On May 23, 2024, Focused Compounding Fund LP announced that on May 22, 2024, it has issued a press release containing an open letter to the shareholders of Parks! America Inc, stating that the Company?s incumbent board adopted a poison pill making it impossible for any 10% or larger shareholder to purchase the other stockholders shares, and they won?t get any offers from 10% shareholders to buy the stock while that pill is in place. In addition, Focused Compounding Fund stated that its plan for the Company is built around a series of events designed to provide liquidity to shareholders, in addition to considering the termination of the poison pill, and it can happen in one of two ways: 1) a tender offer or stock buyback, 2) a special dividend.
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5-day change | 1st Jan Change | ||
0.4225 USD | -1.74% |
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+0.60% | +20.71% |
06-15 | Parks! America, Inc. Announces Executive Changes | CI |
06-15 | Lisa Brady Steps Down as Chief Executive Officer of Parks! America, Inc | CI |
1st Jan change | Capi. | |
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+20.71% | 31.99M | |
-13.27% | 46.77B | |
-3.41% | 3.19B | |
+25.44% | 2.65B | |
+28.24% | 2.62B | |
+21.11% | 1.17B | |
-25.26% | 738M | |
+8.17% | 617M | |
+1.99% | 588M | |
-7.63% | 322M |
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