Daktronics, Inc. - Common Stock (DAKT)

NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ:DAKT) on behalf of Daktronics stockholders. Our investigation concerns whether Daktronics has violated the federal securities laws and/or engaged in other unlawful business practices.

NEW YORK CITY, NY / ACCESS Newswire / March 18, 2025 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day March Small-Cap Conference taking place Wednesday and Thursday, March 19-20, 2025. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.

BROOKINGS, S.D., March 12, 2025 (GLOBE NEWSWIRE) -- Daktronics Inc. (Nasdaq: DAKT), a leading global designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, announced that management will present and host one-on-one meetings with investors at the Sidoti Virtual Investor Conference, taking place on March 19-20, 2025.

Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ: DAKT) investors concerning the Company’s possible violations of the federal securities laws.

Law Offices of Howard G. Smith announces an investigation on behalf of Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ: DAKT) investors concerning the Company’s possible violations of federal securities laws.

The Law Offices of Frank R. Cruz announces an investigation of Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ: DAKT) on behalf of investors concerning the Company’s possible violations of federal securities laws.

Reece Kurtenbach to Step Down as Chairman, President and CEO and Transition to Advisory Role

Daktronics to Appoint Peter Feigin to the Board

BROOKINGS, S.D., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its third quarter fiscal 2025 financial results on Wednesday, March 5, 2025 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day.

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the largest shareholder of Daktronics, Inc. (NASDAQ: DAKT) (“Daktronics” or the “Company”) based on its beneficial ownership interest on a fully converted basis of 11.7% of the Company’s outstanding shares, today issued the following statement correcting misleading claims from Daktronics regarding Alta Fox’s equity stake.

Notes that Alta Fox Has Been Seeking to Sell the Majority of Its Equity Stake, Even as It Publicly Claims to Be Committed to Daktronics for the Long Term

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the largest shareholder of Daktronics, Inc. (NASDAQ: DAKT) (“Daktronics” or the “Company”) based on its beneficial ownership interest on a fully converted basis of 11.7% of the Company’s outstanding shares, today announced that it has filed a lawsuit against the Company and Chairman, President and Chief Executive Officer Reece A. Kurtenbach in the United States District Court for the District of South Dakota.

Shareholders to Vote on a Proposal to Reincorporate the Company in Delaware

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and Daktronics (Nasdaq: DAKT), today announced a multi-year, global patent license agreement effective December 2024. With limited exceptions, this agreement provides a license to Daktronics for Cree LED’s patented technology for the duration of the agreement.

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the largest shareholder of Daktronics, Inc. (NASDAQ: DAKT) (“Daktronics” or the “Company”) based on its beneficial ownership interest on a fully converted basis of 11.7% of the outstanding shares, today issued the following statement to correct misleading claims from the Company regarding Alta Fox’s motives and recent actions:

Highlights Alta Fox’s Self-Serving Campaign to Pressure the Daktronics Board into Taking Actions that Would Favor Alta Fox as a Creditor

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the largest shareholder of Daktronics, Inc. (NASDAQ: DAKT) (“Daktronics” or the “Company”) based on its beneficial ownership interest on a fully converted basis of 11.7% of the outstanding shares, today released a presentation that details a clear path to unlocking the full potential of the Company. The presentation, a similar version of which was delivered by Alta Fox Founder and Managing Partner Connor Haley at the Bloomberg Activism Forum 2024, can be accessed at www.FixDaktronics.com.

BROOKINGS, S.D., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (Nasdaq: DAKT), a leading global designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide today announced that Reece Kurtenbach, Chief Executive Officer and Sheila Anderson, Chief Financial Officer will be presenting at The Benchmark Company’s 13th Annual Discovery One-on-One Investor Conference to be held Wednesday, December 11th, 2024 at the New York Athletic Club in New York City.

Generates Record Cash Flow on Strong Sales Growth

BROOKINGS, S.D., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its second quarter fiscal 2025 financial results on Wednesday, December 4, 2024 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day.

BROOKINGS, S.D., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today announced that its Board of Directors (the “Board”) has approved an amendment (the “Second Amendment”) to the Company’s existing Shareholder Rights Agreement (the “Rights Agreement”), pursuant to which the expiration date of the Rights Agreement was extended to November 19, 2025, the exercise price was changed to $40.00, and the beneficial ownership threshold at which the rights become exercisable was changed to 15% (or 20% in the case of a passive, “13G Investor,” as defined in the Rights Agreement).

Company Intends to Execute Share Repurchases to Offset Dilution

Business Transformation Office Driving Strategic Initiatives to Accelerate Profitable Growth, Increase Margins and Drive Consistent Returns on Invested Capital in the Mid-to-High Teens

61 LED displays create 11,000+ square feet of digital canvas throughout Kaseya Center

BROOKINGS, S.D., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Daktronics Inc. (Nasdaq: DAKT), a leading global designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, announced that Sheila Anderson, Chief Financial Officer, will present and host one-on-one meetings with investors at the Sidoti September Virtual Investor Conference, taking place on September 18-19, 2024.