Every 8-K that PARKS! AMERICA INC (PRKA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PRKA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PRKA filings page.
Parks! America, Inc. (PRKA), through its wholly owned subsidiary Wild Animal Safari, Inc. in Georgia, entered into a new term loan credit agreement with Cendera Bank dated August 26, 2026, providing a $1.30 million term loan used to repay all indebtedness under a prior Synovus Bank term loan.
The 2026 Term Loan matures on September 1, 2033, has a seven-year term with 25-year amortization and a balloon payment at maturity, and initially bore interest at CME 1‑month term SOFR plus 2.70%. A coterminous Rate Conversion Agreement with SouthState Bank’s ARC Fixed Rate Provider converts this to a fixed 7.35% rate, with an estimated initial monthly payment of $9,570. The loan is secured by substantially all Wild Animal Safari, Inc.’s assets and is guaranteed by Parks! America, Inc., and carries covenants including a minimum Debt Service Coverage Ratio of 1.20:1.00 for both the parent guarantor and the subsidiary borrower on a trailing twelve‑month basis.
Parks! America, Inc. reported third fiscal quarter 2026 results for its three regional safari parks. Consolidated revenue for the 13 weeks ended June 28, 2026 was $3,499,303, generating segment income of $1,426,892, a segment operating margin of 40.8%. Georgia, Missouri and Texas parks all contributed positive segment income.
For the 39 weeks ended June 28, 2026, consolidated revenue was $7,889,048 and segment income was $2,328,943. Income before income taxes was $930,618 for the quarter and $918,317 year-to-date, compared with $1,084,599 and $1,032,778 in the prior-year periods. Prior-year results included contested proxy and related matters, net, of $(103,657) for the quarter and $(670,814) year-to-date, while none were reported in 2026.
As of June 28, 2026, total assets were $19,881,352 and cash and short-term investments totaled $4,344,754. The company plans to review these results on an August 10, 2026 conference call and webcast.
Parks! America, Inc. filed an amended report describing a refinancing at its Aggieland-Parks subsidiary. On June 17, 2026, Aggieland-Parks completed a new term loan with Cendera Bank with a $2.33 million principal balance maturing on June 1, 2033.
The seven-year loan, amortized over 25 years, carries an initial variable rate based on 1‑month CME SOFR plus 2.70%, which was 6.34% at closing. A separate Promissory Note Rate Conversion Agreement with SouthState Bank converts payments to a fixed 6.99% rate over the term.
The refinancing eliminates a $2.5 million cash collateral reserve previously established with Cendera Bank. Parks! America guarantees the loan, which is secured by substantially all Aggieland-Parks assets and includes a minimum debt service coverage ratio covenant of 1.20 to 1.00 on a trailing twelve‑month basis.
Parks! America, Inc. reported that its subsidiary Aggieland-Parks, Inc. completed a refinancing of its term loan with Cendera Bank. The new 2026 Term Loan has a principal balance of $2.33 million, a seven-year term with 25-year amortization, and a balloon payment due on June 1, 2033.
The interest rate is based on 1-month CME SOFR plus 2.70%, which produced an initial rate of 6.34% as of June 17, 2026, and an estimated monthly payment of $16,561. Aggieland-Parks simultaneously entered into an interest rate swap designated as a cash flow hedge, effectively converting the variable rate into a fixed rate of 6.99% over the loan term.
The refinancing eliminated a prior $2.5 million cash collateral reserve requirement established with Cendera Bank and is secured by substantially all Aggieland-Parks assets, with a guaranty from Parks! America, Inc. The agreements impose a minimum Debt Service Coverage Ratio of 1.20 to 1.00 on a trailing twelve-month basis, along with standard reporting covenants and customary events of default.
Parks! America, Inc. reported stronger results for the second fiscal quarter ended March 29, 2026. Consolidated revenue for the 13-week period rose to $2,296,347 from $2,002,021 a year earlier, while consolidated segment income increased to $494,324 from $222,421. Texas Park delivered the highest segment margin at 30.6%, with Georgia at 22.3% and Missouri at 6.6%.
For the 26-week year-to-date period, total revenue grew to $4,389,745 from $3,772,479, and consolidated segment income nearly doubled to $902,051 from $455,140. After unallocated corporate expenses, depreciation, interest and other items, income before income taxes was $33,260 for the quarter and a modest loss of $12,301 year-to-date. As of March 29, 2026, total assets were $19,215,739 and cash and short-term investments totaled $3,477,936.
Parks! America, Inc. has formalized an offer letter with President and Chief Executive Officer Geoff Gannon, transitioning him to full-time employment effective March 31, 2026. The agreement, dated April 7, 2026, provides an annual base salary of $90,000, paid monthly, and eligibility for employer-paid health insurance benefits, subject to the company’s ability to provide such benefits. Mr. Gannon’s employment is on an at-will basis, and the full offer letter is filed as an exhibit.
Parks! America, Inc. reported the results of its 2026 Annual Meeting of Stockholders held on March 20, 2026. As of the February 27, 2026 record date, 753,577 shares of common stock were outstanding, each entitled to one vote. A quorum was achieved with 403,308 shares represented, or approximately 53.52% of the outstanding shares.
Stockholders elected four directors: Geoffrey Gannon (391,875 votes for, 2,518 abstain), Andrew Kuhn (391,895 for, 2,498 abstain), Jacob McDonough (391,895 for, 2,498 abstain), and Matthew Hansen (391,943 for, 2,450 abstain). Stockholders also voted on two additional matters, with one receiving 401,222 votes for and another receiving 389,584 votes for.
Parks! America, Inc. reported first fiscal quarter 2026 results with consolidated revenue of $2,093,398 for the 13 weeks ended December 28, 2025, up from $1,770,458 a year earlier. Georgia, Missouri and Texas parks all contributed, led by Georgia with $1,182,629 in revenue.
Consolidated segment income increased to $407,727 from $232,719, but after corporate expenses, depreciation, interest and other items the company recorded a loss before income taxes of $45,561, compared with income before income taxes of $276,941 in the prior-year period.
Total assets were $19,208,517 as of December 28, 2025, including cash and short-term investments of $3,421,972. Capital expenditures for the quarter were $304,853, primarily at the Georgia park. Management plans to review these results on a conference call on February 9, 2026, at 4:30 p.m. ET.
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.
Parks! America, Inc. reported that it has released a news announcement covering its results of operations for the fourth fiscal quarter and full fiscal year ended September 28, 2025, along with its financial condition as of that date. The company furnished this information through a news release dated December 12, 2025, which is included as Exhibit 99.1.
The earnings information in the news release is being furnished rather than filed under securities laws, meaning it is not automatically incorporated into other securities offerings or reports unless specifically referenced. Parks! America’s common stock trades under the symbol PRKA on the OTCQX market.