AMERICAS CARMART INC — fact timeline

Adam Paul was appointed as Independent Director at AMERICAS CARMART INC.

“On May 22, 2026, the Board increased the size of the Board from nine members to ten members and appointed Adam Paul as an independent director, effective immediately.”

AMERICAS CARMART INC announced a impairment with charges of approximately $14 million affecting assets at the closing locations.

“the Company expects to record a non-cash impairment charge of approximately $14 million related to assets at the closing locations.”

AMERICAS CARMART INC announced a restructuring affecting 42 dealership locations.

“On April 7, 2026, the Board of Directors of America’s Car-Mart, Inc. (the “Company”) approved the closure of 42 of the Company’s 136 dealership locations and a reduction of associated support staff.”

AMERICAS CARMART INC incurred debt of $161,264,000 aggregate principal amount at 5.87% for Class A Notes and 8.42% for Class B Notes maturing Class A Notes mature on May 20, 2030, and the Class B Notes mature on August 20, 2032.

“On December 17, 2025, affiliates of America’s Car-Mart, Inc. (the “Company”) completed a securitization transaction involving the issuance of $161,264,000 aggregate principal amount of asset-backed, non-recourse notes (the “Securitization Transaction”).”

AMERICAS CARMART INC incurred term loan of $300 million with Silver Point Finance, LLC at 7.50% per annum maturing October 30, 2030.

“Under the Agreement, the lending group extended a senior secured term loan facility (the “Senior Secured Credit Facility”) in an aggregate principal amount equal to $300 million with a maturity date of October 30, 2030.”

AMERICAS CARMART INC incurred senior notes of $38,620,000 aggregate principal amount with Deutsche Bank National Trust Company at 6.08% maturing July 20, 2032.

“and $38,620,000 aggregate principal amount of 6.08% Class B Asset Backed Notes”

AMERICAS CARMART INC incurred senior notes of $133,340,000 aggregate principal amount with Deutsche Bank National Trust Company at 5.01% maturing January 20, 2030.

“On August 28, 2025, affiliates of America’s Car-Mart, Inc. (the “Company”) completed a securitization transaction (the “Securitization Transaction”), which involved the issuance and sale in a private offering of $133,340,000 aggregate principal amount of 5.01% Class A Asset Backed Notes”

AMERICAS CARMART INC received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“July 31, 2025, America’s Car-Mart, Inc. (the “Company”) received an expected notice (the “Notice”) from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, as a result of not having timely filed the Company’s Annual Report on Form 10-K for the fiscal year ended April 30, 2025 (the “Annual Report”) with the Securities and Exchange Commission (the “SEC”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires timely filing of all required periodic financial reports with the SEC. As previously disclosed in”

AMERICAS CARMART INC reported that prior financial statements should not be relied upon.

“(the “Company”) concluded that certain previously issued financial statements should no longer be relied upon because of omissions in footnote disclosure related to loan modifications made to borrowers experiencing financial difficulty. The Company does not expect these disclosure additions to result in any material impact on the Company's Consolidated Statements of Earnings, Consolidated Balance Sheets, Consolidated Statements of Cash Flow, or Consolidated Statements of Shareholders' Equity. The Company is working to complete the necessary disclosures as soon as reasonably practicable. As previously disclosed in the Company's Form 12b-25 filed on July 15, 2025, management identified the need to include disclosures related to loan modifications for borrowers experiencing financial difficulty, in accordance with Financial Accounting Standards Board Accounting Standards Codification ("ASC"”

Vickie Judy changed role as Chief Accounting Officer at AMERICAS CARMART INC.

“the Company’s current Chief Financial Officer, Vickie Judy, will continue to serve in an executive capacity as the Company’s Chief Accounting Officer.”

Jonathan Collins was appointed as Chief Financial Officer at AMERICAS CARMART INC.

“announced the appointment of Jonathan Collins as Chief Financial Officer of the Company, effective May 12, 2025 (the "Effective Date").”

Jamie Fischer was appointed as Chief Operating Officer at AMERICAS CARMART INC.

“On September 24, 2024, America’s Car-Mart, Inc. (the “Company”) announced the appointment of Jamie Fischer as Chief Operating Officer of the Company, effective October 7, 2024 (the “Effective Date”).”