Parks! America (OTCQX: PRKA) OKs $3M, 75,000-share stock repurchase plan

Rhea-AI Filing Summary

Parks! America, Inc. reported that its board of directors approved a share repurchase program allowing the company to buy back up to the lesser of 75,000 shares, described as 9.95% of shares outstanding, or $3 million of its common stock.

The company may conduct repurchases from time to time through open market purchases, privately negotiated transactions or other methods that comply with Rule 10b-18 under the Securities Exchange Act of 1934. Management will determine the timing, price and size of any buybacks based on stock price, general economic and market conditions and other considerations, and the company can limit, suspend, terminate, discontinue or extend the program at any time without prior notice.

Positive

• Board authorization of a share repurchase program for up to 75,000 shares, equal to 9.95% of shares outstanding, or $3 million of common stock.

Negative

• None.

Insights

Equity capital allocation analyst

Approval of a buyback for up to 9.95% of shares is a sizable, potentially shareholder-friendly move.

The board of Parks! America authorized a share repurchase program for up to 75,000 shares, described as 9.95% of shares outstanding, or up to $3 million of its common stock. Repurchases may occur from time to time via open market purchases, privately negotiated transactions or other methods that comply with Rule 10b-18 under the Exchange Act.

The cap, framed as 9.95% of shares outstanding, makes this authorization significant relative to the current equity base. However, its real-world effect depends on how much stock management actually repurchases, since the company may limit, suspend, terminate, discontinue or extend the program at any time without prior notice.

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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

December 17, 2025		000-51254
Date of Report (Date of earliest event reported)		Commission File Number

PARKS! AMERICA, INC.

(Exact name of registrant as specified in its charter)

Nevada		91-0626756
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification Number)

1300 Oak Grove Road

Pine Mountain, GA 31822

(Address of Principal Executive Offices) (Zip Code)

(706-663-8744)

(Registrant’s telephone number, including area code)

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		OTCQX

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 a check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

On December 17, 2025, Parks! America, Inc. (the “Company”) announced that its Board of Directors has authorized a share repurchase program allowing the Company to repurchase up to the lesser of 75,000 shares (9.95% of shares outstanding) or $3 million of the Company’s common stock.

Under the share repurchase program, the Company may repurchase its common stock from time to time using a variety of methods which may include: open market purchases, privately negotiated transactions, or other methods in compliance with all of the conditions of Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The specific timing, price and size of purchases will be at the discretion of management and will depend on a number of factors, including prevailing stock prices, general economic and market conditions, and other considerations. The Company retains the right to limit, terminate, suspend, discontinue or extend the share repurchase program at any time without prior notice or discretion. Attached hereto as Exhibit 99.1 and incorporated by reference herein is the press release announcing the approval of the share repurchase program.

Item 9.01. Financial Statements and Exhibits.

(a) Financial statements of businesses acquired:

Not applicable

(b) Pro forma financial information:

Not applicable

(c) Shell company transactions:

Not applicable

(d) Exhibits:

Exhibit No.		Description of Exhibit
99.1		News Release issued by Parks! America, Inc. on December 17, 2025.
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: December 17, 2025

	PARKS! AMERICA, INC.
	By:	/s/ Rebecca S. McGraw
	Name:	Rebecca S. McGraw
	Title:	Chief Financial Officer

FAQ

What share repurchase program did Parks! America (PRKA) approve on December 17, 2025?

Parks! America’s board approved a share repurchase program that allows the company to buy back its common stock, subject to a maximum share and dollar limit.

How much stock can Parks! America (PRKA) repurchase under the new program?

The program permits repurchases of up to the lesser of 75,000 shares, described as 9.95% of shares outstanding, or $3 million of common stock.

What methods may Parks! America (PRKA) use to conduct share repurchases?

The company may repurchase shares from time to time through open market purchases, privately negotiated transactions or other methods that comply with Rule 10b-18.

Who decides the timing and price of Parks! America (PRKA) share repurchases?

Management will determine the specific timing, price and size of any repurchases based on stock prices, general economic and market conditions and other considerations.

Can Parks! America (PRKA) change or end the share repurchase program?

Yes. The company retains the right to limit, terminate, suspend, discontinue or extend the repurchase program at any time without prior notice or discretion.

Where can more details on the Parks! America (PRKA) buyback be found?

Additional details are provided in a news release attached as Exhibit 99.1, issued by Parks! America, Inc. on December 17, 2025.