary
Parks! America, Inc. filed a DEFA14A on May 22, 2024, indicating it is a definitive additional material filing. The company, previously known as Great American Family Parks Inc., is incorporated in Nevada and operates in the amusement and recreation services sector. Its principal business address is in Pine Mountain, Georgia.
Why It Matters
This filing provides updated or supplementary information to shareholders regarding company matters, potentially impacting their voting decisions.
Risk Assessment
Risk Level: low — This is a routine SEC filing (DEFA14A) and does not inherently present new financial risks.
Key Players & Entities
- PARKS! AMERICA, INC (company) — Registrant
- GREAT AMERICAN FAMILY PARKS INC (company) — Former Company Name
- May 22, 2024 (date) — Filing Date
FAQ
What type of SEC filing is this?
This is a DEFA14A, specifically marked as Definitive Additional Materials.
What is the name of the company filing this document?
The company filing this document is PARKS! AMERICA, INC.
When was this filing made?
The filing was made on May 22, 2024.
What was the company's former name?
The company's former name was GREAT AMERICAN FAMILY PARKS INC.
Where is the company's principal business located?
The company's principal business address is 1300 OAK GROVE RD, PINE MOUNTAIN, GA 31822.
Filing Stats: 1,310 words · 5 min read · ~4 pages · Grade level 11.2 · Accepted 2024-05-22 15:03:27
Key Financial Figures
- $50.00 — Parks! Amerca will cover the initial $50.00 recovery-filing fee charged by the tran
Filing Documents
- formdefa14a.htm (DEFA14A) — 37KB
- logo_001.jpg (GRAPHIC) — 2KB
- 0001493152-24-020998.txt ( ) — 41KB
From the Filing
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy (Amendment No . ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 PARKS! AMERICA, INC. (Name of Registrant as Specified in its Charter) (Name Of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 On May 22, 2024, Parks! America, Inc. (the “Company”) issued the following press release providing Parks! America, Inc. shareholders with detailed instructions on how to convert paper certificated shares to book entry or electronic format, as well as providing guidance to begin the recovery process for lost or misplaced Parks! America, Inc. paper stock certificates. 2 Parks! America Provides Instructions to Shareholders Converting Paper Stock Certificates to Book Entry PINE MOUNTAIN, Georgia – May 22, 2024 — Parks! America, Inc. (OTCPink: PRKA) (“Parks! America” or the “Company” ), a leading operator of regional safari parks in the United States, today provided Parks! America shareholders detailed instructions outlining the process of converting their paper stock certificates to book entry or electronic recordkeeping format. We believe the benefits of holding any stock, including Parks! America, Inc., in electronic format are compelling. As such, through September 27, 2024, current management of the Company is committed to covering the normal administrative cost charged by its transfer agent, Securities Transfer Corporation (“STC”), for shareholders who elect to make this transition during this offer window. We cannot ensure that this commitment will continue if Focused Compounding succeeds in ousting the current Board at the Company’s June 6, 2024 Annual Meeting of Stockholders. Book Entry Conversion Instructions 1. Scan, photocopy or take a picture of each of your Parks! America, Inc. paper stock certificate(s). Retain these images for your records. 2. Prepare a short letter of instruction to STC, see Exhibit A for an example instruction letter. 3. Mail the instruction letter and your ORIGINAL Parks! America, Inc. paper stock certificate(s) to STC: Securities Transfer Corporation Attn: Operations Department 2901 N. Dallas Parkway, Suite 380 Plano, Texas 75093 DO NOT sign the back of your stock certificate(s). (Note, if you would like to transfer some or all your Parks! America, Inc. stock to another party, please contact STC at (469) 633-0101 or access the STC forms webpage here ). 4. To allow for tracking this mailing, we suggest the following options: a. USPS Priority Mail, Flat Rate Envelope b. FedEx One-Rate Envelope c. United Parcel Service (UPS) Envelope Allow 7-14 business days for STC to complete the process once the certificates are received. The process of conversion to book entry format is a first step toward being able to trade currently paper certificated Parks! America shares in the public market. In the coming weeks, we will update on the process of removing the RESTRICTED legend for those who are eligible. This process is a second step toward being able to trade currently paper certificated Parks! America shares in the public market. Lost Share Certificates Parks! America shareholders who have lost or misplaced their paper share certificates can initiate the replacement process by completing and sending STC a “Lost Securities Form Letter” which is available here or you can contact STC for assistance at (469) 633-0101. Avoiding the issues of handling and keeping track of paper certificates is one of the key reasons we are encouraging shareholders to convert to book entry. As such, rather than receiving a new certificate at the completion of the replacement process, we encourage Parks! America shareholders to convert at book entry at that time. Parks! Amerca will cover the initial $50.00 recovery-filing fee charged by the transfer agent. Any additional fees to replace lost Parks! America share certificates are the responsibility of the shareholder. EXHIBIT A Example Instruction Letter Date: Securities Transfer Corporation Attn: Operations Department 2901 N. Dallas Parkway, Suite 380 Plano, Texas 75093 Dear Securities Transfer Corporation: I would like to take advantage of the offer that Parks! America, Inc. has made to cover the cost of converting my Parks! America, Inc. paper stock certificate(s) to book entry or electronic record keeping. Please call me or emai