<SEC-DOCUMENT>0001539497-25-002775.txt : 20251024
<SEC-HEADER>0001539497-25-002775.hdr.sgml : 20251024
<ACCEPTANCE-DATETIME>20251024172509
ACCESSION NUMBER:		0001539497-25-002775
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20251024
DATE AS OF CHANGE:		20251024

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DAKTRONICS INC /SD/
		CENTRAL INDEX KEY:			0000915779
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS MANUFACTURING INDUSTRIES [3990]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				460306862
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0502

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-45102
		FILM NUMBER:		251417014

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 5128
		STREET 2:		201 DAKTRONICS DRIVE
		CITY:			BROOKINGS
		STATE:			SD
		ZIP:			57006
		BUSINESS PHONE:		6056974000

	MAIL ADDRESS:	
		STREET 1:		P O BOX 5128
		CITY:			BROOKINGS
		STATE:			SD
		ZIP:			57006

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Alta Fox Opportunities Fund, LP
		CENTRAL INDEX KEY:			0001734916
		ORGANIZATION NAME:           	
		EIN:				824336568
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		1751 RIVER RUN
		STREET 2:		SUITE 400
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76107
		BUSINESS PHONE:		817-350-4230

	MAIL ADDRESS:	
		STREET 1:		1751 RIVER RUN
		STREET 2:		SUITE 400
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76107
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
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  <headerData>
    <submissionType>SCHEDULE 13D/A</submissionType>
    <previousAccessionNumber>0001539497-25-000841</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Alta Fox Opportunities Fund, LP -->
          <cik>0001734916</cik>
          <ccc>XXXXXXXX</ccc>
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      <liveTestFlag>LIVE</liveTestFlag>


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  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>4</amendmentNo>
      <securitiesClassTitle>Common Stock, par value $0.00001 per share</securitiesClassTitle>
      <dateOfEvent>10/24/2025</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0000915779</issuerCIK>
        <issuerCUSIP>234264109</issuerCUSIP>
        <issuerName>DAKTRONICS INC /SD/</issuerName>
        <address>
          <com:street1>PO BOX 5128</com:street1>
          <com:street2>201 DAKTRONICS DRIVE</com:street2>
          <com:city>BROOKINGS</com:city>
          <com:stateOrCountry>SD</com:stateOrCountry>
          <com:zipCode>57006</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>CONNOR HALEY</personName>
          <personPhoneNum>(817) 639-2369</personPhoneNum>
          <personAddress>
            <com:street1>ALTA FOX CAPITAL MANAGEMENT, LLC</com:street1>
            <com:street2>640 Taylor Street, Ste. 2522</com:street2>
            <com:city>Fort Worth</com:city>
            <com:stateOrCountry>TX</com:stateOrCountry>
            <com:zipCode>76102</com:zipCode>
          </personAddress>
        </notificationInfo>
        <notificationInfo>
          <personName>SEBASTIAN ALSHEIMER, ESQ.</personName>
          <personPhoneNum>(212) 999-5800</personPhoneNum>
          <personAddress>
            <com:street1>WILSON SONSINI GOODRICH &amp; ROSATI</com:street1>
            <com:street2>1301 Avenue of the Americas</com:street2>
            <com:city>New York</com:city>
            <com:stateOrCountry>NY</com:stateOrCountry>
            <com:zipCode>10019</com:zipCode>
          </personAddress>
        </notificationInfo>
      </authorizedPersons>
    </coverPageHeader>
    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0001734916</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>ALTA FOX OPPORTUNITIES FUND, LP</reportingPersonName>
        <fundType>WC</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>DE</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>4430799.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>4430799.00</sharedDispositivePower>
        <aggregateAmountOwned>4430799.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>9.1</percentOfClass>
        <typeOfReportingPerson>PN</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0002046794</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>ALTA FOX GENPAR, LP</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>DE</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>4430799.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>4430799.00</sharedDispositivePower>
        <aggregateAmountOwned>4430799.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>9.1</percentOfClass>
        <typeOfReportingPerson>PN</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0002046809</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>ALTA FOX EQUITY, LLC</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>DE</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>4430799.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>4430799.00</sharedDispositivePower>
        <aggregateAmountOwned>4430799.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>9.1</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001858353</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>ALTA FOX CAPITAL MANAGEMENT, LLC</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>TX</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>4430799.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>4430799.00</sharedDispositivePower>
        <aggregateAmountOwned>4430799.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>9.1</percentOfClass>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001914940</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>P. CONNOR HALEY</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>4430799.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>4430799.00</sharedDispositivePower>
        <aggregateAmountOwned>4430799.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>9.1</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>Common Stock, par value $0.00001 per share</securityTitle>
        <issuerName>DAKTRONICS INC /SD/</issuerName>
        <issuerPrincipalAddress>
          <com:street1>PO BOX 5128</com:street1>
          <com:street2>201 DAKTRONICS DRIVE</com:street2>
          <com:city>BROOKINGS</com:city>
          <com:stateOrCountry>SD</com:stateOrCountry>
          <com:zipCode>57006</com:zipCode>
        </issuerPrincipalAddress>
        <commentText>The following constitutes Amendment No. 4 to the Schedule 13D filed by the undersigned ("Amendment No. 4"). This Amendment No. 4 amends the Schedule 13D as specifically set forth herein. Unless otherwise defined herein, all capitalized terms used herein shall the meanings given to them in the Schedule 13D.</commentText>
      </item1>
      <item3>
        <fundsSource>Item 3 is hereby amended as follows:

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 4,430,799 Shares beneficially owned by Alta Fox Opportunities is approximately $26,554,234, including brokerage commissions.</fundsSource>
      </item3>
      <item4>
        <transactionPurpose>Item 4 is hereby amended to add the following:

On October 24, 2025, the Reporting Persons entered into an Amendment to the Cooperation Agreement with the Issuer (the "Amendment"), which amended the Agreement. The Amendment provides that the Issuer's investor day will now be held no later than May 2, 2026, which is the Issuer's 2026 fiscal year end.

The foregoing description of the Amendment is qualified in its entirety by reference to the Amendment, which is attached as Exhibit 99.1 hereto and is incorporated herein by reference.</transactionPurpose>
      </item4>
      <item5>
        <percentageOfClassSecurities>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 48,530,238 Shares outstanding, as of September 2, 2025, which is the total number of Shares outstanding as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on September 10, 2025.

Alta Fox Opportunities

(a) As of the date hereof, Alta Fox Opportunities beneficially owns 4,430,799 Shares.

      Percentage: Approximately 9.1%

(b) 1. Sole power to vote or direct vote: 0
     2. Shared power to vote or direct vote: 4,430,799
     3. Sole power to dispose or direct the disposition: 0
     4. Shared power to dispose or direct the disposition: 4,430,799

(c) The transactions in the Shares by Alta Fox Opportunities during the past sixty days are set forth in Exhibit 1 and are incorporated herein by reference.</percentageOfClassSecurities>
        <numberOfShares>Alta Fox GP

(a) Alta Fox GP, as the general partner of Alta Fox Opportunities, may be deemed the beneficial owner of the 4,430,799 Shares owned by Alta Fox Opportunities.

      Percentage: Approximately 9.1%

(b) 1. Sole power to vote or direct vote: 0
     2. Shared power to vote or direct vote: 4,430,799
     3. Sole power to dispose or direct the disposition: 0
     4. Shared power to dispose or direct the disposition: 4,430,799

(c) Alta Fox GP has not entered into any transactions in the Shares during the past sixty days.</numberOfShares>
        <transactionDesc>Alta Fox LLC

(a) Alta Fox LLC, as the general partner of Alta Fox GP, may be deemed the beneficial owner of the 4,430,799 Shares owned by Alta Fox Opportunities.

      Percentage: Approximately 9.1%

(b) 1. Sole power to vote or direct vote: 0
     2. Shared power to vote or direct vote: 4,430,799
     3. Sole power to dispose or direct the disposition: 0
     4. Shared power to dispose or direct the disposition: 4,430,799

(c) Alta Fox LLC has not entered into any transactions in the Shares during the past sixty days.</transactionDesc>
        <listOfShareholders>Alta Fox Capital

(a) Alta Fox Capital, as the investment manager of Alta Fox Opportunities, may be deemed the beneficial owner of the 4,430,799 Shares owned by Alta Fox Opportunities.

      Percentage: Approximately 9.1%

(b) 1. Sole power to vote or direct vote: 0
     2. Shared power to vote or direct vote: 4,430,799
     3. Sole power to dispose or direct the disposition: 0
     4. Shared power to dispose or direct the disposition: 4,430,799

(c) Alta Fox Capital has not entered into any transactions in the Shares during the past sixty days.</listOfShareholders>
        <date5PercentOwnership>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 4,430,799 Shares owned by Alta Fox Opportunities.

       Percentage: Approximately 9.1%

(b) 1. Sole power to vote or direct vote: 0
     2. Shared power to vote or direct vote: 4,430,799
     3. Sole power to dispose or direct the disposition: 0
     4. Shared power to dispose or direct the disposition: 4,430,799

(c) Mr. Haley has not entered into any transactions in the Shares during the past sixty days.</date5PercentOwnership>
      </item5>
      <item6>
        <contractDescription>Item 6 is hereby amended to add the following:

On October 24, 2025, the Reporting Persons and the Issuer entered into the Amendment, as defined and described in Item 4 above, which is attached as Exhibit 99.1 and incorporated herein by reference.</contractDescription>
      </item6>
      <item7>
        <filedExhibits>Item 7 is hereby amended to add the following exhibit:

Exhibit 1:   Transactions in the Shares.

Exhibit 99.1:   First Amendment to Cooperation Agreement by and among Alta Fox Capital Management, LLC, Alta Fox Opportunities Fund, LP, Alta Fox GenPar, LP, Alta Fox Equity, LLC and P. Connor Haley, and Daktronics, Inc., dated as of October 24, 2025.</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>ALTA FOX OPPORTUNITIES FUND, LP</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Alta Fox GenPar, LP, its general partner</signature>
          <title>P. Connor Haley, Authorized Signatory</title>
          <date>10/24/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>ALTA FOX GENPAR, LP</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Alta Fox Equity, LLC, its general partner</signature>
          <title>P. Connor Haley, Authorized Signatory</title>
          <date>10/24/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>ALTA FOX EQUITY, LLC</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ P. Connor Haley, its manager</signature>
          <title>Authorized Signatory</title>
          <date>10/24/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>ALTA FOX CAPITAL MANAGEMENT, LLC</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ P. Connor Haley, its manager</signature>
          <title>Authorized Signatory</title>
          <date>10/24/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>P. CONNOR HALEY</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ P. Connor Haley</signature>
          <title>Authorized Signatory</title>
          <date>10/24/2025</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
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<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>2
<FILENAME>n4695_x9-exh1.htm
<DESCRIPTION>TRANSACTIONS IN THE SHARES.
<TEXT>
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<HEAD>
<TITLE></TITLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Exhibit 1&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>Transactions in the Shares During the Past Sixty
Days</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; layout-grid-mode: char; text-align: center"><U>Nature of Transaction</U></TD>
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Amount of Securities</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>Purchased/(Sold)</U></P></TD>
    <TD STYLE="width: 25%; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><U>Price ($)</U></FONT></TD>
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Date of</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>Purchase/Sale</U></P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><U>ALTA FOX OPPORTUNITIES FUND, LP</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; width: 29%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: char">Sale of Common Stock</TD>
    <TD STYLE="white-space: nowrap; width: 21%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: char; text-align: center">(44,759)</TD>
    <TD STYLE="white-space: nowrap; width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: char; text-align: center">21.3625</TD>
    <TD STYLE="width: 25%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: char; text-align: center">09/10/2025</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: char">Sale of Common Stock</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: char; text-align: center">(55,241)</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: char; text-align: center">21.0075</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: char; text-align: center">09/11/2025</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>n4695_x9exh99-1.htm
<DESCRIPTION>FIRST AMENDMENT TO COOPERATION AGREEMENT
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-right: 0; margin-left: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin-right: 0; margin-left: 0"><B>Exhibit 99.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-right: 0; margin-left: 0"><B>FIRST AMENDMENT TO COOPERATION
AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">This FIRST AMENDMENT TO COOPERATION AGREEMENT (this
&ldquo;Amendment&rdquo;), effective as of October 24, 2025, is entered into by and between Daktronics, Inc. (the &ldquo;Company&rdquo;),
on the one hand, and Alta Fox Capital Management, LLC (the &ldquo;Investor&rdquo;), Alta Fox Opportunities Fund, LP, Alta Fox GenPar,
LP, Alta Fox Equity, LLC, and P. Connor Haley (collectively, the &ldquo;Investor Parties&rdquo;), on the other hand. Capitalized terms
used herein and not otherwise defined shall have the meanings ascribed to them in the Cooperation Agreement dated March 3, 2025 (the &ldquo;Cooperation
Agreement&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">WHEREAS, the Company and the Investor Parties are
parties to the Cooperation Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">WHEREAS, pursuant to Section 2(d) of the Cooperation
Agreement, the Company agreed to hold an investor day (the &ldquo;Investor Day&rdquo;) by December 31, 2025; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">WHEREAS, the Company and the Investor Parties desire
to extend the deadline for the Investor Day to a date no later than May 2, 2026, which is the Company&rsquo;s 2026 fiscal year end.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">NOW, THEREFORE, in consideration of the mutual promises
and covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
the Parties agree as follows:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 13.5pt">1.</TD><TD>Amendment to Section 2(d) <U>Investor Day</U>. Section 2(d) of the Cooperation Agreement is hereby amended and restated in its entirety
to read as follows:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0.5in">&quot;<U>Investor Day</U>. The Company agrees
that on or prior to May 2, 2026, the Company shall hold an investor day (the &ldquo;Investor Day&rdquo;) at an appropriate date and time
as shall be determined by the Board, at which the Company shall provide capital allocation guidance and mid- to long-term targets with
respect to one or more financial or accounting metrics. No more than three (3) weeks nor less than one (1) week prior to the Investor
Day, the Company shall provide the Investor Parties an opportunity to enter into a customary information sharing agreement to enable the
Company to share confidential information with the Investor Parties in connection with the Company&rsquo;s anticipated communications
at the Investor Day.&quot;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 13.5pt">2.</TD><TD>Effect of Amendment. Except as expressly amended by this Amendment, all other terms and conditions of the Cooperation Agreement shall
remain in full force and effect.<BR>
<BR>
</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 13.5pt">3.</TD><TD>Counterparts. This Amendment may be executed in counterparts, each of which shall be deemed an original, but all of which together
shall constitute one and the same instrument. A signed copy of this Amendment delivered by email or other means of electronic transmission
shall be deemed to have the same legal effect as delivery of an original signed copy of this Amendment.<BR>
<BR>
</TD></TR></TABLE>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt 0.5in; text-align: center">[SIGNATURE PAGE TO FOLLOW]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">IN WITNESS WHEREOF, the Parties have executed this
Amendment to be effective as of the date first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">DAKTRONICS, INC. (COMPANY)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">By:<U>/s/ Brad Wiemann &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Name: Brad Wiemann<BR>
Title: Interim President and Chief Executive Officer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><U>INVESTOR PARTIES:</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">ALTA FOX CAPITAL MANAGEMENT, LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 2.25pt 281pt 0 0; text-indent: 0in">By: <U>/s/ P. Connor Haley &nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Name: P. Connor Haley<BR>
Title: Manager</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">ALTA FOX OPPORTUNITIES FUND, LP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">By: Alta Fox GenPar, LP, its General Partner</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">By: Alta Fox Equity, LLC, its General Partner<BR>
<BR>
</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">By: <U>/s/ P. Connor Haley &nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Name: P. Connor Haley<BR>
Title: Manager</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">ALTA FOX GENPAR, LP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">By: Alta Fox Equity, LLC, its General Partner<BR>
<BR>
</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">By: <U>/s/ P. Connor Haley &nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Name: P. Connor Haley<BR>
Title: Manager</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">ALTA FOX EQUITY, LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">By: <U>/s/ P. Connor Haley &nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
Name: P. Connor Haley<BR>
Title: Manager</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0">P. CONNOR HALEY</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"><U>/s/ <FONT STYLE="text-transform: uppercase">P.
Connor Haley</FONT> &nbsp;&nbsp;&nbsp;&nbsp;</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-right: 0; margin-left: 0"></P>

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