Pinstripes Announces Letter of Intent for Strategic Recapitalization with Oaktree, Providing the Company with Additional Capital to Fund Operations and Growth
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Pinstripes Holdings, Inc. has announced a strategic recapitalization with Oaktree Capital Management, providing additional capital to fund operations and growth. This move is expected to strengthen Pinstripes' financial position.
March 07, 2025 | 3:30 pm
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Pinstripes Holdings has entered into a strategic recapitalization agreement with Oaktree Capital Management, which will provide additional capital to support its operations and growth. This move is likely to enhance the company's financial stability and growth prospects.
The recapitalization agreement with Oaktree Capital provides Pinstripes with additional capital, which is crucial for its operations and growth. This is a positive development for the company, likely to improve its financial health and support expansion plans.
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