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Daktronics going concern

WebJan 26, 2024 · DALLAS, January 26, 2024--Alta Fox Capital Management, LLC today released the below letter sent to Daktronics, Inc.’s (NASDAQ: DAKT) Strategy and Financing Review Committee of the Board of ... WebDec 12, 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 …

DAKTRONICS, INC. (NASDAQ: DAKT) SHAREHOLDER CLASS …

WebJan 20, 2024 · New York, New York 10019. (212) 451-2300. (Name, Address and Telephone Number of Person. Authorized to Receive Notices and Communications) January 20, 2024. (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject … WebDec 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... popcorn ceiling scraper harbor freight https://deltasl.com

Daktronics takes action after business continuity warning

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 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 … WebJan 14, 2024 · Then, on December 6, 2024, after the market closed, Daktronics filed a Form 12b-25 with the SEC stating that it would be unable to timely file its Quarterly Report on Form 10-Q for the period ... popcorn ceiling scraper tool

Daktronics investor criticizes 2 top leaders - keloland.com

Category:Daktronics, Inc. (NASDAQ:DAKT) Q2 2024 Earnings Call …

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Daktronics going concern

This Is Why Daktronics Fell 40% In One Day - MarketBeat

WebJan 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 … 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 ...

Daktronics going concern

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WebDec 12, 2024 · That “going concern” is raised when a company’s continuing ability to keep the lights on and the production line operating is in question. The SEC filing last week … WebJan 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 ...

WebDec 12, 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) 843-5843 in the United States, or ... 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 15, 2024 · The company’s stock fell 39% after the filing, and Daktronics stock was down again in early trading last Thursday, slipping to as low as $1.90 per share. Daktronics filed paperwork with the... WebDaktronics, Inc. (the "Company," "we," "us" or "our") is unable to timely file its Quarterly Report on Form 10-Q for the period ended October 29, 2024 (the "Form 10-Q") on or …

WebJan 30, 2024 · Daktronics actually finished up 15.6% for the week after that all came out. Kurtenbach said last month on the company’s most recent earnings call that the last two years created a perfect storm (as in perfectly bad) for his company, but that a lot of the issues that forced the SEC filing and “going concern” language were easing.

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… popcorn ceiling remover vacuum attachmentWebDec 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 … popcorn ceiling scraper home depotWebJan 19, 2024 · According to the complaint, 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 ... popcorn ceiling removal with asbestosWebDec 12, 2024 · Daktronics Inc. raised doubts on Monday about whether it would have enough cash to continue operations while reporting that it swung to a loss in the fiscal … popcorn ceiling replacement optionsWebDec 12, 2024 · Daktronics, Inc (NASDAQ: DAKT) reported second-quarter FY23 net sales growth of 14% year-over-year to $187.4 million, beating the consensus of $184.2 million. Orders for the quarter increased by ... sharepoint list view filter date last 30 daysWebDec 12, 2024 · On Oct. 31, the company filed a report with the SEC indicating that it had amended its revolving loan credit with U.S. Bank from $35 million to $45 million until Jan. … popcorn ceiling scraper vacuum attachmentWebThen, on December 6, 2024, Daktronics filed a Form 12b-25 with the SEC stating 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” about the Company’s ability to continue as a going concern. Daktronics also disclosed that it recorded a ... popcorn ceiling scraper with bag lowe\u0027s