---
schema_version: "secwatch.filing_event.v1"
accession: "0000915779-24-000072"
form_type: "8-K"
ticker: "DAKT"
cik: "0000915779"
company_name: "DAKTRONICS INC /SD/"
filed_at: "2024-08-29T23:59:59+00:00"
generated_at: "2026-05-31T07:05:24.660293+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000915779-24-000072
- form_type: 8-K
- ticker: DAKT
- cik: 0000915779
- company_name: DAKTRONICS INC /SD/
- filed_at: 2024-08-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915779/000091577924000072/0000915779-24-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915779/000091577924000072/dakt-20240826.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915779-24-000072
- JSON: https://secwatch.observer/filing/0000915779-24-000072.json
- Plain text: https://secwatch.observer/filing/0000915779-24-000072.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.