About Alta fox

Alta Fox owns approximately 11.7% of Daktronics’ outstanding shares on a fully converted basis, which aligns our interests with stakeholders’ interests and underscores our conviction in the Company’s long-term potential.

Alta Fox is a Texas-based alternative asset management firm that employs a long-term-focused investment strategy to pursue exceptional risk-adjusted returns for a diverse group of institutions and qualified individual clients. The firm conducts deep fundamental research in SMID-cap companies, an increasingly neglected area of the market. 

Founded in 2018, we have developed a track record of driving shareholder value through our engagement with management teams and boards of directors. In particular, Alta Fox Founder and Portfolio Manager Connor Haley is an outspoken advocate for strong corporate governance and minority shareholder rights.

Alta Fox’s Track Record of Driving Positive Changes at Companies1

Formerly NASDAQ: CLCT
  • 240% total shareholder return
  • Formed Strategy Committee
  • During Alta Fox’s engagement, four new directors and a new board Chair were appointed
Formerly STO: NLAB
  • 143% total shareholder return
ASX: EML
  • 72% total shareholder return
  • Appointed three new directors, including Alta Fox Managing Partner Connor Haley
  • Replaced CEO
  • Divested money-losing business segments, which significantly improved EML’s balance sheet and intrinsic value
  • Instituted clear long-term targets
OTCQB: MMMB
  • 237% total shareholder return
  • Appointed Alta Fox Managing Partner Connor Haley as director
  • Oversaw successful CEO search process
  • Aligned new CEO’s compensation to long-term shareholder returns and pre-tax profit growth
  • Repurposed capital allocation strategy to focus on accretive bolt-on M&A

1 Past performance is not indicative of future results. Total Shareholder Return (“TSR”) dates determined from starting and ending dates of campaign, or if applicable, when Alta Fox joined the company’s board. Additional factors outside of Alta Fox’s involvement may have contributed to TSR during the applicable time frame. TSR presented above are not actual IRRs for Alta Fox Opportunities Fund, LP, which would be lower on a net basis for a hypothetical investor of Alta Fox Opportunities Fund, LP.

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INVESTOR CONTACT

Alta Fox Investor Relations
ir@altafoxcapital.com

Okapi Partners
Bruce Goldfarb / Chuck Garske, 212-297-0720
info@okapipartners.com

MEDIA CONTACT

Longacre Square Partners
Kate Sylvester / Bela Kirpalani, 646-386-0091
altafox@longacresquare.com

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