NYSE to Commence Delisting Proceedings with Respect to Warrants of Pinstripes Holdings, Inc. (PNST WS)
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The NYSE has announced the commencement of delisting proceedings for the redeemable warrants of Pinstripes Holdings, Inc. (PNST WS). Trading in these warrants will be suspended immediately.
December 17, 2024 | 9:30 pm
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NEGATIVE IMPACT
The NYSE is delisting the redeemable warrants of Pinstripes Holdings, Inc., with trading suspended immediately.
The delisting of the warrants indicates a negative regulatory action, which is likely to impact the perception of the company's financial health and governance, leading to a potential decrease in the value of the warrants.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100