secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAS CARMART INC (CRMT)
CIK:        0000799850
Form:       8-K
Filed at:   2026-10-21T20:05:16+00:00
Accession:  0001171843-26-006742
Event type: debt
Sentiment:  negative
Materiality: 0.72
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Car-Mart adds $5M term loan; lenders extend default waiver to Nov 1
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- Second Amendment with Silver Point Finance adds $5.0M incremental term loans maturing Oct 30, 2030; $200,000 of fees paid in kind and added to principal.
- Borrowers acknowledged $305,608,825.77 aggregate outstanding loan principal as of Oct 14, 2026.
- Lenders extended the First Amendment waiver of specified events of default and relief from minimum liquidity and Collateral Coverage Ratio covenants to Nov 1, 2026, from Oct 22.
- ACM Auto Trust 2024-2 redeemed all outstanding asset-backed notes Oct 20, 2026; ~$92M of remaining receivables released and no longer pledged as collateral.
- Borrowers must pay Milbank LLP invoices in cash by Oct 28, 2026; no mandatory borrowing-base deficiency prepayment unless Requisite Lenders request it.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799850/000117184326006742/0001171843-26-006742-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799850/000117184326006742/f8k_102126.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-006742

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