Articles from Alta Fox Capital Management, LLC

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the largest shareholder of Daktronics, Inc. (NASDAQDAKT) (“Daktronics” or the “Company”) based on its beneficial ownership interest on a fully converted basis of 11.7% of the Company’s outstanding shares, today issued the following statement correcting misleading claims from Daktronics regarding Alta Fox’s equity stake.
By Alta Fox Capital Management, LLC · Via Business Wire · February 6, 2025

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the largest shareholder of Daktronics, Inc. (NASDAQDAKT) (“Daktronics” or the “Company”) based on its beneficial ownership interest on a fully converted basis of 11.7% of the Company’s outstanding shares, today announced that it has filed a lawsuit against the Company and Chairman, President and Chief Executive Officer Reece A. Kurtenbach in the United States District Court for the District of South Dakota.
By Alta Fox Capital Management, LLC · Via Business Wire · February 5, 2025

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the largest shareholder of Daktronics, Inc. (NASDAQDAKT) (“Daktronics” or the “Company”) based on its beneficial ownership interest on a fully converted basis of 11.7% of the outstanding shares, today issued the following statement to correct misleading claims from the Company regarding Alta Fox’s motives and recent actions:
By Alta Fox Capital Management, LLC · Via Business Wire · December 11, 2024

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the largest shareholder of Daktronics, Inc. (NASDAQDAKT) (“Daktronics” or the “Company”) based on its beneficial ownership interest on a fully converted basis of 11.7% of the outstanding shares, today released a presentation that details a clear path to unlocking the full potential of the Company. The presentation, a similar version of which was delivered by Alta Fox Founder and Managing Partner Connor Haley at the Bloomberg Activism Forum 2024, can be accessed at www.FixDaktronics.com.
By Alta Fox Capital Management, LLC · Via Business Wire · December 10, 2024

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”) today issued the following letter to the Board of Directors (the “Board”) of Forward Air Corporation (NASDAQFWRD) (“Forward Air” or the “Company”):
By Alta Fox Capital Management, LLC · Via Business Wire · October 7, 2024

Alta Fox Opportunities Fund, LP, one of the largest shareholders of Enad Global 7 AB (STO: EG7) (“EG7” or the “Company”), today released the below letter sent to the Company’s Board of Directors (the “Board”).
By Alta Fox Capital Management, LLC · Via Business Wire · May 22, 2023

Alta Fox Capital Management, LLC today released the below letter sent to Daktronics, Inc.’s (NASDAQDAKT) Strategy and Financing Review Committee of the Board of Directors.
By Alta Fox Capital Management, LLC · Via Business Wire · January 26, 2023

Alta Fox Capital Management, LLC today released the below letter sent to Daktronics, Inc. (NASDAQDAKT).
By Alta Fox Capital Management, LLC · Via Business Wire · January 19, 2023

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the beneficial owner of approximately 2.5% of the outstanding shares of Hasbro, Inc. (NASDAQHAS) (“Hasbro” or the “Company”), today issued the following statement regarding its campaign to refresh the Company’s Board of Directors (the “Board”) at the 2022 Annual Meeting of Shareholders (the “Annual Meeting”).
By Alta Fox Capital Management, LLC · Via Business Wire · June 8, 2022

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the beneficial owner of approximately 2.5% of the outstanding shares of Hasbro, Inc. (NASDAQHAS) (“Hasbro” or the “Company”), today issued the below letter in connection with its campaign to elect a highly qualified and independent candidate to the Company’s defensively expanded 13-member Board of Directors (the “Board”) at the 2022 Annual Meeting of Shareholders (the “Annual Meeting”) scheduled for Wednesday, June 8, 2022.
By Alta Fox Capital Management, LLC · Via Business Wire · June 2, 2022

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the beneficial owner of approximately 2.6% of the outstanding shares of Hasbro, Inc. (NASDAQHAS) (“Hasbro” or the “Company”), today issued the below letter in connection with its campaign to refresh the Company’s Board of Directors (the “Board”) at the 2022 Annual Meeting of Shareholders (the “Annual Meeting”). Following ongoing engagement with fellow shareholders and the report recently released by leading independent proxy advisory firm Institutional Shareholders Services, Inc. (“ISS”), Alta Fox intends to modify its slate to pursue the election of one director candidate – capital allocation and financial disclosure expert Marcelo Fischer – and the removal of long-serving incumbent Edward M. Philip.
By Alta Fox Capital Management, LLC · Via Business Wire · May 31, 2022

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the beneficial owner of approximately 2.6% of the outstanding shares of Hasbro, Inc. (NASDAQHAS) (“Hasbro” or the “Company”), today issued the below statement in connection with its nomination of three highly qualified and independent candidates – Marcelo Fischer, Rani Hublou and Carolyn Johnson – for election to the Company’s Board of Directors (the “Board”) at the 2022 Annual Meeting of Shareholders (the “Annual Meeting”). As a reminder, Alta Fox is seeking to replace the following long-tenured members of Hasbro’s 13-member Board: Lisa Gersh, Edward M. Philip and Richard S. Stoddart. Visit www.StrengthenHasbro.com for more information about Alta Fox’s campaign for change.
By Alta Fox Capital Management, LLC · Via Business Wire · May 18, 2022

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the beneficial owner of approximately 2.5% of the outstanding shares of Hasbro, Inc. (NASDAQHAS) (“Hasbro” or the “Company”), today released a presentation that details its case for targeted change to the Company’s Board of Directors (the “Board”) following years of underperformance as a result of concerning corporate governance practices, disappointing capital allocation decisions and objectively poor strategic decisions. As a reminder, Alta Fox has nominated a three-member slate of independent directors – with significant experience in corporate governance, capital allocation and strategic planning – for election to Hasbro’s recently expanded 13-member Board at the Company’s 2022 Annual Meeting of Shareholders. Review the presentation and learn how to vote for boardroom change on the GOLD proxy card by visiting www.StrengthenHasbro.com.
By Alta Fox Capital Management, LLC · Via Business Wire · May 11, 2022

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the beneficial owner of approximately 2.5% of the outstanding shares of Hasbro, Inc. (NASDAQHAS) (“Hasbro” or the “Company”), today announced that it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission in connection with Hasbro's 2022 Annual Meeting of Shareholders. Alta Fox disclosed in its materials that it has reduced its slate to three director candidates after taking into account Hasbro’s recent expansion of its Board of Directors, the Company’s most pressing needs and feedback from other shareholders. In addition, Alta Fox sent the below letter to shareholders.
By Alta Fox Capital Management, LLC · Via Business Wire · April 27, 2022

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the beneficial owner of approximately 4.0% of the outstanding shares of Daseke, Inc. (NASDAQDSKE) (“Daseke” or the “Company”), today announced that it has sent the below letter to Daseke’s Board of Directors.
By Alta Fox Capital Management, LLC · Via Business Wire · April 21, 2022

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the beneficial owner of approximately 2.5% of the outstanding shares of Hasbro, Inc. (NASDAQHAS) (“Hasbro” or the “Company”), today urged the Company to address the following questions when it reports Q1 2022 financial results tomorrow:
By Alta Fox Capital Management, LLC · Via Business Wire · April 18, 2022

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the beneficial owner of approximately 2.5% of the outstanding shares of Hasbro, Inc. (NASDAQHAS) (“Hasbro” or the “Company”), today announced that it has filed a preliminary proxy statement with the U.S. Securities and Exchange Commission ("SEC") in connection with its nomination of five highly qualified and independent candidates for election to the Company's Board of Directors (the "Board") at the 2022 Annual Meeting of Shareholders (the "Annual Meeting"). The proxy statement and additional information about the Alta Fox slate and vision can be found at www.FreeTheWizards.com.
By Alta Fox Capital Management, LLC · Via Business Wire · April 5, 2022

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the beneficial owner of approximately 2.5% of the outstanding shares of Hasbro, Inc. (NASDAQHAS) (“Hasbro” or the “Company”), today addressed the Company’s seemingly defensive and reactionary expansion of its Board of Directors (the “Board”) ahead of the 2022 Annual Meeting of Shareholders (the “Annual Meeting”). As a reminder, Alta Fox has nominated five highly qualified and independent candidates for election to the Board at the Annual Meeting. Learn more about the Alta Fox slate and vision at www.FreeTheWizards.com.
By Alta Fox Capital Management, LLC · Via Business Wire · April 4, 2022

Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the beneficial owner of approximately 2.5% of the outstanding shares of Hasbro, Inc. (NASDAQHAS) (“Hasbro” or the “Company”), today announced that it has nominated five highly qualified and independent candidates for election to the Company’s Board of Directors (the “Board”) at the 2022 Annual Meeting of Shareholders (the “Annual Meeting”). In connection with its nomination, Alta Fox issued an open letter to its fellow shareholders and released a detailed 100-page presentation that can be accessed at www.FreeTheWizards.com.
By Alta Fox Capital Management, LLC · Via Business Wire · February 17, 2022