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): ~~June~~July 1526, 2016

American CareSource Holdings, Inc.

(Exact name of registrant as specified in charter)

Delaware	001-33094	20-0428568
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

55 Ivan Allen Jr. Blvd, Suite 510 Atlanta, Georgia 30308 ~~(Address of Principal Executive Offices)~~

(~~404) 465-1000 (Registrant’s Telephone Number, Including Area Code) (Former Name or Former~~ Address, Ifof ~~Changed~~Principal ~~Since~~Executive ~~Last Report~~Offices)

(404) 465-1000

(Registrant’s Telephone Number, Including Area Code)

(Former Name or Former Address, If Changed Since Last Report)

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:

□☐ 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))

Item 1.01. Entry ~~Into~~into a Material Definitive Agreement.

On ~~June~~July 1526, 2016, the registrant, American CareSource Holdings, Inc. (~~together~~the ~~with~~“Company”) entered ~~certain~~into ofan amendment to its ~~subsidiaries~~credit agreement with Wells Fargo Bank, ~~the~~National Association (“~~Company~~Wells Fargo”) ~~entered~~providing for ~~into~~ an ~~asset~~increase ~~purchase~~in the working capital revolving line of credit from $7.0 million to $8.0 million. The credit agreement, ~~(the~~as ~~“Purchase~~amended, ~~Agreement”)~~was ~~with~~initially ~~HealthSmart~~entered ~~Preferred~~into ~~Care~~on IIDecember 4, L2014.P. ~~(“HealthSmart”)~~The obligation, which is evidenced by a ~~subsidiary~~committed revolving line of ~~HealthSmart~~credit ~~Holdings~~note, has ~~Inc~~a fluctuating interest rate per annum 1. ~~Under~~75% ~~the~~above ~~terms~~daily ofone ~~Purchase~~month ~~Agreement~~LIBOR, ~~HealthSmart~~as ~~agreed~~in effect from time to ~~purchase~~time. ~~certain~~The ~~specified~~obligations ~~assets~~under the credit agreement and ~~contracts~~the ~~from~~Note are secured by substantially all the assets of the Company ~~related~~and its subsidiaries. The credit agreement includes ordinary and customary covenants related to, ~~the~~among ~~Company’s~~other ~~ancillary~~things, ~~network~~additional ~~business~~debt, (further encumbrances, sales of assets, and investments and lending. The funds will be due and payable on June 1, 2017, the ~~“Transaction”)~~date all indebtedness is due under our credit agreements. The ~~Transaction~~amendment ~~does~~is ~~not~~governed ~~include~~by all terms and conditions set forth in the ~~Company’s~~existing credit agreements. The description ~~urgent~~of ~~care~~the credit agreement amendment and ~~primary~~the ~~care~~note ~~business~~related thereto in this Current Report on Form 8-K do not purport to be complete and ~~excludes~~are ~~other~~qualified ~~mutually~~by ~~agreed~~reference ~~upon~~to ~~assets~~the full text of the credit agreement amendment and ~~liabilities~~the note related thereto, which are attached hereto as Exhibits 10.1 and 10.2, and are incorporated herein by reference.

~~The~~Borrowings ~~Purchase~~under ~~Agreement~~the ~~contains~~credit ~~customary~~agreement ~~representations,~~are also secured by guaranties provided by John ~~warranties,~~Pappajohn ~~covenants,~~(up ~~indemnification~~to ~~provisions,~~$4.0 million) and ~~closing~~Mark ~~conditions~~Oman (up to approximately $2.7 ~~The~~million) ~~parties~~who ~~anticipate~~are ~~closing~~directors of the ~~transaction~~Company, inand ~~third~~Bruce Rastetter or(up ~~fourth~~to ~~quarter~~approximately of$1.3 ~~this year~~million).

~~HealthSmart~~On ~~has~~October ~~been~~6, ~~managing~~2016, the Company’s ~~ancillary~~borrowed ~~network~~$0.2 million from John Pappajohn. The loan is ~~business~~evidenced ~~since~~by ~~October~~a 1promissory note, ~~2014~~which ~~pursuant~~bears interest at 6% per annum. Interest-only payments are due and payable under the promissory note on the first day of each calendar month after the date of issuance, and all principal and accrued but unpaid interest are due and payable 18 months after the date of issuance. The description of the promissory note in this Current Report on Form 8-K does not purport to abe ~~management~~complete ~~services~~and ~~agreement~~is qualified by reference to the full text of the promissory note, which is attached hereto as Exhibit 10.3 and incorporated herein by reference.

InItem ~~consideration of the purchased assets, HealthSmart will assume between approximately $~~2.~~2 million and $3~~03.2 ~~million~~Creation of ~~liabilities~~a ~~related~~Direct toFinancial ~~the~~Obligation ~~ancillary~~or ~~network~~an ~~business~~Obligation ~~and~~Under ~~will forgive~~an ~~all~~Off-Balance ~~amounts~~Sheet ~~due~~Arrangement HealthSmart under the management services agreement. The actual amounts to be forgiven and liabilities to be assumed by HealthSmart, and therefore the purchase price, will be determined at closing, but the Company estimates the total consideration for the sale to be in the range of ~~$3.0~~a ~~and $4~~Registrant.0 million. In connection with the Company’s entry into the Purchase Agreement, the Company paid $600,000 to HealthSmart reduce payment obligations to network providers, and committed to making an additional payment of approximately $257,000, less certain offsets, at closing.

The ~~foregoing~~disclosures ~~description~~under ofItem ~~the~~1.01 ~~Purchase~~of ~~Agreement does~~this ~~not~~Current ~~purport~~Report toon beForm ~~complete~~8-K ~~and~~are isalso ~~qualified in its entirety by reference~~ responsive to ~~the~~Item ~~full~~2.03 ~~text~~ of ~~the~~this ~~Purchase~~report ~~Agreement,~~and aare ~~copy of~~incorporated ~~which~~by isreference ~~attached~~into ~~hereto~~this asItem ~~Exhibit 10~~2.~~1 and incorporated by reference~~03.

~~Item 8.01. Other Events.~~1

On June 17, 2016, the Company announced by press release its entry into the Purchase Agreement as described in Item 1.01 above. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
10.1* Asset Purchase Agreement, dated as of June 15, 2016, by and among HealthSmart Preferred Care II, L.P., a Texas limited partnership, American CareSource Holdings, Inc., a Delaware corporation, and its wholly-owned subsidiaries Ancillary Care Services, Inc., a Delaware corporation and Ancillary Care Services-Worker’s Compensation, Inc., a Delaware corporation.
10.1		Amendment No. 1 to the Credit Agreement, dated as of July 26, 2016, between American CareSource Holdings, Inc. and Wells Fargo Bank, National Association.
99.1 Press Release of American CareSource Holdings, Inc. dated June 17, 2016.
10.2		Revolving Line of Credit Note Modification of American CareSource Holdings, Inc., dated July 26, 2016.
10.3		Promissory Note issued to John Pappajohn, dated October 6, 2016.

__________________________

* Pursuant to Item 601(b)(2) of Regulation S-K, the Company hereby agrees to supplement this filing by furnishing to the Securities and Exchange Commission upon request any omitted schedule or exhibit to the Purchase Agreement.

SIGNATURE

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.

Date: June 21, 2016
Date: October 17, 2016
	American CareSource Holdings, Inc.	~~American CareSource Holdings, Inc.~~
	By:	~~By:~~/s/ Adam S. Winger	~~/s/ Adam S. Winger~~
	Adam S. Winger		~~Adam S. Winger~~
			President and CEO
	President and Chief Executive Officer

EXHIBIT INDEX

Exhibit No.		Description

10.1		Amendment No. 1 to the Credit Agreement, dated as of July 26, 2016, between American CareSource Holdings, Inc. and Wells Fargo Bank, National Association.

10.2		Revolving Line of Credit Note Modification of American CareSource Holdings, Inc., dated July 26, 2016.

10.3		Promissory Note issued to John Pappajohn, dated October 6, 2016.

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