RUSH ENTERPRISES INC TX : Completion of Acquisition or Disposition of Assets, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)

Item 2.01 Completion of Acquisition or Disposition of Assets.

On December 13, 2021, certain subsidiaries of Rush Enterprises, Inc. (collectively, the "Company") completed the acquisition of certain of the assets of Summit Truck Group, LLC and certain of its subsidiaries and affiliates (collectively, "Summit") for a purchase price of approximately $205.0 million, excluding the real property associated with the transaction. The Company financed approximately $102.0 million of the purchase price under its floor plan and lease and rental truck financing arrangements and financed the remainder of the purchase price through cash on hand. In addition, the Company purchased certain real estate owned by Summit for a purchase price of approximately $56.0 million with cash on hand.

The following chart sets forth the newly acquired dealerships' commercial vehicle sales, leasing, rental, parts and service operations by location:

   Truck Center         Franchise(s)       Truck Sales  Leasing   Parts  Collision Real Estate
     Location                                          Franchise   and    Center
                                                                 Service
    Jonesboro,     International, IC Bus,      Yes        No       Yes      No        Leased
     Arkansas           Dennis Eagle

Lowell, Arkansas International, IC Bus, Yes Idealease Yes Yes Owned/Leased

                     Isuzu, Dennis Eagle

North Little Rock, International, IC Bus, Yes Idealease Yes Yes Owned

Arkansas Dennis Eagle, Landoll

Pine Bluff, International, IC Bus, Yes No Yes No Owned

Arkansas           Dennis Eagle

Russellville, International, IC Bus Yes No Yes No Owned

     Arkansas           Dennis Eagle
   Kansas City,              n/a               No      Idealease   No       No        Owned

Kansas

Salina, Kansas International, Dennis No Idealease Yes No Owned

                            Eagle

Topeka, Kansas International, Dennis Yes No Yes No Owned

                            Eagle

Wichita, Kansas International, Dennis Yes Idealease Yes No Owned

                            Eagle

Cape Girardeau, International, Dennis Yes No Yes No Owned

Missouri               Eagle

Joplin, Missouri International, Dennis Yes Idealease Yes Yes Owned

                            Eagle
   Kansas City,     International, Dennis      Yes        No       Yes      No        Owned
     Missouri               Eagle
   Kansas City,              n/a               Yes        No       No       No        Leased
     Missouri

Sedalia, Missouri International, Dennis Yes No Yes No Owned

                            Eagle
   Springfield,     International, Isuzu,      Yes     Idealease   Yes      No        Owned
     Missouri           Dennis Eagle
   St. Joseph,      International, Dennis      Yes        No       Yes      No        Owned
     Missouri               Eagle
   West Plains,     International, Dennis      Yes        No       Yes      No        Leased
     Missouri               Eagle

Memphis, Tennessee International, Isuzu, Yes No Yes Yes Owned/Leased

                        Dennis Eagle
Memphis, Tennessee           n/a               No      Idealease   No       No        Owned
  Wichita Falls,             n/a               n/a        n/a      n/a      n/a       Owned
      Texas

With respect to the Wichita Falls, Texas facility, the Company will operate it as a full-service Peterbilt commercial vehicle dealership. As shown above, the Company acquired the majority of the real property associated with the acquired assets and assumed the leases for the real property it did not purchase.

Item 7.01 Regulation FD Disclosure.

On December 14, 2021, the Company issued a press release announcing the completion of the acquisition. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated into this Item 7.01 by reference.

Item 9.01 Financial Statements and Exhibits.

Exhibit 99.1 Rush Enterprises, Inc. press release dated December 14, 2021 Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL

             document)

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