Brief: Pinstripes Announces Letter Of Intent For Strategic Recapitalization With Oaktree

Pinstripes Holdings

07/03/2025 15:12

March 7 (Reuters) - Pinstripes Holdings Inc PNST.PK:

PINSTRIPES ANNOUNCES LETTER OF INTENT FOR STRATEGIC RECAPITALIZATION WITH OAKTREE, PROVIDING THE COMPANY WITH ADDITIONAL CAPITAL TO FUND OPERATIONS AND GROWTH

PINSTRIPES HOLDINGS INC: CO RECEIVING $7.5 MILLION IN LOAN PROCEEDS FROM OAKTREE IN ADVANCE OF RECAPITALIZATION

PINSTRIPES HOLDINGS: UNDER LOI, OAKTREE TO BECOME MAJORITY EQUITY HOLDER OF CO & TO ELECT CO'S BOARD OF DIRECTORS

Source text: ID:nBw9xNkh6a

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