Daktronics to Appoint Peter Feigin to the Board Daktronics Confirms Its Commitment to An Investor Day in 2025 Alta Fox to Withdraw Litigation and Support Reincorporation to Delaware BROOKINGS, S.D., March 03, 2025 (GLOBE NEWSWIRE) — Daktronics, Inc. (“Daktronics,” the “Company,” “we,” or “us”) (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems […]
February 05, 2025 03:00 AM Pacific Standard Time DALLAS–(BUSINESS WIRE)–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 […]
Insider Note: And in return, Daktronics replies: BROOKINGS, S.D.,Feb. 05, 2025 (GLOBE NEWSWIRE) — Daktronics, Inc. (“Daktronics,” the “Company,” “we” or “us”) (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 issued the following statement regarding the recent public comments […]
Billboard Insider’s Note: It had been quiet for a few days since Alta Fox went public with their concerns about Daktronics. Yesterday another investment group, Breach Inlet Capital, LP, went public voicing their support of Alta Fox and their shared concerns about Daktronics management. Here is their letter. Dear Members […]
Yesterday we shared that the largest shareholder in Daktronics, Alta Fox Capital, was not happy with the Board and Management at Daktronics. Things heated up on Wednesday as Daktronics provided their thoughts and Alta Fox quickly countered. First, comments from a Daktronics public letter: BROOKINGS, S.D., Dec. 11, 2024 (GLOBE […]
If Insider told you, your investment in a company would gain 132% in a year, we would expect that might make you smile. Apparently not, Alta Fox Capital who we have written about over the last few years and who holds a 12% ownership in Daktronics on a fully converted […]
BROOKINGS, S.D., Nov. 08, 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, after careful deliberation, the Board of Directors (the “Board”) has determined that it is […]
Looks as if Daktronics’ successful extension of their U.S. Bank led credit facility was not enough for Connor Haley, Managing Partner of Alta Fox Capital Management. Shortly after Daktronics’ announcement, Alta Fox sent the following letter to The Strategy and Financing Review Committee of the Board of Directors. Some thoughts […]
Alta Fox Capital Management is led by Connor Haley. Connor describes his investment philosophy as trying to find high quality businesses that are misunderstood by the market. Prior to investing, the Alta Fox team typically does extensive diligence with a business, including meeting with the management team to determine if […]
Insider has been monitoring developments at Daktronics since their “Going Concern” announcement in December of last year. As we reported, there have been a number of attorneys focused on class action suits which was to be expected. This letter to the Board of Directors is a much more significant development. […]
