AMERICAS CARMART INC 8-K filed 2026-09-11

America's Car-Mart, Inc. (AMERICAS CARMART INC, ticker CRMT on Nasdaq) filed this Form 8-K on 2026-09-11. It reports that its lenders have again extended a temporary waiver of defaults under its Credit and Guaranty Agreement dated as of October 30, 2025. Silver Point Finance, LLC acts as Administrative Agent and Collateral Agent. The waiver comes from a First Amendment and Limited Waiver that the company first disclosed in an 8-K filed June 25, 2026. It originally ran to a Scheduled Termination Date of September 7, 2026. On September 4, 2026 the lenders extended that date through September 11, 2026. On September 10, 2026 they extended it again, through September 18, 2026. The defaults being waived include the failure or expected failure to comply with certain financial covenants and reporting obligations. Each extension is one week long, and the latest one was agreed the day before the prior deadline. The company says there is no assurance that it will meet the conditions for a permanent waiver. The conditions and milestones in the Amendment are described in the June 25, 2026 report, and their details are not in the filing excerpt. The size of the credit facility, any fees for the extensions, and what happens if the September 18, 2026 date passes without a further extension are also not in the filing excerpt. Under Item 8.01, the company restates that a special committee of its board is overseeing an evaluation of strategic alternatives. These may include financing, recapitalization, restructuring, mergers and acquisitions, and other transactions. The company says it believes it has made significant progress towards a transaction and that discussions remain active with third parties, the Agent, and the Lenders. The identity of any counterparty and the terms of any proposed transaction are not in the filing. The forward-looking statements section names several risks. These include the company's ability to extend the waiver and relief period to November 2026. They also include the potential need to seek protection under bankruptcy or insolvency laws and the possibility that common stockholders could experience a significant or complete loss of their investment. The company also cites its ability to continue meeting Nasdaq's continued listing requirements. No financial figures, such as debt balances or liquidity amounts, appear in the filing excerpt.