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- Covenant Violation (new) — The company is in actual or anticipated default under its credit agreement and operating under lender forbearance.
America's Car-Mart extends lender forbearance to June 19 amid credit agreement default
Filed June 12, 2026 · Period ending June 12, 2026 · ~1 min read
Key Changes
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Company extends forbearance period with lenders through June 19, 2026, the second extension as it operates under actual or anticipated defaults on its credit agreement dated October 30, 2025.
Item 1.01 verify on EDGAR → -
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Management reports "significant progress" toward a credit agreement amendment that would resolve default concerns on at least an interim basis, though no assurance a definitive amendment will be reached.
Item 1.01 verify on EDGAR → -
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During forbearance, lenders have agreed not to exercise remedies despite the defaults; the specific nature of the covenant violations is not disclosed.
Item 1.01 verify on EDGAR →
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Source-verified from EDGAR · Narrative written by AI · Jul 17, 2026 · How we verify