Fund 1 Investments Updates Tilly's Stake
Ticker: TLYS · Form: SC 13D/A · Filed: Mar 4, 2024 · CIK: 1524025
| Field | Detail |
|---|---|
| Company | Tilly'S, Inc. (TLYS) |
| Form Type | SC 13D/A |
| Filed Date | Mar 4, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $7.4714, $7.4454, $6.9926, $7.1284, $7.1089 |
| Sentiment | neutral |
Sentiment: neutral
Topics: activist-investor, filing-amendment, ownership-change
Related Tickers: TLYS
TL;DR
Fund 1 Investments filed an amendment to their 13D for Tilly's, Inc. - ownership update.
AI Summary
Fund 1 Investments, LLC has amended its Schedule 13D filing regarding Tilly's, Inc. as of March 1, 2024. This amendment indicates a change in the reporting person's beneficial ownership of Tilly's, Inc. common stock. The filing does not specify the exact percentage or number of shares held, but it signifies an update to their previous disclosures.
Why It Matters
This filing signals a potential shift in major shareholder activity for Tilly's, Inc., which could influence stock price and corporate strategy.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, introducing uncertainty.
Key Players & Entities
- Fund 1 Investments, LLC (company) — Reporting Person
- Tilly's, Inc. (company) — Subject Company
- March 1, 2024 (date) — Date of Event
FAQ
What specific changes in beneficial ownership are reported in this Amendment No. 8?
The filing states it is an Amendment No. 8 to Schedule 13D, indicating a change in the reporting person's beneficial ownership, but the specific details of the change (e.g., number of shares, percentage) are not provided in the excerpt.
Who is the reporting person filing this Schedule 13D/A?
The reporting person is Fund 1 Investments, LLC.
What is the subject company of this filing?
The subject company is Tilly's, Inc.
What is the date of the event requiring this filing?
The date of the event which requires filing of this statement is March 1, 2024.
Is this the initial Schedule 13D filing or an amendment?
This is an Amendment No. 8 to Schedule 13D, as indicated by the form type SC 13D/A and the title 'AMENDMENT NO. 8'.
Filing Stats: 774 words · 3 min read · ~3 pages · Grade level 8.9 · Accepted 2024-03-04 19:10:21
Key Financial Figures
- $7.4714 — en market purchase 02/09/2024 23,500 $7.4714 Open market purchase 02/13/2024 26,0
- $7.4454 — en market purchase 02/13/2024 26,000 $7.4454 Open market purchase 02/21/2024 32,5
- $6.9926 — en market purchase 02/21/2024 32,500 $6.9926 Open market purchase 02/22/2024 20,5
- $7.1284 — en market purchase 02/22/2024 20,500 $7.1284 Open market purchase 02/22/2024 25,0
- $7.1089 — en market purchase 02/22/2024 25,000 $7.1089 Open market purchase 02/23/2024 24,0
- $7.3038 — en market purchase 02/23/2024 24,000 $7.3038 Open market purchase 02/26/2024 1,00
- $7.4291 — pen market purchase 02/26/2024 1,000 $7.4291 Open market purchase 02/27/2024 25,0
- $7.5716 — en market purchase 02/27/2024 25,000 $7.5716 Open market purchase 02/28/2024 16,0
- $7.5344 — en market purchase 02/28/2024 16,000 $7.5344 Open market purchase 02/29/2024 21,0
- $7.6752 — en market purchase 02/29/2024 21,000 $7.6752 Open market purchase 03/01/2024 22,0
- $7.6672 — en market purchase 03/01/2024 22,000 $7.6672 Open market purchase 03/04/2024 10,0
- $7.6608 — en market purchase 03/04/2024 10,000 $7.6608 SIGNATURE After reasonable inquiry an
Filing Documents
- sc13da.htm (SC 13D/A) — 39KB
- 0000929638-24-000869.txt ( ) — 40KB
Interest in Securities of the Issuer
Item 5. Interest in Securities of the Issuer (a) and (b) See Items 7-13 of the cover page. The percentage calculations herein are based upon the statement in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended October 28, 2023, as filed with the Securities and Exchange Commission on December 1, 2023, that there were 22,667,615 shares of Class A Common Stock of the Issuer outstanding as of November 29, 2023. (c) The following table lists transactions in the Class A Common Stock that were effected during the sixty day period prior to the filing of this Schedule 13D and have not already been reported in the Schedule 13D: Transaction Date No. Shares Price Per Share Open market purchase 02/09/2024 23,500 $7.4714 Open market purchase 02/13/2024 26,000 $7.4454 Open market purchase 02/21/2024 32,500 $6.9926 Open market purchase 02/22/2024 20,500 $7.1284 Open market purchase 02/22/2024 25,000 $7.1089 Open market purchase 02/23/2024 24,000 $7.3038 Open market purchase 02/26/2024 1,000 $7.4291 Open market purchase 02/27/2024 25,000 $7.5716 Open market purchase 02/28/2024 16,000 $7.5344 Open market purchase 02/29/2024 21,000 $7.6752 Open market purchase 03/01/2024 22,000 $7.6672 Open market purchase 03/04/2024 10,000 $7.6608 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: March 4, 2024 FUND 1 INVESTMENTS, LLC By: /s/ Benjamin C. Cable Benjamin C. Cable Chief Operating Officer