Pinstripes Holdings, INC Schedule 13D activist filings

Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.

Oaktree Capital has significantly increased its control over Pinstripes Holdings, providing additional debt funding, acquiring more warrants, and entering a binding letter of intent for a recapitalization that would grant Oaktree 85% ownership and full board control, contingent on NYSE delisting.
Oaktree Value Equity Fund and its affiliates have disclosed a 7.2% beneficial ownership in Pinstripes Holdings, Inc., primarily through warrants tied to secured loans, and are engaging in discussions regarding the Issuer's 'current financial situation' and potential strategic alternatives.