Daktronics Has Approved An Amendment To The Co's Existing Shareholder Rights Agreement, Pursuant To Which The Expiration Date Of The Rights Agreement Was Extended To November 19, 2025, The Exercise Price Was Changed To $40.00, And The Beneficial Ownership Threshold At Which The Rights Become Exercisable Was Changed To 15%
Daktronics, Inc. ("Daktronics" or the "Company") (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 announced that its Board of Directors (the "Board") has approved an amendment (the "Second Amendment") to the Company's existing Shareholder Rights...
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