SC 13G: DAKTRONICS INC /SD/
Ticker: DAKT · Form: SC 13G · Filed: May 9, 2024 · CIK: 915779
Sentiment: neutral
Topics: sc-13g
AI Summary
SC 13G filing by DAKTRONICS INC /SD/.
Risk Assessment
Risk Level: low
Filing Stats: 1,148 words · 5 min read · ~4 pages · Grade level 8.5 · Accepted 2024-05-09 14:45:34
Filing Documents
- d73600936a.htm (SC 13G) — 64KB
- d73600936b.htm (EX-99.1) — 3KB
- 0000899140-24-000533.txt ( ) — 68KB
(a)
Item 1(a). Name of Issuer: Daktronics, Inc.
(b)
Item 1(b). Address of the Issuer's Principal Executive Offices: 201 Daktronics Drive Brookings, SD 57006
(a)
Item 2(a). Name of Person Filing This statement is filed by (i) Duquesne Family Office LLC and (ii) Stanley Druckenmiller. Duquesne Family Office LLC and Stanley Druckenmiller have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 99.1, pursuant to which they have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Act.
(b)
Item 2(b). Address of Principal Business Office or, if None, Residence: The address of the principal business office of each of Duquesne Family Office LLC and Stanley Druckenmiller is 40 West 57th Street, 25th Floor New York, New York, 10019.
(c)
Item 2(c). Citizenship: Duquesne Family Office LLC is a Delaware limited liability company. Mr. Druckenmiller is a United States citizen.
(d)
Item 2(d). Title of Class of Securities: Common Stock
(e)
Item 2(e). CUSIP Number: 234264109 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: This Item 3 is not applicable. Item 4. The percentages used herein are calculated based upon a total of 46,189,311 shares of Common Stock outstanding as of February 19, 2024.
(a)
Item 4(a). Amount Beneficially Owned: 2,493,605 shares of Common Stock
(b)
Item 4(b). Percent of Class: 5.4% of the total number of shares of Common Stock outstanding. CUSIP NO. 234264109 Page 5 of 6 Pages
(c)
Item 4(c) Number of shares as to which such person has: Duquesne Family Office LLC (i) Sole power to vote or direct the vote 0 (ii) Shared power to vote or to direct the vote 2,493,605 (iii) Sole power to dispose or to direct the disposition of 0 (iv) Shared power to dispose or to direct the disposition of 2,493,605 Stanley Druckenmiller (i) Sole power to vote or direct the vote 0 (ii) Shared power to vote or to direct the vote 2,493,605 (iii) Sole power to dispose or to direct the disposition of 0 (iv) Shared power to dispose or to direct the disposition of 2,493,605 Duquesne Family Office LLC and Stanley Druckenmiller own directly no Common Stock. Pursuant to a management agreement, Duquesne Family Office LLC maintains investment and voting power with respect to the securities held by certain investment funds it manages. Mr. Druckenmiller, as Chairman and Chief Executive Officer, controls Duquesne Family Office LLC. By reason of the provisions of Rule 13d-3 of the Act each of Duquesne Family Office LLC and Mr. Druckenmiller may be deemed to beneficially own 2,493,605 shares of Common Stock (constituting 5.4% of such shares outstanding). Each of Duquesne Family Office LLC and Mr. Druckenmiller disclaims beneficial ownership of any of the securities covered by this statement. Item 5. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [_]. Item 6. Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: Not applicable. Item 8. Identification and Classification of Members of the Group: Not applicable. Item 9. Notice of Dissolution of Group: Not applicable. I
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: May 9, 2024 Duquesne Family Office LLC By: /s/ Stanley Druckenmiller Name: Stanley Druckenmiller Title: Chairman and CEO Date: May 9, 2024 /s/ Stanley Druckenmiller Stanley Druckenmiller