{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-129010","form_type":"8-K","ticker":null,"cik":"0001852633","company_name":"Pinstripes Holdings, Inc.","filed_at":"2023-12-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.064563+00:00","generated_at":"2026-06-07T07:34:31.906351+00:00","sec_items":["5.03","5.07","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Banyan stockholders approve extension to Jan 2025; ~1.3M shares redeemed at $10.70","bullets":["Charter amended to extend business combination deadline from Dec 24, 2023 to Jan 24, 2024, with monthly extensions up to Jan 24, 2025.","Redemption limitation removed to allow redemptions regardless of net tangible assets falling below $5M.","1,314,065 shares redeemed at ~$10.70 each, totaling ~$14.06M.","Sponsor deposited $53,692.44 ($0.02 per non-redeemed share) into trust account on Dec 22, 2023.","Extension and redemption limitation proposals passed with 10,178,189 votes for, 4,910 against."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-129010","json":"https://secwatch.observer/filing/0001104659-23-129010.json","markdown":"https://secwatch.observer/filing/0001104659-23-129010.md","text":"https://secwatch.observer/filing/0001104659-23-129010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1852633/000110465923129010/0001104659-23-129010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1852633/000110465923129010/tm2333604d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T07:34:31.906351+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4d3b6f0158de103b62b082d24dc0aa9b977c4dbc","claim":"Pinstripes Holdings, Inc.: Extended the termination date for business combination from December 24, 2023 to January 24, 2024 and allowed monthly extensions for up to thirteen additional months (effective 2023-12-21).","evidence_excerpt":"extend the date (the “ Termination Date ”) by which Banyan has to consummate a business combination from December 24, 2023 (the “ Original Termination Date ”) to January 24, 2024 (the “ Charter Extension Date ”) and to allow Banyan, without another stockholder vote, to elect to extend the Termination Date to consummate a business combination on a monthly basis for up to twelve times by an additional one month each time after the Charter Extension Date, by resolution of Banyan’s board of directors if requested by Banyan Acquisition Sponsor LLC, a Delaware limited liability company (the “ Sponsor ”) and upon five days’ advance notice prior to the applicable Termination Date, until January 24, 2025, or a total of up to thirteen months after the Original Termination Date, unless the closing of an initial business combination shall have occurred prior thereto","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1852633/000110465923129010/0001104659-23-129010-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-12-21"}],"fact_type":"governance_change"},{"claim_id":"d03da128818db97d612450e0711769970f2fff47","claim":"Pinstripes Holdings, Inc.: Eliminated the limitation that the company cannot redeem public stock if such redemption would result in net tangible assets less than $5,000,001 (effective 2023-12-21).","evidence_excerpt":"eliminate from the Certificate of Incorporation the limitation that Banyan may not redeem public stock to the extent that such redemption would result in Banyan having net tangible assets (as determined in accordance with Rule 3a51-1(g)(1) of the Securities Exchange Act of 1934, as amended), of less than $5,000,001 (the “ Redemption Limitation ”) in order to allow Banyan to redeem public stock, irrespective of whether such redemption would exceed the Redemption Limitation","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1852633/000110465923129010/0001104659-23-129010-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-12-21"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}