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 | ||
0.43 USD | 0.00% |
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-1.49% | +22.86% |
15/06 | Parks! America, Inc. Announces Executive Changes | CI |
15/06 | Lisa Brady Steps Down as Chief Executive Officer of Parks! America, Inc | CI |
1st Jan change | Capi. | |
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+22.86% | 3.26Cr | |
-14.82% | 4.63TCr | |
-4.01% | 317.77Cr | |
+25.20% | 269.5Cr | |
+27.91% | 265.95Cr | |
+21.11% | 116.91Cr | |
+8.10% | 61Cr | |
+1.42% | 58Cr | |
+32.67% | 49Cr | |
-6.00% | 34Cr |
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