Daktronics Comments on Press Release and Litigation from Alta Fox Capital Management
Daktronics, Inc. (DAKT)
Last daktronics, inc. earnings: 5/29 07:30 am
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US:NASDAQ Investor Relations:
investor.daktronics.com
Company Research
Source: GlobeNewswire
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 Intends to Vigorously Defend Itself from Alta Fox’s Baseless Litigation to Ensure that Shareholders Can Vote on Reincorporation 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 and litigation from Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox”): Daktronics’ Board of Directors (the “Board”) is committed to governing the Company in a manner that serves the interests of all shareholders. Over the last five years, the Company’s stock has generated annualized, compounded total returns for shareholders of more th
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