Americas Car-Mart Files 8-K with Financials

TL;DR

ACM filed an 8-K, mostly financials. No major news.

AI Summary

On October 22, 2024, Americas Car-Mart, Inc. filed an 8-K report. The filing primarily concerns financial statements and exhibits, with no specific material events or other significant business updates detailed in the provided text.

Why It Matters

This filing indicates that Americas Car-Mart, Inc. is providing updated financial statements and exhibits as required by the SEC, which is standard procedure for public companies.

Risk Assessment

Risk Level: low — The filing is a routine 8-K for financial statements and exhibits, not indicating any new risks or significant operational changes.

Key Players & Entities

• AMERICAS CARMART INC (company) — Registrant
• Texas (jurisdiction) — State of incorporation
• Rogers, Arkansas (location) — Principal executive address

FAQ

Key Financial Figures

• $0.01 — h registered Common Stock, par value $0.01 per share CRMT NASDAQ Global Select
• $43.00 — hares "), at a public offering price of $43.00 per share. The Company received net pro
• $67.8 m — ing of the Firm Shares of approximately $67.8 million, after deducting underwriting dis
• $5.6 million — g of the Option Shares of approximately $5.6 million after deducting underwriting discounts

Filing Documents

• f8k_102224.htm (8-K) — 22KB
• 0001171843-24-005744.txt ( ) — 191KB
• crmt-20241022_lab.xml (EX-101.LAB) — 33KB
• crmt-20241022_pre.xml (EX-101.PRE) — 22KB
• crmt-20241022.xsd (EX-101.SCH) — 3KB
• f8k_102224_htm.xml (XML) — 4KB

01 Other Events

Item 8.01 Other Events. As previously reported, on September 19, 2024, America's Car-Mart, Inc. (the " Company ") entered into an underwriting agreement (the " Underwriting Agreement ") with Jefferies LLC (the " Underwriter "), relating to the issuance and sale in an underwritten public offering by the Company of 1,700,000 shares of the Company's common stock, par value $0.01 per share (the " Firm Shares "), at a public offering price of $43.00 per share. The Company received net proceeds from the offering of the Firm Shares of approximately $67.8 million, after deducting underwriting discounts and commissions and estimated offering expenses. Under the terms of the Underwriting Agreement, the Company granted the Underwriter an option (the " Over-allotment Option "), exercisable for 30 days, to purchase up to 255,000 additional shares (the " Option Shares ") at the public offering price, less the underwriting discounts and commissions. On October 22, 2024, the Company closed the sale of 138,272 Option Shares, in connection with the partial exercise by the Underwriter of the Over-allotment Option at a public offering price of $43.00 per share. The Company received net proceeds from the offering of the Option Shares of approximately $5.6 million after deducting underwriting discounts and commissions. The Option Shares are being sold pursuant to the Company's shelf registration statement on Form S-3 (Registration Statement No. 333-273034) that was previously filed with the Securities and Exchange Commission (the " Commission ") on June 29, 2023 and became effective on August 14, 2023. A final prospectus supplement relating to the offering dated September 19, 2024 was filed with the Commission.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: October 22, 2024 AMERICA'S CAR-MART, INC. By: /s/ Vickie D. Judy Name: Vickie D. Judy Title: Chief Financial Officer (Principal Financial Officer)

View Full Filing

View this 8-K filing on SEC EDGAR