secwatch.observer — SEC 8-K summary
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Issuer:     Pinstripes Holdings, Inc. (—)
CIK:        0001852633
Form:       8-K
Filed at:   2023-12-26T23:59:59+00:00
Accession:  0001104659-23-129010
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Banyan stockholders approve extension to Jan 2025; ~1.3M shares redeemed at $10.70
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852633/000110465923129010/0001104659-23-129010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852633/000110465923129010/tm2333604d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-129010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer