Banyan Acquisition Corporation

closedU=S+W/3W=S@11.50
BYNSEC EDGARCIK: 0001852633|Banyan Acquisition Sponsor LLC

Capital Structure & Economics

Trust Size$300,000,000
Unit Price$10.00
Warrant Coverage1/3
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

33% Warrant Inclusion
Public Trust Allocation$300,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedAug 6, 2021
SearchingTarget Pending
Maturation Wall
Oct 24, 2023

Announced Target / M&A

  • Target CompanyPinstripes, Inc.
  • Announced Deal Size$336,214,140

Board & Officers

  • Anthony QuerciagrossaCEO
  • George CourtotOfficer
  • Bruce LubinOfficer
  • Otis CarterOfficer
  • Kimberley Annette RimszaOfficer
  • Matt JaffeeOfficer
  • Brett BiggsOfficer
  • Jerry HymanOfficer
  • Keith JaffeeOfficer

Syndicate & Advisors

Interactive Deal Modeling

Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.

Dilution Cash Friction