On January 2, 2024, Parks! America, Inc announced that the special meeting of the Company will be held on February 26, 2024. The Company stated that on December 22, 2023, Focused Compounding Fund, LP submitted documents to the Company purporting to provide qualifying notice as to a demand that the Company hold a special meeting of shareholders.

The Company also stated that pursuant to the purported notice, the special meeting is being held for the purpose of asking shareholders to consider and vote upon the following purported proposals from the Focused Compounding : (i) the Bylaw Restoration Proposal, (ii) the Removal Proposal, (iii) the Bylaw Amendment Proposal, (iv) the Election Proposal and/or (v) the Adjournment Proposal (collectively, the Focused Compounding Proposals). In addition, the Company stated that the Board does NOT support the Focused Compounding Proposals.