Daktronics forms Strategy and Financing Review Committee, discloses investor presentation for potential financing

DAKTRONICS INC /SD/

Board formed Strategy and Financing Review Committee to address near-term credit needs and improve long-term financial structure.
Company entered NDAs with potential financing sources and agreed to publicly disclose Cleansing Material (investor presentation).
No assurance that process will result in any transaction; no set timetable for conclusion.
Forward-looking statements note potential need for additional debt/equity and substantial doubt about going concern.

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