secwatch.observer — SEC 8-K summary
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Issuer:     PARK AEROSPACE CORP (PKE)
CIK:        0000076267
Form:       8-K
Filed at:   2023-04-21T23:59:59+00:00
Accession:  0001437749-23-010787
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Park Aerospace enters cooperation agreement with Huffman; nominates Shane Connor to board
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- Park Aerospace agrees to nominate Huffman's Managing Partner Shane Connor for election at 2023 annual meeting.
- If elected, Connor will be appointed to a Board committee; term expires at 2024 annual meeting.
- Huffman agrees to standstill, voting commitments, and 40% net long position threshold for nomination obligations.
- Agreement terminates upon material breach with 5 business days' cure period or after 2024 annual meeting if Connor leaves board.
- CEO Brian Shore states board looks forward to welcoming Connor; cites his character and experience.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76267/000143774923010787/0001437749-23-010787-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76267/000143774923010787/pke20230420_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-010787

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer