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Black Rock Coffee Bar Announces Pricing of Initial Public Offering
Globenewswireยท2025-09-12 00:48

Group 1 - Black Rock Coffee Bar, Inc. has priced its initial public offering (IPO) at $20.00 per share for 14,705,882 shares of Class A common stock, with an option for underwriters to purchase an additional 2,205,882 shares [1] - The shares are expected to begin trading on the Nasdaq Global Market under the ticker symbol "BRCB" on September 12, 2025, with the offering closing on September 15, 2025 [2] - The registration statement for the offering was declared effective by the Securities and Exchange Commission on September 11, 2025, and the offering is available only through a prospectus [3] Group 2 - Black Rock Coffee Bar is a high-growth operator of drive-thru coffee bars, offering premium beverages and an enhanced in-store experience, founded in 2008 in Beaverton, Oregon [5] - The company has grown from a single 160 square foot coffee bar to over 150 locations across seven states, making it one of the fastest-growing beverage companies in the U.S. by revenue and the largest fully company-owned coffee retailer in the country [5]