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
- 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
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Jan 21, 2022
- Deal announcement (8-K) Jun 23, 2023
- Press release
- All filings on EDGAR CIK 1852633
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