Material Agreement · New Debt / Obligation

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 8-K __________________________________ CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported)  December 20, 2019 Commission File Number:   000-19599 WORLD ACCEPTANCE CORP ORATION (Exact name of registrant as specified in its charter.) South Carolina   57-0425114 (State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification Number) 108 Frederick Street Greenville, South Carolina 29607 (Address of principal executive offices) (Zip Code) (864) 298-9800 (registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, no par value WRLD The NASDAQ Stock Market LLC (NASDAQ Global Select Market) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐             If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01. Entry into a Material Definitive Agreement. First Amendment to Amended and Restated Revolving Credit Facility On December 20, 2019, World Acceptance Corporation (the “Company”) entered into the First Amendment to Amended and Restated Revolving Credit Agreement (the “First Amendment”), among the Company, the lenders named therein, and Wells Fargo Bank, National Association, as Administrative Agent and Collateral Agent. The First Amendment amends its Amended and Restated Revolving Credit Agreement to, among other things: (i) change the definition of “Net Income Available for Fixed Charges” to deduct depreciation, amortization and non-cash share-based compensation in determining Consolidated Adjusted Net Income; (ii) include additional requirements under Beneficial Ownership Regulation; (iii) add Recognition of the U.S. Special Resolution Regimes, and (iv) change the Fixed Charge Ratio from not less than 2.5 to 1 to not less than 2.75 to 1. The foregoing description of the First Amendment to the Revolving Credit Agreement is only a summary and is qualified in its entirety by reference to the full text of the Revolving Credit Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference. Item 2.03. The information contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03. The information contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03. Item 9.01. Financial Statements and Exhibits. (d) Exhibits.   Exhibit Number Exhibit Description     10.1* First Amendment to Amended and Restated Revolving Credit Facility dated December 20, 2019 * Submitted electronically herewith. 1 SIGNATURES   Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.     WORLD ACCEPTANCE CORPORATION             By: /s/ John L. Calmes, Jr.     John L. Calmes, Jr.     Executive Vice President and Chief Financial and Strategy Officer     Date:  December 23, 2019 2