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Black Rock Coffee Bar Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares
Globenewswire· 2025-09-16 04:10
SCOTTSDALE, Ariz., Sept. 15, 2025 (GLOBE NEWSWIRE) -- Black Rock Coffee Bar, Inc. (Nasdaq: BRCB) (“Black Rock Coffee Bar”) today announced the closing of its initial public offering of 16,911,764 shares of its Class A common stock, which includes the exercise in full by the underwriters of their option to purchase 2,205,882 additional shares, at an initial public offering price of $20.00 per share. All of the shares were offered by Black Rock Coffee Bar. The aggregate gross proceeds from the offering, befor ...