Black Rock Coffee Bar Raises $294 Million in Nasdaq Debut, Valued at $1.27 Billion

Sep 12, 2025

Black Rock Coffee Bar raised $294 million in its initial public offering (IPO) in the United States. The company priced 14,705,882 shares of its Class A common stock at $20.00 per share.

In its first day of trading on Nasdaq, shares opened at $26.50 and rose 32.5%, resulting in a market valuation of $1.27 billion for the cafe chain.

Black Rock Coffee Bar also granted underwriters a 30-day option to purchase up to an additional 2,205,882 shares at the IPO price, minus underwriting discounts and commissions.

This IPO comes during a week of strong activity in the public markets, with several tech companies also making their debuts.

What does it mean for Black Rock Coffee Bar to go public?

Going public means the company is offering its shares for sale to the general public through a stock exchange, allowing investors to buy and sell its shares.

How much money did Black Rock Coffee Bar raise in its IPO?

The company raised $294 million by selling shares at $20 each.

How was the stock received on its first day?

The stock opened above its IPO price and rose by 32.5% on its first day of trading.

What is the company's market value after the IPO?

After its first day of trading, Black Rock Coffee Bar was valued at $1.27 billion.

Sources
Cafe chain Black Rock Coffee Bar raises $294 million in US IPO
Reuters
Black Rock Coffee Bar has raised $294 million in its U.S. initial public offering, the cafe chain said on Thursday.
Black Rock Coffee Bar Announces Pricing of Initial Public Offering
GlobeNewsWire
SCOTTSDALE, Ariz., Sept. 11, 2025 (GLOBE NEWSWIRE) -- Black Rock Coffee Bar, Inc. (“Black Rock Coffee Bar”) today announced the pricing of the initial public offering of 14,705,882 shares of its Class A common stock at a price to the public of $20.00 per share. Black Rock Coffee Bar has granted the...
Black Rock Coffee Bar valued at $1.27 billion as shares jump in Nasdaq debut
Reuters
Shares of Black Rock Coffee Bar rose 32.5% in their Nasdaq debut on Friday, valuing the cafe chain at $1.27 billion.
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