Jersey Mike’s Begins IPO Road Show with Target Valuation of Up to Nearly $8 Billion
Jersey Mike's Subs has initiated its road show for an initial public offering (IPO), aiming to raise up to nearly $1.1 billion by selling Class A common stock at a price range between $21 and $25 per share. The IPO could value the company as high as $7.9 billion, potentially making it one of the largest restaurant industry offerings in two decades.
Tickers: $BX
Topics: IPO restaurant industry valuation