Black Rock Coffee Bar initiates IPO process with SEC filing

US-based Black Rock Coffee Bar has filed a registration statement on Form S-1 with the US Securities and Exchange Commission (SEC) for a potential initial public offering (IPO) of its Class A common stock.

The number of shares to be offered and their pricing details have not yet been established.

The completion of the proposed offering is contingent upon market conditions, and there is uncertainty surrounding the timing and terms of the offering.

Black Rock Coffee Bar plans to list its Class A common stock on the Nasdaq Global Market under the BRCB ticker symbol.

JP Morgan, Morgan Stanley, and Jefferies and Baird will serve as lead book-running managers for the offering.

Stifel and William Blair will act as additional book-running managers, while Raymond James will take on the role of lead manager.

Although the registration statement has been submitted to the SEC, it has not yet been approved, meaning that the securities cannot be sold or offered for purchase until the registration becomes effective.

Reuters has reported that Black Rock Coffee Bar’s revenue increase exceeded 24% for the first half of 2025, as it looks to enter the IPO market. Previous reports suggested that the valuation of the coffee chain could exceed $1bn.

Established in 2008 by Jeff Hernandez and Daniel Brand, Black Rock Coffee Bar has remained founder-owned, enabling greater operational control and reduced ownership dilution.

As of 30 June 2025, Black Rock Coffee Bar operated 158 locations across seven US states.

"Black Rock Coffee Bar initiates IPO process with SEC filing" was originally created and published by Verdict Food Service, a GlobalData owned brand.

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