Item 1.01 Entry into a Material Definitive Agreement.

On August 16, 2022, we entered into the Sixth Amendment (the "Amendment") to the Credit Agreement dated as of November 16, 2016, as amended (the "Credit Facility") with U.S. Bank National Association (the "Bank"). The Amendment temporarily increases the revolving commitment amount from $35.0 million to $45.0 million until October 31, 2022. In addition, the Agreement modifies certain terms and financial covenants.

As of August 15, 2022, there were $15.5 million borrowings outstanding under the Credit Facility, and the balance of letters of credit outstanding was approximately $6.3 million.

The foregoing description of the Amendment is qualified in its entirety by reference to such document, a copy of which is filed as Exhibit 10.1 to this Report and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits:

(d) Exhibits. The following exhibit is furnished as part of this Report:

10.1 Amendment to Credit Agreement, dated August 16 , 2022, by and between Daktronics Inc., and U.S. Bank National Association 104 Cover page Interactive Data File (embedded within the Inline XBRL document)

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