Press release
Investigation announced for Investors who lost money with shares of Pinstripes Holdings Inc. (NYSE: PNST) over possible Violations of Securities Laws
An investigation for investors in Pinstripes Holdings Inc. (NYSE: PNST) shares over potential securities laws violations.
Investors who purchased shares of Pinstripes Holdings Inc. (NYSE: PNST), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Pinstripes Holdings Inc. (NYSE: PNST) concerning whether a series of statements by Pinstripes Holdings Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On January 19, 2022, Banyan Acquisition Corporation (NYSE: BYN) held its initial public offering (IPO) at $10.00 per share and raised $210 million.
On June 23, 2023, Banyan announced it was engaging in a $520 million de-SPAC transaction with Pinstripes, Inc. The transaction closed on December 29, 2023 and the combined company was renamed Pinstripes Holdings, Inc. (NYSE: PNST).
Shares of Pinstripes Holdings Inc. (NYSE: PNST) declined to as low as $2.71 per share on April 22, 2024.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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