Major owner of America's Car-Mart just declared owning 797,955 shares of America's Car-Mart

Capital Fund, Magnolia, a major owner of America's Car-Mart, has just filed an initial statement of beneficial ownership where 797,955 shares of America's Car-Mart were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Magnolia. Magnolia operates out of Omaha, NE. Some additional info was provided as follows:

All of the reported shares are directly owned by Magnolia Capital Fund, LP, of which The Magnolia Group, LLC ("TMG") is the general partner and investment manager. Adam K. Peterson ("Mr. Peterson") is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of 797,955 shares of Common Stock of America's Car-Mart, Inc. TMG and Mr. P eterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

America's Car-Mart Just Filed Its Annual Report: Earnings per Share  ... - June 14, 2018
America's Car-Mart director just disposed of 10,000 shares - May 29, 2018
America's Car-Mart director just picked up 15,236 shares - May 25, 2018
America's Car-Mart's President and CEO just picked up 9,999 shares - May 25, 2018
America's Car-Mart director just picked up 2,622 shares - May 25, 2018

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