Fund 1 Investments Amends Tilly's Stake Filing
Ticker: TLYS · Form: SC 13D/A · Filed: Mar 19, 2024 · CIK: 1524025
| Field | Detail |
|---|---|
| Company | Tilly'S, Inc. (TLYS) |
| Form Type | SC 13D/A |
| Filed Date | Mar 19, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $7.4903, $7.4251, $7.4605, $7.2500, $7.3290 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 13D-filing, amendment, ownership-change
Related Tickers: TLYS
TL;DR
Fund 1 updated their Tilly's filing on 3/15. Ownership details TBD.
AI Summary
Fund 1 Investments, LLC has amended its Schedule 13D filing regarding Tilly's, Inc. as of March 15, 2024. The filing indicates a change in beneficial ownership, though specific new holdings or percentage changes are not detailed in this excerpt. This amendment is part of an ongoing disclosure process for the fund's investment in the apparel retailer.
Why It Matters
This filing signals a potential shift in the ownership structure or strategy of Tilly's, Inc., which could impact its stock price and future business decisions.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's position, which can lead to increased stock volatility.
Key Players & Entities
- Fund 1 Investments, LLC (company) — Filing entity
- Tilly's, Inc. (company) — Subject company
- March 15, 2024 (date) — Date of event requiring filing
FAQ
What specific changes in beneficial ownership are detailed in this Amendment No. 9 to Schedule 13D?
This excerpt does not specify the exact changes in beneficial ownership, only that an amendment has been filed as of March 15, 2024.
Why is Fund 1 Investments, LLC filing an amendment to Schedule 13D for Tilly's, Inc.?
The filing is an amendment to Schedule 13D, indicating a change in beneficial ownership or other reportable event related to their stake in Tilly's, Inc.
What is the CUSIP number for Tilly's, Inc. Class A Common Stock?
The CUSIP number for Tilly's, Inc. Class A Common Stock is 886885102.
When was the event that requires this filing to be made?
The date of the event which requires filing of this statement is March 15, 2024.
What is the business address of Tilly's, Inc.?
The business address of Tilly's, Inc. is 10 Whatney, Irvine, CA 92618.
Filing Stats: 783 words · 3 min read · ~3 pages · Grade level 8.9 · Accepted 2024-03-19 17:19:33
Key Financial Figures
- $7.4903 — en market purchase 03/05/2024 30,000 $7.4903 Open market purchase 03/06/2024 6,00
- $7.4251 — pen market purchase 03/06/2024 6,000 $7.4251 Open market purchase 03/07/2024 2,50
- $7.4605 — pen market purchase 03/07/2024 2,500 $7.4605 Open market purchase 03/08/2024 57,5
- $7.2500 — en market purchase 03/08/2024 57,520 $7.2500 Open market purchase 03/08/2024 17,5
- $7.3290 — en market purchase 03/08/2024 17,500 $7.3290 Open market purchase 03/11/2024 27,5
- $7.2020 — en market purchase 03/11/2024 27,500 $7.2020 Open market purchase 03/12/2024 16,0
- $7.1590 — en market purchase 03/12/2024 16,000 $7.1590 Open market purchase 03/14/2024 23,8
- $7.1288 — en market purchase 03/14/2024 23,892 $7.1288 Open market purchase 03/15/2024 35,0
- $7.0088 — en market purchase 03/15/2024 35,000 $7.0088 Open market purchase 03/15/2024 10,0
- $6.9482 — en market purchase 03/15/2024 10,000 $6.9482 Open market purchase 03/15/2024 35,0
- $6.8657 — en market purchase 03/15/2024 35,000 $6.8657 Open market purchase 03/15/2024 25,0
- $6.8960 — en market purchase 03/15/2024 25,000 $6.8960 Open market purchase 03/18/2024 49,5
- $6.8365 — en market purchase 03/18/2024 49,500 $6.8365 SIGNATURE After reasonable inquiry an
Filing Documents
- sc13da.htm (SC 13D/A) — 30KB
- 0000929638-24-001054.txt ( ) — 32KB
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 03/05/2024 30,000 $7.4903 Open market purchase 03/06/2024 6,000 $7.4251 Open market purchase 03/07/2024 2,500 $7.4605 Open market purchase 03/08/2024 57,520 $7.2500 Open market purchase 03/08/2024 17,500 $7.3290 Open market purchase 03/11/2024 27,500 $7.2020 Open market purchase 03/12/2024 16,000 $7.1590 Open market purchase 03/14/2024 23,892 $7.1288 Open market purchase 03/15/2024 35,000 $7.0088 Open market purchase 03/15/2024 10,000 $6.9482 Open market purchase 03/15/2024 35,000 $6.8657 Open market purchase 03/15/2024 25,000 $6.8960 Open market purchase 03/18/2024 49,500 $6.8365 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 19, 2024 FUND 1 INVESTMENTS, LLC By: /s/ Benjamin C. Cable Benjamin C. Cable Chief Operating Officer