America's Car-Mart closes partial overallotment sale of 138,272 shares at $43.00, netting $5.6M
AMERICAS CARMART INC
- On Oct 22, 2024, Company closed sale of 138,272 shares at $43.00 per share (partial exercise of overallotment option).
- Net proceeds from the Option Shares were approximately $5.6 million after underwriting discounts and commissions.
- Combined with the prior Firm Shares offering (1.7M shares, $67.8M net), total net proceeds from the offering are ~$73.4M.
- Shares sold under existing shelf registration statement on Form S-3 effective August 14, 2023.