AMERICAS CARMART INC — fact timeline

AMERICAS CARMART INC entered into Credit and Guaranty Agreement with Agent and Lenders valued at Extension of Lender Forbearance period through June 19, 2026 (effective 2026-06-12).

“the agent (the “Agent”) and the lenders (the “Lenders”) under the Company’s Credit and Guaranty Agreement, dated as of October 30, 2025 (the “Credit Agreement”), agreed not to exercise remedies under the Credit Agreement as a result of actual or anticipated defaults or events of default under the Credit Agreement (the “Lender Forbearance”) for a specified time period, which was subsequently extended through June 12, 2026”

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 reported third quarter ended January 31, 2026 results: revenue $286.8 million, EPS $9.25.

“our ongoing operational improvement initiative Completed ACM Auto Trust 2025-4 securitization in December 2025 and issued $161.3 million in asset-backed notes Total revenue of $286.8 million, down 12.0%; interest income increased 3.1% to $64.2 million Gross profit per unit improved 8.8% to $7,762; gross margin percentage of 35.8% vs. 35.7% Total collections of $179.0”

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 issued up to an aggregate of 937,487 shares of the Company’s common stock of warrant to Silver Point and certain of its affiliates.

“the Company also issued Silver Point and certain of its affiliates warrants to purchase up to an aggregate of 937,487 shares of the Company’s common stock at an exercise price of $22.63”

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 $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"”

AMERICAS CARMART INC incurred senior notes of $50,820,000 aggregate principal amount with Deutsche Bank National Trust Company at 7.25% maturing February 20, 2032.

“$50,820,000 aggregate principal amount of 7.25% Class B Asset Backed Notes (the “Class B Notes” and, together with the Class A Notes, the “Notes”)”

AMERICAS CARMART INC incurred senior notes of $165,180,000 aggregate principal amount with Deutsche Bank National Trust Company at 5.55% maturing June 20, 2028.

“On May 29, 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 $165,180,000 aggregate principal amount of 5.55% Class A Asset Backed Notes (the “Class A Notes”) and $50,820,000 aggregate principal amount of 7.25% Class B Asset Backed Notes”

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").”

AMERICAS CARMART INC amended credit facility of $350 million maturing March 31, 2027.

“Amendment No. 9 to the Agreement (the “Amendment”) extends the maturity date of the credit facility to March 31, 2027 and increases the total permitted borrowings from $320 million to $350 million, including an increase in the Colonial revolving line of credit from $290 million to $320 million.”

AMERICAS CARMART INC incurred debt of $150,770,000 aggregate principal amount of 5.38% Class A Asset Backed Notes (the “Class A Notes”) and $49,230,000 aggreg maturing November 20, 2031.

“On January 31, 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 $150,770,000 aggregate principal amount of 5.38% Class A Asset Backed Notes (the “Class A Notes”) and $49,230,000 aggregate principal amount of 7.87% Class B Asset Backed Notes (the “Class B Notes” and, together with the Class A Notes, the “Notes”).”

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”).”

AMERICAS CARMART INC reported financial results for third quarter ended January 31, 2024.

“On March 8, 2024, America's Car-Mart, Inc. (the “Company”) issued a press release announcing its operating results for the third fiscal quarter of the fiscal year ending April 30, 2024. The press release contains certain financial, operating and other information for the period ended January 31, 2024.”

AMERICAS CARMART INC amended credit facility of $340 million with group of lenders comprising BMO Harris Bank N.A., Axos Bank, BOKF, NA, MUFG Union Bank, N.A., First Horizon Bank, Commerce Bank, Arvest Bank at 1.0% plus base rate for base rate revolver loans and 3.5% plus adjusted Term SOF maturing September 30, 2025.

“Amendment No. 6 to the Agreement (the “Amendment”) extends the term of the Company’s revolving credit facilities to September 30, 2025 and reduces the total permitted borrowings from $600 million to $340 million, including a reduction in the Colonial revolving line of credit from $570 million to $310 million.”

AMERICAS CARMART INC amended Amendment No. 6 to the Third Amended and Restated Loan and Security Agreement with a group of lenders valued at reduces the total permitted borrowings from $600 million to $340 million (effective 2024-02-28).

“On February 28, 2024, America’s Car-Mart, Inc., a Texas corporation (the “Company”), and its subsidiaries, Colonial Auto Finance, Inc., an Arkansas corporation (“Colonial”), America’s Car Mart Inc., an Arkansas corporation (“ACM”), and Texas Car-Mart, Inc., a Texas corporation (“TCM” and collectively with Colonial and ACM, the “Borrowers”), entered into Amendment No. 6 to the Third Amended and Restated Loan and Security Agreement (“Agreement”), dated as of September 30, 2019, by and among the Company, Colonial, ACM, TCM and a group of lenders, as previously amended on October 29, 2020, February 10, 2021, September 29, 2021, April 22, 2022 and February 22, 2023.”

AMERICAS CARMART INC incurred senior notes of $66,810,000 aggregate principal amount with BMO Capital Markets Corp., MUFG Securities Americas Inc., and SMBC Nikko Securities America, Inc., as initial purchasers at 11.40% maturing January 21, 2031.

“$66,810,000 aggregate principal amount of 11.40% Class B Asset Backed Notes (the “Class B Notes” and, together with the Class A Notes, the “Notes”)”

AMERICAS CARMART INC incurred senior notes of $183,190,000 aggregate principal amount with BMO Capital Markets Corp., MUFG Securities Americas Inc., and SMBC Nikko Securities America, Inc., as initial purchasers at 7.71% maturing January 21, 2031.

“On January 31, 2024, 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 $183,190,000 aggregate principal amount of 7.71% Class A Asset Backed Notes (the “Class A Notes”)”

AMERICAS CARMART INC entered into Sale and Servicing Agreement with Wilmington Trust, National Association (effective 2024-01-31).

“The Receivables were then sold by the Depositor to the Issuer pursuant to a Sale and Servicing Agreement, dated January 31, 2024, by and between the Depositor, the Issuer, America’s Car Mart, Inc., as servicer (the “Servicer”), and Wilmington Trust, National Association, as trustee (the “Trustee”) (the “Sale and Servicing Agreement”).”

AMERICAS CARMART INC entered into Purchase Agreement with Colonial Auto Finance, Inc. (effective 2024-01-31).

“To execute the Securitization Transaction, Colonial Auto Finance, Inc., a wholly-owned subsidiary of the Company (the “Seller”), sold or conveyed certain customer receivable contracts (the “Receivables”) (loans made to finance customer purchases of used vehicles from the Company’s subsidiaries) to ACM Funding, LLC, an indirect wholly-owned subsidiary of the Company (the “Depositor”), pursuant to a Purchase Agreement, dated as of January 31, 2024, by and between the Seller and the Depositor (the “Purchase Agreement”).”

AMERICAS CARMART INC entered into Indenture with Wilmington Trust, National Association valued at $183,190,000 aggregate principal amount of 7.71% Class A Asset Backed Notes and $66,810,000 aggregat (effective 2024-01-31).

“The Notes were issued pursuant to an Indenture, dated January 31, 2024, by and between the Issuer and the Trustee (the “Indenture”).”

AMERICAS CARMART INC reported the second quarter ended October 31, 2023 results: revenue $361.6 million, EPS Loss per share $4.30vs.$0.48 diluted earnings per share.

“Q2 FY23) Revenues increased 2.8% to $361.6 million Retail unit sales were down 4.6% Gross margin increased to 34.3% from 32.1% Customer count increased 6.0% to 104,596 Net charge-offs as a % of average finance receivables were 7.2% vs.”

Jonathan Z. Buba was elected as Director at AMERICAS CARMART INC.

“On November 30, 2023, the Board of Directors of the Company elected Jonathan Z. Buba as a new, independent director, effective immediately.”

Leon L. Walthall departed as Senior Vice President of Field Operations at AMERICAS CARMART INC.

“On November 1, 2023, America’s Car Mart, Inc. (the “Company”), the wholly-owned operating subsidiary of America’s Car-Mart, Inc., entered into a separation agreement, dated as of October 30, 2023 (the “Separation Agreement”), with the Company’s former Senior Vice President of Field Operations, Leon L. Walthall, whose employment with the Company ended effective October 20, 2023.”

Leon L. Walthall resigned as Senior Vice President of Field Operations at AMERICAS CARMART INC.

“the Company and Leon L. Walthall, Senior Vice President of Field Operations, have agreed that Mr. Walthall would not continue in his role as Senior Vice President, with his employment to terminate effective October 20, 2023.”

William 'Hank' Henderson departed as Director at AMERICAS CARMART INC.

“It is with great sadness that America’s Car-Mart, Inc. (the “Company”) announces that William “Hank” Henderson passed away on October 14, 2023.”

AMERICAS CARMART INC reported financial results for first fiscal quarter of the fiscal year ending April 30, 2024.

“On September 5, 2023, America’s Car-Mart, Inc. (the “Company”) issued a press release announcing its operating results for the first fiscal quarter of the fiscal year ending April 30, 2024.”

Douglas W. Campbell was appointed as Director at AMERICAS CARMART INC.

“the Board also approved increasing the number of directors serving on the Board to eight directors and appointed Mr. Campbell to serve as a director effective October 1, 2023.”

Jeffrey A. Williams departed as Chief Executive Officer at AMERICAS CARMART INC.

“Upon Mr. Campbell’s promotion to CEO, the Company’s current CEO, Jeffrey A. Williams, will serve as CEO Emeritus and an advisor to senior management effective October 1, 2023, for the remainder of fiscal year 2024.”

AMERICAS CARMART INC shareholders approved To ratify the selection of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending April 30, 2024 at the 2023-08-29 meeting.

“To ratify the selection of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending April 30, 2024. Votes For 5,809,115 Votes Against 28,157 Votes Abstained 28,136 Broker Non-Votes 0”

AMERICAS CARMART INC shareholders approved To approve an advisory resolution to determine the frequency with which the stockholders will consider and approve an advisory vote on the Company's compensation of its named executive officers at the 2023-08-29 meeting.

“To approve an advisory resolution to determine the frequency with which the stockholders will consider and approve an advisory vote on the Company's compensation of its named executive officers. Every Year 4,576,669 Two Years 632 Three Years 136,609 Votes Abstained 28,093 Broker Non-Votes 1,123,405”

AMERICAS CARMART INC shareholders approved To approve an advisory resolution regarding the Company's compensation of its named executive officers at the 2023-08-29 meeting.

“To approve an advisory resolution regarding the Company's compensation of its named executive officers. Votes For 4,646,118 Votes Against 65,399 Votes Abstained 30,486 Broker Non-Votes 1,123,405”

AMERICAS CARMART INC shareholders approved To elect directors for a term of one year at the 2023-08-29 meeting.

“To elect directors for a term of one year: Votes For Votes Against Votes Abstained Broker Non-Votes Ann G. Bordelon 4,721,450 17,578 2,975 1,123,405 Julia K. Davis 4,721,366 17,662 2,975 1,123,405 Daniel J. Englander 4,654,815 83,442 3,746 1,123,405 William H. Henderson 4,718,627 19,123 4,253 1,123,405 Dawn C. Morris 4,709,139 29,896 2,968 1,123,405 Joshua G. Welch 4,714,525 23,732 3,746 1,123,405 Jeffrey A. Williams 4,719,280 18,977 3,746 1,123,405”

AMERICAS CARMART INC entered an off-balance-sheet arrangement for debt of $271,640,000 aggregate principal amount of 7.97% Class A Asset Backed Notes and $88,700,000 aggregate principal amount o at 7.97% ... 9.85% maturing mature on June 20, 2030.

“On July 6, 2023, 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 $271,640,000 aggregate principal amount of 7.97% Class A Asset Backed Notes (the “Class A Notes”) and $88,700,000 aggregate principal amount of 9.85% Class B Asset Backed Notes (the “Class B Notes” and, together with the Class A Notes, the “Notes”).”

AMERICAS CARMART INC entered into Indenture with ACM Auto Trust 2023-2 (Issuer) and Wilmington Trust, National Association (Trustee) (effective 2023-07-06).

“The Notes were issued pursuant to an Indenture, dated July 6, 2023, by and between the Issuer and the Trustee (the "Indenture").”

AMERICAS CARMART INC entered into Sale and Servicing Agreement with ACM Funding, LLC (Depositor), ACM Auto Trust 2023-2 (Issuer), America's Car Mart, Inc. (Servicer), and Wilmington Trust, National Association (Trustee) (effective 2023-07-06).

“The Receivables were then sold by the Depositor to the Issuer pursuant to a Sale and Servicing Agreement, dated July 6, 2023, by and between the Depositor, the Issuer, America's Car Mart, Inc., as servicer (the "Servicer"), and Wilmington Trust, National Association, as trustee (the "Trustee") (the "Sale and Servicing Agreement").”

AMERICAS CARMART INC entered into Purchase Agreement with Colonial Auto Finance, Inc. (Seller) and ACM Funding, LLC (Depositor) (effective 2023-07-06).

“To execute the Securitization Transaction, Colonial Auto Finance, Inc., a wholly-owned subsidiary of the Company (the "Seller"), sold or conveyed certain customer receivable contracts (the "Receivables") (loans made to finance customer purchases of used vehicles from the Company's subsidiaries) to ACM Funding, LLC, an indirect wholly-owned subsidiary of the Company (the "Depositor"), pursuant to a Purchase Agreement, dated as of July 6, 2023, by and between the Seller and the Depositor (the "Purchase Agreement").”

AMERICAS CARMART INC reported the fourth quarter and fiscal year ended April 30, 2023 results: revenue $388.3 million, EPS $0.32.

“Inc. (NASDAQ: CRMT) (“we,” “Car-Mart” or the “Company”) today announced its operating results for the fourth quarter and fiscal year ended April 30, 2023. Highlights Revenues of $388.3 million, up 12.2% vs. the prior year’s fourth quarter. Total retail unit sales increased 7.5% vs. the prior year’s fourth quarter. Same store retail unit sales increased 5.6% vs. the”

AMERICAS CARMART INC amended Amendment No. 5 to the Third Amended and Restated Loan and Security Agreement with a group of lenders (effective 2023-02-22).

“On February 22, 2023, America’s Car-Mart, Inc., a Texas corporation (the “Company”), and its subsidiaries, Colonial Auto Finance, Inc., an Arkansas corporation (“Colonial”), America’s Car Mart Inc., an Arkansas corporation (“ACM”), and Texas Car-Mart, Inc., a Texas corporation (“TCM” and collectively with Colonial and ACM, the “Borrowers”), entered into Amendment No. 5 to the Third Amended and Restated Loan and Security Agreement (“Agreement”), dated as of September 30, 2019, by and among the Company, Colonial, ACM, TCM and a group of lenders, as previously amended on October 29, 2020, February 10, 2021, September 29, 2021, and April 22, 2022.”

AMERICAS CARMART INC reported third quarter 2023 results: revenue $327 million, EPS $0.23.

“Highlights Revenues of $327 million, up 13.7% vs. the prior year third quarter. Total retail unit sales increased 2.7% vs. the prior year third quarter. Same store retail unit sales increased 1.0% vs. the prior year third quarter. Sales volume productivity per store per month was 31.2 vs. 30.8 for the prior year third quarter. Gross profit per car sold was $6,373 compared to $6,447 1 for the prior year third quarter. Provision for credit losses as a percentage of sales was 31.1% compared to 24.8% 1 for the prior year third quarter. Net charge-offs as a percent of average finance receivables for the quarter were 5.9% compared to 4.8% 1 for the prior year third quarter. Interest income was up $12.1 million to $51.1 million, compared to $39.0 million for the prior year third quarter. SG&A was up $5.6 million vs. the prior year quarter, and SG&A per customer was $449 vs. $417 for the prior year third quarter. Interest expense was $9.8 million, compared to $2.9 million in the prior year thi”

AMERICAS CARMART INC incurred debt of $230,390,000 aggregate principal amount of 6.61% Class A Asset Backed Notes, $46,800,000 aggregate principal amount of 7 with Credit Suisse Securities (USA) LLC and BMO Capital Markets Corp., as initial purchasers at 6.61% ... 7.26% ... 8.59% ... 12.58% maturing January 22, 2030.

“On January 31, 2023, 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 $230,390,000 aggregate principal amount of 6.61% Class A Asset Backed Notes (the “Class A Notes”), $46,800,000 aggregate principal amount of 7.26% Class B Asset Backed Notes (the “Class B Notes”), $74,100,000 aggregate principal amount of 8.59% Class C Asset Backed Notes (the “Class C Notes”), and $48,900,000 aggregate principal amount of 12.58% Class D Asset Backed Notes”

AMERICAS CARMART INC entered into Indenture with ACM Auto Trust 2023-1 (Issuer) and Wilmington Trust, National Association (Trustee) valued at Issuance of $230,390,000 Class A, $46,800,000 Class B, $74,100,000 Class C, and $48,900,000 Class D (effective 2023-01-31).

“The Notes were issued pursuant to an Indenture, dated January 31, 2023, by and between the Issuer and the Trustee (the "Indenture").”

AMERICAS CARMART INC entered into Sale and Servicing Agreement with ACM Funding, LLC (Depositor), ACM Auto Trust 2023-1 (Issuer), America's Car Mart, Inc. (Servicer), and Wilmington Trust, National Association (Trustee) valued at Sale of Receivables to Issuer and servicing of Receivables; service fee 4.00% annualized (effective 2023-01-31).

“The Receivables were then sold by the Depositor to the Issuer pursuant to a Sale and Servicing Agreement, dated January 31, 2023, by and between the Depositor, the Issuer, America’s Car Mart, Inc., as servicer (the "Servicer"), and Wilmington Trust, National Association, as trustee (the "Trustee") (the "Sale and Servicing Agreement").”

AMERICAS CARMART INC entered into Purchase Agreement with Colonial Auto Finance, Inc. (Seller) and ACM Funding, LLC (Depositor) valued at Sale of customer receivable contracts for securitization (effective 2023-01-31).

“To execute the Securitization Transaction, Colonial Auto Finance, Inc., a wholly-owned subsidiary of the Company (the "Seller"), sold or conveyed certain customer receivable contracts (the "Receivables") (loans made to finance customer purchases of used vehicles from the Company's subsidiaries) to ACM Funding, LLC, an indirect wholly-owned subsidiary of the Company (the "Depositor"), pursuant to a Purchase Agreement, dated as of January 31, 2023, by and between the Seller and the Depositor (the "Purchase Agreement").”

Leon L. Walthall changed role as Senior Vice President of Field Operations at AMERICAS CARMART INC.

“Effective January 10, 2023, Leon L. Walthall assumed the position of Senior Vice President of Field Operations for America’s Car-Mart’s principal operating subsidiary and no longer serves as the Chief Operating Officer of America’s Car-Mart, Inc.”