Pinstripes Holdings Inc. has announced a delay in filing its Form 10-K for the financial period ended April 27, 2025. The company cited an inability to complete its financial statements in a timely manner due to a lack of financial resources. This delay was further complicated by ongoing efforts to explore potential alternative transactions, including a possible sale or refinancing. The company had previously entered into a letter of intent with Oaktree Capital Management, L.P. for a proposed recapitalization transaction.
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