Form 8-K - Current report
February 12 2024 - 8:24AM
Edgar (US Regulatory)
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0001297937
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2024-02-07
2024-02-07
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d)
of
The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): February 7, 2024
PARKS!
AMERICA, INC.
(Exact
name of registrant as specified in its charter)
Nevada |
|
000-51254 |
|
91-0626756 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.)
|
1300
Oak Grove Road
Pine Mountain, Georgia 31822
(Address of principal executive offices) (Zip Code)
Registrant’s
telephone number, including area code (706) 663-8744
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☒ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(g) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock |
|
PRKA |
|
OTCPink |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
On
February 7, 2024, the Board of Directors (the “Board”) of Parks! America, Inc. (the “Company”) appointed Charles
Kohnen as the interim Chairman of the Board, effective immediately. Mr. Kohnen replaces Dale Van Voorhis as Chairman
of the Board. Mr. Van Voorhis will continue to serve as a member of the Company’s Board of Directors. Additionally, on February
7, 2024, the Company terminated Mr. Van Voorhis’ employment as an officer of the Company pursuant to the terms of the employment
agreement, dated June 1, 2022, by and between Mr. Van Voorhis and the Company.
Important
Additional Information
The
Company, its directors and certain of its executive officers may be deemed to be participants in the solicitation of proxies from the
Company’s stockholders in connection with any matters to be considered at the 2024 annual meeting of stockholders of the Company
(the “2024 Annual Meeting”). Additionally, the Company, its directors and certain of its executive officers may also be deemed
to be participants in the solicitation of proxies from the Company’s stockholders in connection with any matters to be considered
at the special meeting of stockholders of the Company currently scheduled for February 26, 2024 (if held, the “Special Meeting”).
In connection with the Special Meeting, the Company filed a preliminary proxy statement with the U.S. Securities and Exchange Commission
(the “SEC”) on February 1, 2024 (the “Preliminary Proxy Statement”). The Company intends to file a definitive
proxy statement and a WHITE Proxy Card with the SEC in connection with any solicitation of proxies from the Company’s stockholders
with respect to the 2024 Annual Meeting and a definitive proxy statement and a WHITE Proxy Card with the SEC in connection with
any solicitation of proxies from the Company’s stockholders with respect to the Special Meeting. STOCKHOLDERS OF THE COMPANY
ARE STRONGLY ENCOURAGED TO READ SUCH PROXY STATEMENTS, THE ACCOMPANYING WHITE PROXY CARDS AND ALL OTHER DOCUMENTS FILED WITH THE
SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION RELATING TO THE 2024 ANNUAL
MEETING AND TO THE SPECIAL MEETING. The Preliminary Proxy Statement contains information regarding the direct and indirect interests,
by security holdings or otherwise, of the Company’s directors and executive officers in the Company’s securities. Information
regarding subsequent changes to the direct and indirect interests, by security holdings or otherwise, of Lisa Brady, Charles Kohnen,
Jeffery Lococo, Richard Ruffolo and Todd White in the Company’s securities can be found in the SEC filings on Forms 4, each dated
as of February 6, 2024, which are available at:
(i)
https://www.sec.gov/Archives/edgar/data/1297937/000149315224005166/xslF345X05/ownership.xml;
(ii)
https://www.sec.gov/Archives/edgar/data/1297937/000149315224005168/xslF345X05/ownership.xml;
(iii)
https://www.sec.gov/Archives/edgar/data/1297937/000149315224005170/xslF345X05/ownership.xml;
(iv)
https://www.sec.gov/Archives/edgar/data/1297937/000149315224005172/xslF345X05/ownership.xml; and
(v)
https://sec.gov/Archives/edgar/data/1297937/000149315224005174/xslF345X05/ownership.xml, respectively. Updated information
regarding the identity of potential participants, and their direct or indirect interests in the matters to be considered at the 2024
Annual Meeting and at the Special Meeting, by security holdings or otherwise, will be set forth in the definitive proxy statement and
other materials that the Company anticipates filing with the SEC in connection with the 2024 Annual Meeting and the Special Meeting.
Stockholders will be able to obtain the definitive proxy statement with respect to the 2024 Annual Meeting and the definitive proxy statement
with respect to the Special Meeting, including any amendments or supplements to such proxy statements and other documents, if any, filed
by the Company with the SEC at no charge at the SEC’s website at www.sec.gov. Copies would also be available at no charge
on the Company’s website at https://animalsafari.com/investor-relations/.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits:
Exhibit
No. |
|
Description
of Exhibit |
104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document) |
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:
February 12, 2024
|
PARKS!
AMERICA, INC. |
|
|
|
|
By: |
/s/
Todd R. White |
|
Name: |
Todd
R. White |
|
Title: |
Chief
Financial Officer |
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