# EDGAR Filing Document

**Accession Number:** 0000909724
**File Stem:** 0001140361-23-001066
**Filing Date:** 2023-1
**Character Count:** 5832
**Document Hash:** e93e22d627b178d6f62a9744b9d5f425
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-23-001066.hdr.sgml**: 20230109

**ACCESSION NUMBER**: 0001140361-23-001066

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20230103

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**FILED AS OF DATE**: 20230109

**DATE AS OF CHANGE**: 20230109

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TANDY LEATHER FACTORY INC
- **CENTRAL INDEX KEY:** 0000909724
- **STANDARD INDUSTRIAL CLASSIFICATION:** LEATHER & LEATHER PRODUCTS [3100]
- **IRS NUMBER:** 752543540
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-12368
- **FILM NUMBER:** 23518833

**BUSINESS ADDRESS:**
- **STREET 1:** 1900 SE LOOP 820
- **CITY:** FT WORTH
- **STATE:** TX
- **ZIP:** 76140
- **BUSINESS PHONE:** 8178723200

**MAIL ADDRESS:**
- **STREET 1:** 1900 SE LOOP 820
- **CITY:** FT WORTH
- **STATE:** TX
- **ZIP:** 76140

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LEATHER FACTORY INC
- **DATE OF NAME CHANGE:** 19930723

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### 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:) <u> January 3, 2023 </u>

![graphic](image0.jpg)

<u> Tandy Leather Factory, Inc. </u> <br> (Exact Name of Registrant as Specified in Its Charter)

<u> Delaware </u> <br> (State or Other Jurisdiction of Incorporation

<u> 1-12368 </u> <u> 75-2543540 </u> <br> (Commission File Number) (IRS Employer Identification Number)

<u> 1900 Southeast Loop 820, Fort Worth, Texas </u> <u> 76140 </u> <br> (Address of Principal Executive Offices) (Zip Code)

<u> (817) 872-3200 </u> <br> (Registrant's Telephone Number, Including Area Code)

  <br> (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 (see General Instruction A.2. below):

☐ 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))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, par value $0.0024<br>| TLF<br>| The Nasdaq Stock Market<br>|

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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#### Item 1.01 Entry into a Material Definitive Agreement
On January 3, 2023, Tandy Leather Factory, Inc. (the "Company") entered into a Credit Agreement (the "Credit Agreement") with JPMorgan Chase Bank, N.A. (the "Bank"). Under the Credit Agreement, the Bank will provide the Company a credit facility of up to $5,000,000 on standard terms and conditions, including affirmative and negative covenants set forth in the Credit Agreement. As security for the credit facility, the Company has pledged as collateral to the Bank certain of its assets, including the Company's cash in deposit accounts, inventory and equipment.

The Company had no long-term debt and no active credit facilities prior to entering into the Credit Agreement. The Company has no current plan to draw on the credit facility but may borrow funds in the future for general corporate purposes, including seasonal inventory purchases or other working capital.

#### Forward Looking Statements
Certain statements contained in this report and other materials the Company files with the SEC, as well as information included in oral statements or other written statements made or to be made by the Company, other than statements of historical fact, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally are accompanied by words such as "may," "will," "could," "should," "anticipate," "believe," "budgeted," "expect," "intend," "plan," "project," "potential," "estimate," "continue," "outlook," "forecast" or "future," variations thereof or other similar statements. Please refer to the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021 for additional information concerning these and other uncertainties that could negatively impact the Company. The Company assumes no obligation to update or otherwise revise its forward-looking statements, except as required by law.

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#### SIGNATURES
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.

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| | | |
|:---|:---|:---|
|  | **TANDY LEATHER FACTORY, INC.** | **TANDY LEATHER FACTORY, INC.** |
| Date: January 9, 2023 | By: <br>| /s/ Janet Carr |
|  |  | Janet Carr, Chief Executive Officer |

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