The entertainment brand Pinstripes began trading publicly on January 2 on the New York Stock Exchange (NYSE) after closing a deal to combine with Banyan Acquisition Corporation, a special-purpose acquisition company. Katten advised Pinstripes in the transaction, which was approved by Banyan stockholders on December 27. The company, now named Pinstripes Holding, is trading under the ticker symbols PNST and PNST WS.
Pinstripes, which raised more than $70 million to support its growth, will ring the NYSE opening bell on January 19 to celebrate the milestone.
Leading the team advising Pinstripes was Capital Markets Partner Mark Wood, along with Capital Markets Partners Elizabeth McNichol, Vlad Bulkin and Jonathan Weiner, and Associates Michelle Mount and Michael Tremeski; Mergers and Acquisitions Partners Christopher Atkinson and Harold Davidson, and Associates Alex Haddad, Weston Love and Aaron Weiss; Transactional Tax Planning Partners Saul Rudo and Valentina Famparska, and Associates Jeffrey Ng and Drew Palmer; Employee Benefits and Executive Compensation Partners Mitchel Pahl, Shira Selengut, Counsel Lisa Christensen, and Associate David Mohl; Private Credit Partner Kirby Chin, Counsel Stacy Cundy and Associate Jesse Sanchez; Securities Litigation Partner Jonathan Rotenberg; Commercial Litigation Partners James Calder and Nancy Rich; and Intellectual Property Associate Cynthia Martens.
"Pinstripes begins trading publicly as it completes Banyan deal," Nation's Restaurant News, January 2, 2024
"Pinstripes Completes Business Combination with Banyan Acquisition Corporation and Will Begin Trading on New York Stock Exchange," Business Wire, December 29, 2023
