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Recent Updates — CRMT

July 14, 2026View Source ↗

America's Car-Mart, Inc. issued a press release on July 14, 2026, announcing its operating results for the fourth quarter and fiscal year ended April 30, 2024. The filing is a standard results of operations and financial condition disclosure. America's Car-Mart, Inc. is an automotive retailer specializing in used car sales and financing.

June 25, 2026View Source ↗

America's Car-Mart, Inc. entered into a first amendment and limited waiver to its credit and guaranty agreement with Silver Point Finance, LLC and other lenders to address anticipated or existing defaults regarding liquidity and collateral coverage covenants. The amendment includes a $18.0 million fee to lenders, the appointment of two new independent directors, Gilbert Nathan and Michael Wartell, to the board and a special committee, and the resignation of CFO Jonathan Collins. The company is currently evaluating strategic alternatives including potential restructuring or M&A. America's Car-Mart, Inc. is a used car retailer and consumer finance provider.

June 12, 2026View Source ↗

America's Car-Mart, Inc. has requested and received an extension of the lender forbearance period through June 19, 2020, to allow for negotiations regarding an amendment to its Credit and Guaranty Agreement. The company is in active, constructive, and productive discussions with the Agent and Lenders to resolve interim concerns related to anticipated or actual defaults under the agreement. America's Car-Mart, Inc. operates in the used car sales and financing industry.