BankruptBlank Check
What Happened to Pinstripes Holdings?
Return
0.0%
Current Price
$0
Peak Price
â
Trust Size
$163M
Summary
Pinstripes was an eatertainment concept combining bowling, bocce, and an Italian-American bistro menu at locations across the US. The company went public via SPAC merger with Banyan Acquisition Corp in 2024 at a $520 million valuation. Pinstripes filed for Chapter 11 bankruptcy in September 2025.
What Happened
Banyan Acquisition Corp merged with Pinstripes Holdings in 2024 at a $520 million SPAC valuation. The eatertainment chain was delisted and filed for Chapter 11 bankruptcy in September 2025, closing locations less than two years after going public. The case eventually converted to Chapter 7 liquidation, highlighting the gap between its SPAC valuation and reality.
Timeline
2021-12-02
S-1 Registration Filed