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CAFE CHAIN BLACK ROCK COFFEE BAR RAISES $294 MILLION IN US IPO

  • NEWS Desk Global
  • Sep 12
  • 1 min read

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Black Rock Coffee Bar has raised $294.1 million in its U.S. initial public offering, the cafe chain said on Thursday, setting the stage for a closely-watched consumer listing in the aftermath of the tariff turmoil.

The Scottsdale, Arizona-based company sold about 14.7 million shares at $20, compared with its marketed range of $16 to $18 apiece. The IPO valued it at $956.3 million.

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