1. Black Rock Coffee Bar announced its IPO of 14.7 million shares. 2. IPO price expected between $16.00 and $18.00 per share. 3. Company plans to list under the ticker symbol 'BRCB'. 4. Leading banks are managing the IPO process for BRCB. 5. Black Rock Coffee Bar is a rapidly growing coffee retailer.
The IPO launch indicates positive market reception and growth potential, similar to other successful IPOs like Starbucks, which saw significant stock appreciation post-listing.
The IPO and emerging market presence position BRCB for growth, attracting investor interest amid consumer demand.
Initial market activity and investor interest will be focused within the first few weeks of the IPO.
SCOTTSDALE, Ariz., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Black Rock Coffee Bar, Inc. ("Black Rock Coffee Bar") today announced the launch of the initial public offering of 14,705,882 shares of its Class A common stock. The initial public offering price is currently expected to be between $16.00 and $18.00 per share. Black Rock Coffee Bar expects to grant the underwriters a 30-day option to purchase up to an additional 2,205,882 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions.
Black Rock Coffee Bar has applied to list its Class A common stock on the Nasdaq Global Market under the ticker symbol "BRCB."
J.P. Morgan, Jefferies, Morgan Stanley and Baird are acting as lead book-running managers for the proposed offering. Stifel and William Blair are acting as additional book-running managers and Raymond James is acting as lead manager for the proposed offering.
The proposed offering will be made available only by means of a prospectus. Copies of the preliminary prospectus may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by email: prospectus-eq_fi@jpmchase.com; Jefferies LLC by mail at Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by telephone at (877) 821-7388, or by email at prospectus_department@jefferies.com; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; or Robert W. Baird & Co. Incorporated., 777 East Wisconsin Avenue, Milwaukee, Wisconsin 53202, Attn: Syndicate Department, by telephone at (800) 792-2473, or by email at syndicate@rwbaird.com.
A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Black Rock Coffee Bar
Black Rock Coffee Bar is a high-growth operator of guest-centric, drive-thru coffee bars offering premium caffeinated beverages and an elevated in-store experience crafted by our engaging baristas. Black Rock Coffee Bar was founded in 2008 in Beaverton, Oregon. What started as a single 160 square foot coffee bar in 2008 is now one of the fastest growing beverage companies in the United States by revenue and the largest fully company-owned coffee retailer in the country, with more than 150 locations spanning seven states from the Pacific Northwest to Texas.
Black Rock Coffee Bar:
Will MacIntosh
investors@br.coffee
(541) 208-1860
