Item 1.01. Entry into a Material Definitive Agreement. On January 31, 2025, affiliates of America’s Car-Mart, Inc. (the “ Company”) completed a securitization transaction (the “ Securitization Transaction”), which involved the issuance and sale in a private offering of $150,770,000 aggregate principal amount of 5.38% Class A Asset Backed Notes (the “ Class A Notes”) and $49,230,000 aggregate principal amount of 7.87% Class B Asset Backed Notes (the “ Class B Notes” and, together with the Class A Notes, the “ Notes”). The Notes were issued by ACM Auto Trust 2025-1 (the “ Issuer”), an indirect subsidiary of the Company. The Notes are collateralized by $337,286,838 of accounts receivable related to installment sales contracts originated by the Company’s operating subsidiaries, America’s Car Mart, Inc. and Texas Car-Mart, Inc. The Issuer will be the sole obligor of the Notes; the Notes will not be obligations of or guaranteed by the Company or any of its other affiliates or subsidiaries. Net proceeds from the offering (after deducting the underwriting discount payable to the initial purchasers and other expenses) were approximately $198.5 million and are being used to pay outstanding debt and make the initial deposits into collection and reserve accounts for the benefit of noteholders. S& P Global Rating Agency has rated the Notes as follows: Class A Notes, A(sf); and Class B Notes, BBB(sf).

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a The information set forth above under Item 1.01 is hereby incorporated by reference into this Item 2.03.

Item 8.01. Other Events. On February 3, 2025, the Company issued a press release announcing the Securitization Transaction. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 10.1 Purchase Agreement, dated January 31, 2025, by and between Colonial Auto Finance, Inc. and ACM Funding, LLC. 99.1 Press Release dated February 3, 2025 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── 4.1 Indenture, dated January 31, 2025, by and between ACM Auto Trust 2025-1 and Deutsche Bank National Trust Company, as Indenture Trustee. 10.2 Sale and Servicing Agreement, dated January 31, 2025, by and among ACM Auto Trust 2025-1, ACM Funding, LLC, America’s Car Mart, Inc., and Deutsche Bank National Trust Company, as Indenture Trustee, Calculation Agent, and Paying Agent, and Systems & Services Technologies, Inc. as Backup Servicer. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)