Ticker Launch
Sign inGet notified

SPAC · Merger completed

Banyan Acquisition Corp

Business combination with Pinstripes, Inc.

Banyan Acquisition Corp is a blank-check company (SPAC) that raised $210M in its initial public offering on Jan 21, 2022, listing on New York Stock Exchange. It completed its business combination with Pinstripes, Inc. on Dec 29, 2023; the combined company is Pinstripes Holdings, Inc. (PNST). BTIG led the IPO. Katten Muchin Rosenman advised the SPAC and Ellenoff Grossman & Schole advised the underwriters on the IPO.

Pinstripes, Inc. operates venues combining made-from-scratch Italian-American dining with bowling and bocce and flexible private event space. Its 25,000 to 38,000 square foot venues host groups of 20 to 1,500 people, seven days a week.

Status
Merger completed
IPO date
Jan 21, 2022
IPO size
$210M
IPO exchange
New York Stock Exchange
Target
Pinstripes, Inc.
Announced
Jun 23, 2023
Stated deal value
$520M
Closed
Dec 29, 2023
Combined company
Pinstripes Holdings, Inc. (PNST)
IPO underwriters
BTIG
SPAC counsel (IPO)
Katten Muchin Rosenman
Underwriters' counsel (IPO)
Ellenoff Grossman & Schole

More on this SPAC for subscribers

Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.

Get notified at launchOpen in Ticker Launch

Then $99/month or $999/year. Cancel anytime.

Filings

Other deSPACs that closed in 2023