Pinstripes Holdings

Closed (deSPAC)

Profile in progress

What it is: Inc
What it’s doing now: Merging with Banyan Acquisition Corp (BYN) — closed (despac).
What you should know: The deal carries a $75M minimum-cash condition — heavy redemptions can break it.

The business, per its filings

SEC primary

Inc. Born in the Midwest, Pinstripes’ best-in-class venues offer a combination of made-from-scratch dining, bowling and bocce and flexible private event space. From its full-service Italian-American food and beverage menu to its gaming array of bowling and bocce, Pinstripes offers multi-generational activities seven days a week. Its elegant and spacious 25,000 – 38,000 square foot venues can accommodate groups of 20 to 1,500 people for private events, parties, and celebrations. For more information on Pinstripes, please visit www.pinstripes.com.

What the company says about itself

Web research — not audited

Pinstripes is a dining and entertainment venue combining chef-driven dining with bowling and bocce. It positions itself as a 'neighborhood clubhouse' for gatherings, celebrations, and casual outings, offering bistro menus, bowling, private events, and weekly promotions across multiple U.S. locations.

Markets:: Dining and entertainment | Bowling and bocce | Private events
Products:: Bistro dining | Bowling | Bocce | Private events | Summer Passes | Kids Club | Happy Hour

What our web check found

[WEB-INTEL 2026-08-26] 11 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Pinstripes has raised more than $70 million in gross proceeds." [https://www.businesswire.com/news/home/20231229733791/en/Pinstripes-Completes-Business-Combination-with-Banyan-Acquisition-Corporation-and-Will-Begin-Trading-on-New-York-Stock-Exchange] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The combined companies worth $520 million." [https://www.restaurantdive.com/news/Pinstripes-plans-to-go-public-with-spac-Banyan-Acquisition-corp/653758/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Restaurant chain Pinstripes to go public via $520 million SPAC deal" [https://www.reuters.com/markets/deals/restaurant-chain-pinstripes-go-public-via-520-mln-spac-deal-2023-06-23/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "On December 29, 2023 (the “Closing Date”), the registrant consummated the previously announced business combination" [https://content.edgar-online.com/ExternalLink/EDGAR/0001104659-24-001803.html?hash=21b3c3efe1e045f9f2fc648f1028a335f0ed1dac3d14c543a5afdf671ef5bfd4&dest=tm241884d1_ex4-2_htm] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Approve Business Combination Scheduled for December 20, 2023" [https://www.businesswire.com/news/home/20231205902708/en/Pinstripes-and-Banyan-Acquisition-Corp.-Announce-Effectiveness-of-Form-S-4-Registration-Statement] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "In 2019, Pinstripes raised $25 million through this partnership model" [https://elevenflo.com/blog/pinstripes-holdings-chapter-11-bankruptcy] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Schwartz articulated growth targets of 23 venues by the ..." [https://elevenflo.com/blog/pinstripes-holdings-chapter-11-bankruptcy] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The company has modified its loan agreement as it chips away at its $192 million ..." [https://www.facebook.com/RestaurantNews/posts/pinstripes-pulls-in-more-funding-as-its-share-price-languishes-the-company-has-m/1478915314253194/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Pinstripes Holdings has raised $160M." [https://pitchbook.com/profiles/company/229621-24] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "On October 31, 2025, a bankruptcy court judge approved the sale of the company's assets to Punch Bowl Social in association with current investors and Silverview Capital Partners for an undisclosed amount." [https://en.wikipedia.org/wiki/Pinstripes_(restaurant)] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "that was finalized on November 21, 2025." [https://en.wikipedia.org/wiki/Pinstripes_(restaurant)]

Source: https://www.pinstripes.com/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Pinstripes Holdings is merging with Banyan Acquisition Corp (BYN) currently marked Closed (deSPAC).

Headline equity value	—
Minimum cash to close	$75M

Structure per SEC accession(s) 0001104659-23-099385. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is Pinstripes Holdings going public?

Pinstripes Holdings has an approved merger with the SPAC Banyan Acquisition Corp (BYN). Deal status: Closed (deSPAC).

Does Pinstripes Holdings have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.