Daktronics amends JPMorgan credit pact to allow below-fair-value patent transfers
Daktronics entered Amendment No. 1 to its Credit Agreement with JPMorgan to permit transfers of certain non-material patents at less than 75% of fair market value. The amendment takes effect September 1, 2026.
Daktronics entered into Amendment No.
1 to its Credit Agreement to allow the transfer of certain non-material patents at less than 75% of fair market value.
The amendment, effective September 1, 2026, modifies the November 26, 2025 Credit Agreement with JPMorgan as agent and the lending group.
The…