Car-Mart extends default waiver to Sept 11; strategic review active

AMERICAS CARMART INC

Lenders extended Scheduled Termination Date from Sept 7 to Sept 11, 2026 under First Amendment to Credit Agreement.
Company has experienced or anticipates events of default, including failure to comply with financial covenants and reporting obligations.
Strategic alternatives review continues; discussions active with third parties, Silver Point Finance (Agent), and Lenders.
No assurance of permanent waiver or favorable outcome; potential for bankruptcy or significant loss of stockholder investment.

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