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Black Rock Coffee Bar raises $294.1M in IPO
Yahoo Finance·2025-09-13 04:07

You can find original article here Nrn. Subscribe to our free daily Nrn newsletter. Black Rock Coffee Bar Inc., the 158-unit Scottsdale, Ariz.-based drive-thru coffee chain, raised 294.1millioninitsU.S.initialpublicoffering.InitsfirstdayoftradingFridayontheNasdaqstockexchange,the1.3millionsharesclosedat294.1 million in its U.S. initial public offering. In its first day of trading Friday on the Nasdaq stock exchange, the 1.3 million shares closed at 27.53, about 38% above their opening price of $20 a share. As Black Rock Coffee prepared to go public, the company reported in Securities and Exchange Commission filings that i ...