Daktronics Files Proxy Statement Amendment

TL;DR

Daktronics filed a proxy update, shareholders vote soon.

AI Summary

Daktronics, Inc. filed an amendment (Amendment No. 1) to its Definitive Proxy Statement (DEFA14A) on August 28, 2024. This filing concerns the solicitation of proxies for its annual meeting of shareholders. The company is incorporated in South Dakota and its fiscal year ends on April 27.

Why It Matters

This filing is a routine update to the proxy statement, providing shareholders with information necessary to vote on matters at the upcoming annual meeting.

Risk Assessment

Risk Level: low — This is a standard regulatory filing for a public company's proxy statement, not indicating any immediate financial or operational risks.

Key Players & Entities

• Daktronics, Inc. (company) — Registrant
• 20240828 (date) — Filing Date
• South Dakota (location) — State of Incorporation

FAQ

Filing Documents

• defa14a.htm (DEFA14A) — 16KB
• 0000915779-24-000069.txt ( ) — 17KB

From the Filing

Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. 1) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 Daktronics, Inc. (Name of Registrant as Specified in its Charter) ____________________________ (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply) No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. DAKTRONICS, INC. 201 Daktronics Drive Brookings, South Dakota 57006 SUPPLEMENT DATED AUGUST 27, 2024 TO PROXY STATEMENT DATED AUGUST 5, 2024 FOR THE ANNUAL MEETING OF STOCKHOLDERS TO BE HELD SEPTEMBER 4, 2024 On August 5, 2024, Daktronics, Inc. (the "Company") filed a definitive proxy statement (the "Proxy Statement") with the Securities and Exchange Commission for the Company's Annual Meeting of Stockholders scheduled for September 4, 2024 (the "Annual Meeting"). The Company is filing this supplement to its Proxy Statement solely to correct an inadvertent error in the number of shares of common stock outstanding as of the close of business on July 8, 2024, the record date for the Annual Meeting (the "Record Date"), as previously disclosed in the Proxy Statement. The number of shares of the Company's common stock outstanding on the Record Date reported in the Proxy Statement inadvertently excluded 60,253 shares of common stock had been exercised and issued as of the record date. The correct number of shares outstanding on the Record Date is 46,402,325, all of which are entitled to vote at the Annual Meeting. Accordingly, the references to 46,342,072 shares of common stock on pages 1 and 4 of the Proxy Statement are hereby replaced with 46,402,325 shares of common stock. The correction of the number of shares outstanding at the close of business on the Record Date had no effect on the beneficial ownership percentages as reported in the Proxy Statement in the table under the heading "Security Ownership of Certain Beneficial Owners and Management". This supplement does not modify, change, amend, supplement or otherwise affect any of the other disclosures contained in the Proxy Statement.

View Full Filing

View this DEFA14A filing on SEC EDGAR