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     185  0 Kommentare Parks! America Announces ISS Recommends Shareholders Vote “FOR” Each of the Director Nominees Recommended by the Board

    ISS Joins Glass Lewis in Support of CEO Lisa Brady and the Parks! America slate of directors

    Parks! America Reminds Shareholders to Vote Today on the WHITE Proxy Card for Our Highly Qualified Nominees

    PINE MOUNTAIN, Georgia, May 28, 2024 (GLOBE NEWSWIRE) -- Parks! America, Inc. (OTCPink: PRKA) (the “Company” or “Parks! America”), a leading operator of regional safari parks in the U.S., announced today that Institutional Shareholders Services, Inc, (“ISS”), a leading independent proxy advisory firm, has recommended that Parks! America shareholders vote “FOR” each of the Board of Directors’ nominees: Lisa Brady, Charles Kohnen, Jeffery Lococo, Rick Ruffolo, Jon M. Steele and Todd R. White; “FOR” Geoff Gannon, the Focused Compounding Fund, LP (collectively with its affiliates, “Focused Compounding”) nominee who was recommended by the Board of Directors; “AGAINST” all other Focused Compounding nominees; and “AGAINST” the Focused Compounding proposal at the upcoming Annual Meeting on June 6, 2024.

    The ISS Analysis stated, “Given the lack of detail of the dissident critique, and the lack of a go-forward plan underlying its attempt at board control, support for the dissident campaign (Focused Compounding) is not warranted (emphasis added). Shareholders are therefore recommended to vote FOR the board-supported candidates, which include the six members of the management slate (White, Kohnen, Brady, Lococo, Ruffolo, and Steele) and one dissident nominee (Gannon).”

    Lisa Brady, Chief Executive Officer of Parks! America, said, “We are pleased that the non-partisan analyses of both ISS and Glass Lewis have concluded that the interests of the Parks! America shareholder base are best served by the current management team and the Board of Directors. This is a strong validation from the leading independent arbiters in these corporate matters. We are making measurable progress in reinvigorating our properties after years of neglect and significant disrepair. We look forward to continuing to execute our strategic plan and to enhance shareholder value.”

    VOTE “FOR” PARKS! AMERICA’S NOMINEES ON THE WHITE PROXY CARD TODAY
    If you have any questions or require any assistance with voting, please contact the Company’s proxy solicitor, Saratoga Proxy Consulting, LLC, by calling (212) 257-1311 or toll free at (888) 368-0379, or by email at info@saratogaproxy.com.

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    Parks! America Announces ISS Recommends Shareholders Vote “FOR” Each of the Director Nominees Recommended by the Board ISS Joins Glass Lewis in Support of CEO Lisa Brady and the Parks! America slate of directors Parks! America Reminds Shareholders to Vote Today on the WHITE Proxy Card for Our Highly Qualified Nominees PINE MOUNTAIN, Georgia, May 28, 2024 (GLOBE …