Material Agreement (Form 8-K)

Item 1.01 Entry into a Material Definitive Agreement.

As disclosed in its Current Reports on Form 8-K filed on June 25, 2026 (the "June 25th Current Report"), September 4, 2026 and September 11, 2026 (together with the June 25th Current Report, the "Prior Current Reports"), America's Car-Mart, Inc. (the "Company") entered into the First Amendment and Limited Waiver to Credit and Guaranty Agreement (the "Amendment") with Silver Point Finance, LLC, as Administrative Agent and Collateral Agent (the "Agent"), and the lenders party thereto (collectively, the "Lenders"), amending and providing certain limited waivers under the Credit and Guaranty Agreement dated as of October 30, 2025 (the "Credit Agreement").

Pursuant to the Amendment, the Lenders agreed to waive, for the period from the effective date of the Amendment to September 7, 2026 (the "Scheduled Termination Date"), certain anticipated or existing events of default under the Credit Agreement. As previously disclosed, on September 4, 2026, the Agent and Lenders agreed to extend the Scheduled Termination Date through September 11, 2026 (the "Initial Extension"), and on September 10, 2026, the Agent and Lenders agreed to extend the Scheduled Termination Date through September 18, 2026 (the "Second Extension"). On September 18, 2026, the Agent and Lenders agreed to further extend the Scheduled Termination Date through September 24, 2026 (the "Third Extension" and, together with the Initial Extension and the Second Extension, the "Extensions"). Consistent with the Second Extension, the Third Extension includes temporary relief through the extended Scheduled Termination Date with respect to the Company's obligations to maintain certain minimum liquidity thresholds and a minimum Collateral Coverage Ratio (as defined in the Credit Agreement), each as described in the June 25th Current Report.

Item 8.01 Other Events.

As previously disclosed, the Company is also engaged in an evaluation of strategic alternatives, overseen by a special committee of the Company's board of directors and which may include potential financing, recapitalization, restructuring, mergers and acquisitions, and other transactions. The Company believes it has made significant progress towards a transaction and that discussions remain active with third-parties, the Agent, and the Lenders.

As described in the Prior Current Reports, the Company has experienced, or anticipates experiencing, events of default under the Credit Agreement, including the failure or expected failure to comply with certain financial covenants and reporting obligations. Pursuant to the Amendment, the Lenders have agreed to waive such defaults for the Specified Period (as defined in the Amendment) on the terms described in the June 25th Current Report, as extended by the Extensions. There can be no assurance that the Company will satisfy the conditions to a permanent waiver of such defaults, that the Company's review of strategic and financing alternatives will result in any transaction or other outcome favorable to the Company or its stockholders or that the Company will be able to achieve a sustainable capital structure.