{"success":true,"data":{"pressRelease":{"id":"68901","rtpr_id":"nGNX3d10HM","ticker":"CRMT","exchange":"NASDAQ","all_tickers":["CRMT"],"title":"America’s Car-Mart, Inc. Announces Agreement with Lenders to Support Ongoing Strategic Review Process","author":"Globe Newswire","published_at":"2026-06-20T01:00:00.091Z","article_body":"ROGERS, Ark., June 19, 2026 (GLOBE NEWSWIRE) -- America’s Car-Mart, Inc.\n(NASDAQ: CRMT) (“Car-Mart” or the “Company”), today announced that it\nhas entered into an amendment (the “Amendment”) to its Credit and Guaranty\nAgreement with Silver Point Finance, LLC, as Administrative Agent, and the\nCompany’s lenders, as part of the Company’s proactive efforts to preserve\nliquidity and advance its ongoing strategic alternatives process.\n\nThe Amendment provides the Company with covenant relief and a defined path\nforward as it works with its advisors to complete a review of strategic\nalternatives. A Special Committee of the Company’s Board of Directors will\ncontinue to actively evaluate the full range of strategic and financing\nalternatives available to the Company, with a focus on identifying the outcome\nthat maximizes value for all of the Company’s stakeholders.\n\n“The Amendment provides us the time to evaluate strategic alternatives and\npursue an outcome that best serves our stakeholders,” said Doug Campbell,\nChief Executive Officer. “We appreciate our lenders’ cooperation and their\nagreement to provide us this time, and we are focused on executing on the\nmilestones ahead.”\n\nUnder the terms of the Amendment, the Company must satisfy certain milestones,\nand the lenders have agreed to waive specified defaults and events of default\nunder the Credit Agreement and to provide covenant relief for a defined\nperiod. The Amendment provides for an initial period running through early\nSeptember 2026, with the ability to extend to November 2026 if certain\nconditions are satisfied, providing the Company with a workable timeline to\nadvance its review of strategic alternatives. Additional details of the\nAmendment will be included in the Company’s Current Report on Form 8-K that\nthe Company intends to file with the Securities and Exchange Commission in the\ncoming days.\n\nThere can be no assurance that the Company’s review of strategic\nalternatives will result in any transaction or other outcome, or as to the\ntiming or terms of any such transaction or outcome. The Company does not\nintend to comment further regarding the review unless and until it determines\nthat further disclosure is appropriate or required.\n\nThe Company is advised by Mayer Brown LLP as legal counsel, Houlihan Lokey\nCapital, Inc. as investment banker, and FTI Consulting as financial advisor.\n\nAbout America’s Car-Mart, Inc.\n\nAmerica’s Car-Mart operates automotive dealerships in 12 states and is one\nof the largest publicly held automotive retailers in the United States focused\nexclusively on the “Integrated Auto Sales and Finance” segment of the used\ncar market. The Company emphasizes superior customer service and the building\nof strong personal relationships with its customers. The Company operates its\ndealerships primarily in smaller cities throughout the South-Central United\nStates, selling quality used vehicles and providing financing for\nsubstantially all of its customers. For more information about America’s\nCar-Mart, including investor presentations, please visit our website at\nwww.car-mart.com.\n\nForward Looking Statements \nThis press release contains “forward-looking statements” within the\nmeaning of the Private Securities Litigation Reform Act of 1995. All\nstatements contained in this press release that do not relate to matters of\nhistorical fact should be considered forward-looking statements. Words such as\n“expects,” “believes,” “will,” “would,” “plans,”\n“intends,” “continue,” “remain,” and other similar words and\nexpressions are intended to signify forward-looking statements. These\nforward-looking statements include, without limitation, statements regarding\nthe Amendment and the covenant relief and waivers provided thereunder, the\nmilestones and conditions the Company must satisfy under the Amendment, the\nduration of the waiver and relief period and the Company’s ability to extend\nthat period, the Company’s review of strategic and financing alternatives\nand the potential outcomes thereof, the Company’s liquidity and efforts to\npreserve it, and the Company’s expectations regarding its future business\nand operations.\n\nActual results and the timing of such results could materially differ from\nthose anticipated in such forward-looking statements as a result of certain\nrisks and uncertainties, including: the Company’s ability to satisfy the\nmilestones and conditions set forth in the Amendment within the required\ntimeframes; the Company’s ability to extend the waiver and relief period to\nNovember 2026 or otherwise obtain additional covenant relief, waivers,\nforbearance, or financing from its lenders on acceptable terms or at all; the\nrisk that the Company’s review of strategic alternatives does not result in\nany transaction or other outcome, or that any such transaction or outcome is\non terms that are unfavorable to the Company or its stakeholders, or is not\ncompleted in a timely manner; the Company’s substantial level of\nindebtedness and its ability to service that indebtedness; the Company’s\nliquidity position and ability to fund its operations and obligations as they\ncome due; the potential need to seek protection under applicable bankruptcy or\ninsolvency laws; the possibility that holders of the Company’s common stock\ncould experience a significant or complete loss of their investment, including\nas a result of any restructuring, recapitalization, or dilution; the\nCompany’s ability to continue to meet the continued listing requirements of\nthe Nasdaq Stock Market; the effect of the foregoing on the Company’s\nrelationships with customers, employees, suppliers, lenders, and other\nstakeholders; the costs, timing, and uncertainties associated with the\nstrategic review process and related advisory engagements; and the diversion\nof management’s attention from ordinary-course business operations.\n\nAdditional risks include, without limitation: general economic conditions in\nthe markets in which the Company operates, including but not limited to\nfluctuations in gas prices, grocery prices, and employment levels and\ninflationary pressure on operating costs; the availability of quality used\nvehicles at prices that will be affordable to the Company’s customers,\nincluding the impacts of changes in new vehicle production and sales; the\navailability of credit facilities and access to capital through securitization\nfinancings or other sources on terms acceptable to the Company, and any\nincrease in the cost of capital, to support the Company’s business; the\nCompany’s ability to underwrite and collect its contracts effectively;\ncompetition; dependence on existing management; the ability to attract,\ndevelop, and retain qualified general managers; changes in consumer finance\nlaws or regulations; future shutdowns of the federal government or changes to\nfederal or state government assistance programs impacting the Company’s\ncustomers; the ability to keep pace with technological advances and changes in\nconsumer behavior affecting the Company’s business; security breaches,\ncyber-attacks, or fraudulent activity; the occurrence and impact of any\nadverse weather events or other natural disasters affecting the Company’s\ndealerships or customers; and additional risks described in more detail in the\nCompany’s Annual Report on Form 10-K for the fiscal year ended April 30,\n2025 and other documents on file with the Securities and Exchange Commission,\neach of which can be found on the SEC’s website, www.sec.gov, or the\ninvestor relations section of the Company’s website. The Company undertakes\nno obligation to update or revise any forward-looking statements, whether as a\nresult of new information, future events, or otherwise. You are cautioned not\nto place undue reliance on these forward-looking statements, which speak only\nas of the dates on which they are made.\n\nInvestor Contact\n\nJonathan Collins\nChief Financial Officer\nInvestorRelations@car-mart.com\n\nSM Berger & Company \nAndrew Berger, Managing Director \nandrew@smberger.com\n\nMedia Contact\n\nRachel Chesley / Misha Ross\nCar-MartComms@fticonsulting.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/bd56b2d4-7281-4f7b-821f-f8217e5a6962)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX3d10HM","title":"America’s Car-Mart, Inc. Announces Agreement with Lenders to Support Ongoing Strategic Review Process","author":"Globe Newswire","ticker":"CRMT","created":"2026-06-20T01:00:00.091Z","tickers":["CRMT"],"exchange":"NASDAQ","article_body":"ROGERS, Ark., June 19, 2026 (GLOBE NEWSWIRE) -- America’s Car-Mart, Inc.\n(NASDAQ: CRMT) (“Car-Mart” or the “Company”), today announced that it\nhas entered into an amendment (the “Amendment”) to its Credit and Guaranty\nAgreement with Silver Point Finance, LLC, as Administrative Agent, and the\nCompany’s lenders, as part of the Company’s proactive efforts to preserve\nliquidity and advance its ongoing strategic alternatives process.\n\nThe Amendment provides the Company with covenant relief and a defined path\nforward as it works with its advisors to complete a review of strategic\nalternatives. A Special Committee of the Company’s Board of Directors will\ncontinue to actively evaluate the full range of strategic and financing\nalternatives available to the Company, with a focus on identifying the outcome\nthat maximizes value for all of the Company’s stakeholders.\n\n“The Amendment provides us the time to evaluate strategic alternatives and\npursue an outcome that best serves our stakeholders,” said Doug Campbell,\nChief Executive Officer. “We appreciate our lenders’ cooperation and their\nagreement to provide us this time, and we are focused on executing on the\nmilestones ahead.”\n\nUnder the terms of the Amendment, the Company must satisfy certain milestones,\nand the lenders have agreed to waive specified defaults and events of default\nunder the Credit Agreement and to provide covenant relief for a defined\nperiod. The Amendment provides for an initial period running through early\nSeptember 2026, with the ability to extend to November 2026 if certain\nconditions are satisfied, providing the Company with a workable timeline to\nadvance its review of strategic alternatives. Additional details of the\nAmendment will be included in the Company’s Current Report on Form 8-K that\nthe Company intends to file with the Securities and Exchange Commission in the\ncoming days.\n\nThere can be no assurance that the Company’s review of strategic\nalternatives will result in any transaction or other outcome, or as to the\ntiming or terms of any such transaction or outcome. The Company does not\nintend to comment further regarding the review unless and until it determines\nthat further disclosure is appropriate or required.\n\nThe Company is advised by Mayer Brown LLP as legal counsel, Houlihan Lokey\nCapital, Inc. as investment banker, and FTI Consulting as financial advisor.\n\nAbout America’s Car-Mart, Inc.\n\nAmerica’s Car-Mart operates automotive dealerships in 12 states and is one\nof the largest publicly held automotive retailers in the United States focused\nexclusively on the “Integrated Auto Sales and Finance” segment of the used\ncar market. The Company emphasizes superior customer service and the building\nof strong personal relationships with its customers. The Company operates its\ndealerships primarily in smaller cities throughout the South-Central United\nStates, selling quality used vehicles and providing financing for\nsubstantially all of its customers. For more information about America’s\nCar-Mart, including investor presentations, please visit our website at\nwww.car-mart.com.\n\nForward Looking Statements \nThis press release contains “forward-looking statements” within the\nmeaning of the Private Securities Litigation Reform Act of 1995. All\nstatements contained in this press release that do not relate to matters of\nhistorical fact should be considered forward-looking statements. Words such as\n“expects,” “believes,” “will,” “would,” “plans,”\n“intends,” “continue,” “remain,” and other similar words and\nexpressions are intended to signify forward-looking statements. These\nforward-looking statements include, without limitation, statements regarding\nthe Amendment and the covenant relief and waivers provided thereunder, the\nmilestones and conditions the Company must satisfy under the Amendment, the\nduration of the waiver and relief period and the Company’s ability to extend\nthat period, the Company’s review of strategic and financing alternatives\nand the potential outcomes thereof, the Company’s liquidity and efforts to\npreserve it, and the Company’s expectations regarding its future business\nand operations.\n\nActual results and the timing of such results could materially differ from\nthose anticipated in such forward-looking statements as a result of certain\nrisks and uncertainties, including: the Company’s ability to satisfy the\nmilestones and conditions set forth in the Amendment within the required\ntimeframes; the Company’s ability to extend the waiver and relief period to\nNovember 2026 or otherwise obtain additional covenant relief, waivers,\nforbearance, or financing from its lenders on acceptable terms or at all; the\nrisk that the Company’s review of strategic alternatives does not result in\nany transaction or other outcome, or that any such transaction or outcome is\non terms that are unfavorable to the Company or its stakeholders, or is not\ncompleted in a timely manner; the Company’s substantial level of\nindebtedness and its ability to service that indebtedness; the Company’s\nliquidity position and ability to fund its operations and obligations as they\ncome due; the potential need to seek protection under applicable bankruptcy or\ninsolvency laws; the possibility that holders of the Company’s common stock\ncould experience a significant or complete loss of their investment, including\nas a result of any restructuring, recapitalization, or dilution; the\nCompany’s ability to continue to meet the continued listing requirements of\nthe Nasdaq Stock Market; the effect of the foregoing on the Company’s\nrelationships with customers, employees, suppliers, lenders, and other\nstakeholders; the costs, timing, and uncertainties associated with the\nstrategic review process and related advisory engagements; and the diversion\nof management’s attention from ordinary-course business operations.\n\nAdditional risks include, without limitation: general economic conditions in\nthe markets in which the Company operates, including but not limited to\nfluctuations in gas prices, grocery prices, and employment levels and\ninflationary pressure on operating costs; the availability of quality used\nvehicles at prices that will be affordable to the Company’s customers,\nincluding the impacts of changes in new vehicle production and sales; the\navailability of credit facilities and access to capital through securitization\nfinancings or other sources on terms acceptable to the Company, and any\nincrease in the cost of capital, to support the Company’s business; the\nCompany’s ability to underwrite and collect its contracts effectively;\ncompetition; dependence on existing management; the ability to attract,\ndevelop, and retain qualified general managers; changes in consumer finance\nlaws or regulations; future shutdowns of the federal government or changes to\nfederal or state government assistance programs impacting the Company’s\ncustomers; the ability to keep pace with technological advances and changes in\nconsumer behavior affecting the Company’s business; security breaches,\ncyber-attacks, or fraudulent activity; the occurrence and impact of any\nadverse weather events or other natural disasters affecting the Company’s\ndealerships or customers; and additional risks described in more detail in the\nCompany’s Annual Report on Form 10-K for the fiscal year ended April 30,\n2025 and other documents on file with the Securities and Exchange Commission,\neach of which can be found on the SEC’s website, www.sec.gov, or the\ninvestor relations section of the Company’s website. The Company undertakes\nno obligation to update or revise any forward-looking statements, whether as a\nresult of new information, future events, or otherwise. You are cautioned not\nto place undue reliance on these forward-looking statements, which speak only\nas of the dates on which they are made.\n\nInvestor Contact\n\nJonathan Collins\nChief Financial Officer\nInvestorRelations@car-mart.com\n\nSM Berger & Company \nAndrew Berger, Managing Director \nandrew@smberger.com\n\nMedia Contact\n\nRachel Chesley / Misha Ross\nCar-MartComms@fticonsulting.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/bd56b2d4-7281-4f7b-821f-f8217e5a6962)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-06-20T01:00:00.140959487Z","server_sent_at_ms":1781917200140},"received_at":"2026-06-20T01:00:00.194Z","source_url":null},"analysis":{"id":"58313","press_release_id":"68901","analysis_json":{"industry":{"label":"Automotive Retailers","sector":"Consumer Discretionary"},"redFlags":["Waiver of specified defaults and events of default indicates existing covenant breaches","Strategic alternatives process suggests potential distressed sale or bankruptcy risk","Forward-looking statements explicitly warn of potential 'significant or complete loss of investment'","Risk of dilution or restructuring mentioned in risk factors"],"eventType":"restructuring","narrative":"Car-Mart has entered into an amendment to its credit agreement with Silver Point Finance and other lenders to secure covenant relief and waive specified defaults.\n\nThe company is actively evaluating strategic alternatives, including potential sales or recapitalizations, with a Special Committee of the Board leading the process.\n\nThe relief period runs through early September 2026, with a potential extension to November 2026 if certain milestones are met, providing a defined timeline for a resolution.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Car-Mart secures lender forbearance to pursue strategic alternatives; watch for distressed M&A or bankruptcy filing by Nov 2026."},"keyFigures":{"customDimensions":{"relief_period_end":"early September 2026","extension_deadline":"November 2026"}},"quotedText":"The Amendment provides us the time to evaluate strategic alternatives and pursue an outcome that best serves our stakeholders","namedEntities":{"people":[{"name":"Doug Campbell","role":"Chief Executive Officer"},{"name":"Jonathan Collins","role":"Chief Financial Officer"},{"name":"Andrew Berger","role":"Managing Director"}],"products":[],"companies":[{"name":"America’s Car-Mart, Inc.","ticker":"CRMT","relationship":"filer"},{"name":"Silver Point Finance, LLC","relationship":"administrative agent"},{"name":"Mayer Brown LLP","relationship":"legal counsel"},{"name":"Houlihan Lokey Capital, Inc.","relationship":"investment banker"},{"name":"FTI Consulting","relationship":"financial advisor"},{"name":"SM Berger & Company","relationship":"investor relations advisor"}],"dollarAmounts":[]},"materialImpact":{"score":4,"reasoning":"The company is in a formal strategic alternatives process with covenant relief and waived defaults, signaling significant financial distress and high probability of a distressed sale, recapitalization, or bankruptcy. This is a critical juncture for the business."},"tickerRelevance":{"others":[],"primary":"CRMT"},"globalImportance":35,"audienceRelevance":40,"eventTypeSecondary":["debt_offering"],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"distressed restructuring/strategic review","sectorWeight":"consumer discretionary/auto","householdBrandBoost":"low","marketCapAdjustment":"neutral","retailFavoriteBoost":"low"}},"event_type":"restructuring","event_type_secondary":["debt_offering"],"sentiment":"bearish","material_impact_score":4,"narrative":"Car-Mart has entered into an amendment to its credit agreement with Silver Point Finance and other lenders to secure covenant relief and waive specified defaults.\n\nThe company is actively evaluating strategic alternatives, including potential sales or recapitalizations, with a Special Committee of the Board leading the process.\n\nThe relief period runs through early September 2026, with a potential extension to November 2026 if certain milestones are met, providing a defined timeline for a resolution.","key_figures":{"customDimensions":{"relief_period_end":"early September 2026","extension_deadline":"November 2026"}},"named_entities":{"people":[{"name":"Doug Campbell","role":"Chief Executive Officer"},{"name":"Jonathan Collins","role":"Chief Financial Officer"},{"name":"Andrew Berger","role":"Managing Director"}],"products":[],"companies":[{"name":"America’s Car-Mart, Inc.","ticker":"CRMT","relationship":"filer"},{"name":"Silver Point Finance, LLC","relationship":"administrative agent"},{"name":"Mayer Brown LLP","relationship":"legal counsel"},{"name":"Houlihan Lokey Capital, Inc.","relationship":"investment banker"},{"name":"FTI Consulting","relationship":"financial advisor"},{"name":"SM Berger & Company","relationship":"investor relations advisor"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-20T01:00:13.880Z","global_importance":35,"audience_relevance":40,"importance_components":{"tickerTier":"mid-cap","eventGravity":"distressed restructuring/strategic review","sectorWeight":"consumer discretionary/auto","householdBrandBoost":"low","marketCapAdjustment":"neutral","retailFavoriteBoost":"low"}},"durationMs":13670,"modelName":"george-droid-qwen-72b"}}