---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-001119"
form_type: "8-K"
ticker: "TLYS"
cik: "0001524025"
company_name: "TILLY'S, INC."
filed_at: "2022-01-21T23:59:59+00:00"
generated_at: "2026-06-27T16:29:38.332461+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Tilly's subsidiary enters new $25M revolving credit facility with Wells Fargo

## Summary
- WOJT, Tilly's wholly-owned subsidiary, entered a $25M revolving credit facility with Wells Fargo, maturing Jan 20, 2024.
- Prior $65M credit agreement terminated; no borrowings outstanding at closing.
- Interest rate: Daily Simple SOFR plus 0.75%; no commitment fee on unused portion.
- Early termination fee of $200,000 plus 0.50% of max principal if refinanced before Nov 9, 2022.
- Facility secured by all WOJT assets and guaranteed by Tilly's Inc., with pledge of WOJT equity.

## SEC filing metadata
- accession: 0001628280-22-001119
- form_type: 8-K
- ticker: TLYS
- cik: 0001524025
- company_name: TILLY'S, INC.
- filed_at: 2022-01-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1524025/000162828022001119/0001628280-22-001119-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1524025/000162828022001119/tlys-20220120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-001119
- JSON: https://secwatch.observer/filing/0001628280-22-001119.json
- Plain text: https://secwatch.observer/filing/0001628280-22-001119.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.