Daktronics amends credit agreement to allow quarterly borrowing base reporting when no revolver exposure

DAKTRONICS INC /SD/

Amendment permits quarterly (rather than monthly) Borrowing Base Certificates while Aggregate Revolving Exposure is zero.
No borrowings outstanding as of Aug 26, 2024; letters of credit outstanding ~$5.3M.
Amendment also requires certificate delivery at least 5 business days before any borrowing if not already current.

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