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America’s Car-Mart, Inc. Announces Pricing of Public Offering of Common Stock
Sep 19, 2024•over 1 year ago
Contract Type
partnership
RogersManufacturingAutomotive
Description
America’s Car-Mart, Inc. (NASDAQ: CRMT) announced the pricing of its underwritten public offering of 1,700,000 shares of its common stock at a price to the public of $43.00 per share. The company intends to use the net proceeds from the proposed offering to repay a portion of the balance on its revolving credit facilities and for general corporate purposes.
Company Information
Company
AmericaCar-Mart
Location
Rogers, Arkansas, United States
About
America’s Car-Mart, Inc. (the “Company”) operates automotive dealerships in 12 states and is one of the largest publicly held automotive retailers in the United States focused exclusively on the “Integrated auto Sales and Finance” segment of the used car market. The Company emphasizes superior customer service and the building of strong personal relationships with its customers. The Company operates its dealerships primarily in smaller cities throughout the South-Central United States, selling quality used vehicles and providing financing for substantially all of its customers.
RogersManufacturingAutomotive