Form SCHEDULE 13D/A DAKTRONICS INC /SD/ Filed by: Alta Fox Opportunities Fund, LP
|
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 6)*
|
DAKTRONICS INC /SD/ (Name of Issuer) |
Common Stock, par value $0.00001 per share (Title of Class of Securities) |
(CUSIP Number) |
CONNOR HALEY ALTA FOX CAPITAL MANAGEMENT, LLC, 640 Taylor Street, Suite 2522 Fort Worth, TX, 76102 (817) 639-2369 Michal Riha STANDISH COMPLIANCE, 200 Crescent Court, Suite 1300 Dallas, TX, 75201 817.659.2985 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
06/26/2026 (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 of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
|
| CUSIP No. |
| 1 |
Name of reporting person
Alta Fox Opportunities Fund, LP | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b) | ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
2,886,799.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
6.0 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D
|
| CUSIP No. |
| 1 |
Name of reporting person
Alta Fox GenPar, LP | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b) | ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
2,886,799.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
6.0 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D
|
| CUSIP No. |
| 1 |
Name of reporting person
Alta Fox Equity, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b) | ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
2,886,799.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
6.0 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13D
|
| CUSIP No. |
| 1 |
Name of reporting person
ALTA FOX CAPITAL MANAGEMENT, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b) | ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
TEXAS
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
2,886,799.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
6.0 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IA |
SCHEDULE 13D
|
| CUSIP No. |
| 1 |
Name of reporting person
Haley Patrick Connor | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b) | ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
OO | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
| ||||||||
| 6 | Citizenship or place of organization
UNITED STATES
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
2,886,799.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
| ||||||||
| 13 | Percent of class represented by amount in Row (11)
6.0 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13D
|
| Item 1. | Security and Issuer | |
| (a) | Title of Class of Securities:
Common Stock, par value $0.00001 per share | |
| (b) | Name of Issuer:
DAKTRONICS INC /SD/ | |
| (c) | Address of Issuer's Principal Executive Offices:
201 DAKTRONICS DRIVE, BROOKINGS,
SOUTH DAKOTA
, 57006. | |
Item 1 Comment:
The following constitutes Amendment No. 6 to the Schedule 13D filed by the undersigned ('Amendment No. 6'). Except as specifically amended by this Amendment No. 6, the Schedule 13D remains unchanged. Unless otherwise defined herein, all capitalized terms used herein shall have the meanings given to them in the Schedule 13D. | ||
| Item 3. | Source and Amount of Funds or Other Consideration | |
The Shares purchased by Alta Fox Opportunities were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases, except as otherwise noted, as set forth in Exhibit 1, which is incorporated by reference herein. The aggregate purchase price of the 2,886,799 Shares beneficially owned by Alta Fox Opportunities is approximately $17,979,937, including brokerage commissions. | ||
| Item 5. | Interest in Securities of the Issuer | |
| (a) | Items 5 (a)-(c) are hereby amended and restated to read as follows: The aggregate percentage of Shares reported owned by each person named herein is based upon 48,284,844 Shares outstanding, as of June 15, 2026, which is the total number of Shares outstanding as reported in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on June 24, 2026.
Alta Fox Opportunities
(a) As of the date hereof, Alta Fox Opportunities beneficially owns 2,886,799 Shares.
Percentage: Approximately 6.0%
(b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 2,886,799
3. Sole power to dispose or direct the disposition: 0
4.Shared power to dispose or direct the disposition: 2,886,799
(c) The transactions in the Shares owned by Alta Fox Opportunities during the past sixty days are set forth in Exhibit 1 and are incorporated herein by reference.
| |
| (b) | Alta Fox GP
(a) Alta Fox GP, as the general partner of Alta Fox Opportunities, may be deemed the beneficial owner of the 2,886,799 Shares owned by Alta Fox Opportunities.
Percentage: Approximately 6.0%
(b) 1. Sole power to vote or direct vote: 0
2.Shared power to vote or direct vote: 2,886,799
3.Sole power to dispose or direct the disposition: 0
4.Shared power to dispose or direct the disposition: 2,886,799
(c) Alta Fox GP has not entered into any transactions in the Shares during the past sixty days. | |
| (c) | Alta Fox LLC
(a) Alta Fox LLC, as the general partner of Alta Fox GP, may be deemed the beneficial owner of the 2,886,799 Shares owned by Alta Fox Opportunities.
Percentage: Approximately 6.0%
(b) 1. Sole power to vote or direct vote: 0
2.Shared power to vote or direct vote: 2,886,799
3.Sole power to dispose or direct the disposition: 0
4.Shared power to dispose or direct the disposition: 2,886,799
(c) Alta Fox LLC has not entered into any transactions in the Shares during the past sixty days. | |
| (d) | Alta Fox Capital
(a) Alta Fox Capital, as the investment manager of Alta Fox Opportunities, may be deemed the beneficial owner of the 2,886,799 Shares owned by Alta Fox Opportunities.
Percentage: Approximately 6.0%
(b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 2,886,799
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 2,886,799
(c) Alta Fox Capital has not entered into any transactions in the Shares during the past sixty days. | |
| (e) | Mr. Haley
(a) Mr. Haley, as the sole owner, member and manager of each of Alta Fox Capital and Alta Fox LLC, may be deemed the beneficial owner of the 2,886,799 Shares owned by Alta Fox Opportunities.
Percentage: Approximately 6.0%
(b) 1. Sole power to vote or direct vote: 0
2.Shared power to vote or direct vote: 2,886,799
3.Sole power to dispose or direct the disposition: 0
4.Shared power to dispose or direct the disposition: 2,886,799
(c) Mr. Haley has not entered into any transactions in the Shares during the past sixty days. | |
| Item 7. | Material to be Filed as Exhibits. | |
Item 7 is hereby amended to add the following exhibit:
Exhibit 1: Transactions in the Shares.
| ||
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
|
|
|
|
|
|
|
|
|
|
|
ATTACHMENTS / EXHIBITS