Daktronics going concern
WebJan 30, 2024 · 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. ... culminated in the Company’s auditor issuing “substantial doubt about the Company’s ability to continue as a going concern,” as disclosed in the recent 8-K filed … WebDec 13, 2024 · Daktronics is to take action to boost liquidity, after warning that it cannot alleviate substantial doubt about its ability to continue as a going concern. The warning was issued last week, in a …
Daktronics going concern
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WebDec 7, 2024 · “As a result, we have concluded that our plans do not alleviate substantial doubt about our ability to continue as a going concern.” On Oct. 31, the company filed a report with the SEC indicating that it had … WebFeb 8, 2024 · If you purchased or acquired Daktronics securities, and/or would like to discuss your legal rights and options please visit Daktronics, Inc. Shareholder Class Action Lawsuit or contact Joseph R ...
WebDec 19, 2024 · Daktronics CEO Reece Kurtenbach wrote in the financial filing that “in our 54-year history, we have not been faced with the perfect storm that the last two years represent.” ... The going concern … WebApr 9, 2024 · Daktronics releases statement regarding 'going concern' filing. Daktronics CEO and President Reece Kurtenbach released a statement Thursday after the company held a belated earnings call for …
WebDec 8, 2024 · Daktronics Delays Earnings Amid Questions About Going Concern Status. Yesterday the digital billboard maker Daktronics delayed the release of financial … WebJan 27, 2024 · Nearly two months after Daktronics filed a report with the Securities Exchange Commission (SEC) in which it raised doubt about the company’s “ability to continue as a going concern,R…
WebJan 31, 2024 · Digital billboard manufacturer Daktronics stock rose 8% yesterday to close at $4.01. The stock has recovered any losses which occurred after the December going concern announcement and is now back to where it was last August. Billboard Insider's take: Daktronics stock has more than recovered from any losses which occurred …
WebDec 14, 2024 · Daktronics announced the going concern conclusion, the post fulfillment of the second quarter earnings release and call and a delay in the filing of the company's second quarter Form 10-Q.... citwebdevWebDec 9, 2024 · Shares of the scoreboard and LED display maker Daktronics (NASDAQ: DAKT) fell 40% in a single session and they may fall further. The reason is that the company filed a document with the SEC that... citwasteservices.com/pay-your-billWebJan 27, 2024 · Alta Fox Capital Management released a letter stating its concern and dissatisfaction with company executive leadership and the company's trajectory, which it has sent to the strategy and financing review committee of the board of directors for Daktronics, according to the report. cit washoe countyWebDec 5, 2024 · For more information, visit the company's website at: www.daktronics.com, email the company at [email protected], call (605) 692-0200 or toll-free (800) … cit was founded in what yearWebJan 30, 2024 · On December 6, 2024, Daktronics disclosed that it would be unable to timely file its Quarterly Report on Form 10-Q for the period ended October 29, 2024, and that there is "substantial doubt ... cit wais ivWebJan 23, 2024 · Subsequent to Daktronics becoming a “going concern” in December 2024, Alta Fox overcame shock and quickly contacted management to reiterate its willingness to provide certain, immediate capital. More than a month ago, Alta Fox sent a term sheet to the Company that provided for governance enhancements, including providing us … citweb03/citrix/xenapp/auth/login.aspxWebDaktronics is an American company based in Brookings, South Dakota, that designs, manufactures, sells, and services video displays, scoreboards, digital billboards, dynamic … cit washoe county school district