{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-007858","form_type":"8-K","ticker":"PRKA","cik":"0001297937","company_name":"PARKS AMERICA, INC","filed_at":"2025-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.859903+00:00","generated_at":"2026-05-23T02:03:46.038638+00:00","sec_items":["3.03","8.01","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Parks! America (PRKA) effects 1-for-500 reverse/5-for-1 forward stock split effective April 30","bullets":["Reverse/forward stock split: 1-for-500 reverse then 5-for-1 forward, effective April 30, 2025 at 5:00 PM ET.","Post-split shares will trade under symbol PRKAD for 20 trading days, then revert to PRKA; new CUSIP 701455206.","Outstanding shares reduce from 75,726,851 to approximately 754,045.","Cash paid for fractional shares: holders with fewer than 500 shares receive cash based on 5-day average closing price.","Purpose: reduce excessive administrative costs associated with disproportionately large number of small stockholders."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-007858","json":"https://secwatch.observer/filing/0001641172-25-007858.json","markdown":"https://secwatch.observer/filing/0001641172-25-007858.md","text":"https://secwatch.observer/filing/0001641172-25-007858.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1297937/000164117225007858/0001641172-25-007858-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1297937/000164117225007858/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T02:03:46.038638+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}