The gross proceeds to the Company from the offering are expected to be approximately $4.3 million, before deducting the placement agent's fees and other offering expenses payable by the Company. The Company currently intends to use the net proceeds from the offering for working capital and general corporate purposes.

Shares of America's Car-Mart fell below previous 52-week lows in the after-hours market Wednesday, following news the company plans to sell $65 million of stock in an underwritten public offering. After the bell,

Car-Mart will issue. $65M in new shares. America's Car-Mart said recently it will sell $65 million in its common stock as part of an underwritten public offering. The sale is for

Mart, Inc. (NASDAQ: CRMT) (“Car-Mart” or the “Company”), a large publicly held automotive retailer focused exclusively on the “Integrated Auto Sales and Finance” segment of the used car market, announced today the pricing of its underwritten public offering of 1,

Chewy will not sell any shares of its Class A common stock or receive any proceeds in the offering, which is subject to market and other conditions. The company's $300 million repurchase is being executed separately from its existing $500 million share repurchase program, authorized on May 24.