Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 NEWS RELEASE ISSUED BY PARKS! AMERICA, INC. ON JANUARY 16, 2020 - PARKS AMERICA, INC | f8k011520_ex99z1.htm |
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
January 15, 2020 |
| 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) | ||
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(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))
Item 7.01Regulation FD Disclosure.
On January 16, 2020, Parks! America, Inc. (the “Company”) announced effective January 15, 2020, it entered into a non-binding Letter of Intent with Aggieland Safari, Inc. (“Aggieland”) for the purchase of the assets of Aggieland substantially consisting of the Aggieland Safari Adventure Zoo and Safari Park located in Bryan, Texas and an interest in certain mineral rights associated with the real property. The agreed upon purchase price is $7.5 million. The transaction is subject to continuing due diligence by the Company and certain contingencies outlined in the letter, including financing to be obtained by the Company.
Item 9.01Financial Statements and Exhibits
(a) Financial Statements of Business Acquired.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Shell Company Transaction.
Not applicable.
(d) Exhibits.
Exhibit No. |
| Description of Exhibit |
| News release issued by Parks! America, Inc. on January 16, 2020 |
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.
| PARKS! AMERICA, INC. | |
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|
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Date: January 16, 2020 | By: | /s/ Dale Van Voorhis |
| Name: | Dale Van Voorhis |
| Title: | Chief Executive officer and |
|
| Chairman of the Board |