Chicago / Edinburgh
IPOX® Schuster LLC
Home / IPO Calendar
United States · NYSE

Jersey Mike's Subs

Jersey Mike’s Subs operates a fast-casual restaurant franchise network serving made-to-order submarine sandwiches.

Jersey Mike's Subs (Ticker: JMKE US) operates a fast-casual restaurant franchise network serving made-to-order submarine sandwiches. Founded in 1956 as Mike’s Subs in Point Pleasant, New Jersey, the company has grown to more than 3,300 locations across the United States and Canada. Approximately 32% of the offered shares are newly issued by the company, while existing shareholders are selling approximately 68%. Morgan Stanley is serving as stabilization agent.

The scheduled listing date on NYSE was July 30, 2026. The base offering would represent $0.91–1.09 billion in gross proceeds.

Morgan Stanley, J.P. Morgan and Jefferies are the global coordinators and joint bookrunning managers.

Prepared with IPOX® AI assistance. Information may contain errors.

Bloomberg: IPOX® Founder Josef Schuster Comments on Weak U.S. IPO Debuts and Rising Equity Risk

Bloomberg · July 31, 2026

Bloomberg: IPOX® Founder Josef Schuster Comments on Weak U.S. IPO Debuts and Rising Equity Risk

IPOX® CEO Josef Schuster was featured in Bloomberg's ECM Watch, discussing muted U.S. IPO debuts and rising equity risk. Following mixed first-day performances from Jersey Mike’s and Reformation, Schuster said elevated risk is pressuring the IPO market and making investors more selective. He added that prospective issuers may need greater flexibility on pricing expectations and fundraising targets. Bloomberg also cited the IPOX® 100 U.S. as a benchmark for recent large U.S. IPOs and spinoffs amid volatile market conditions.

Read article : Bloomberg: IPOX® Founder Josef Schuster Comments on Weak U.S. IPO Debuts and Rising Equity Risk
Reuters: IPOX® Associate Lukas Muehlbauer Comments on Jersey Mike’s NYSE Debut

Reuters · July 30, 2026

Reuters: IPOX® Associate Lukas Muehlbauer Comments on Jersey Mike’s NYSE Debut

IPOX® Associate Lukas Muehlbauer was quoted by Reuters on Jersey Mike’s NYSE debut, noting that raising roughly $1 billion showed investors remain willing to back large, established consumer brands. The sandwich chain’s shares opened 8.7% below their $23 IPO price, valuing the company at about $6.7 billion. Muehlbauer also cautioned against overinterpreting the first-day decline, citing broader market volatility as U.S. IPO activity continues to recover across technology, defense, industrial, consumer, and retail sectors this year after a prolonged slowdown.

Read article : Reuters: IPOX® Associate Lukas Muehlbauer Comments on Jersey Mike’s NYSE Debut
Reuters: IPOX® Associate Lukas Muehlbauer Comments on Jersey Mike’s IPO Filing and Restaurant Listing Trends

Reuters · July 2, 2026

Reuters: IPOX® Associate Lukas Muehlbauer Comments on Jersey Mike’s IPO Filing and Restaurant Listing Trends

IPOX® Associate Muehlbauer commented on Jersey Mike’s U.S. IPO filing in Reuters, noting the sandwich chain’s clear franchise-driven investment story, reported revenue growth, expansion plans and Blackstone backing. He also said the proposed listing could test investor appetite for restaurant IPOs, a category with mixed aftermarket performance. Reuters reported that Jersey Mike’s operates more than 3,300 locations across the U.S. and Canada and plans to list on the New York Stock Exchange under ticker JMKE as public markets reopen broadly.

Read article : Reuters: IPOX® Associate Lukas Muehlbauer Comments on Jersey Mike’s IPO Filing and Restaurant Listing Trends

Prepared with IPOX® AI assistance. Information may contain errors.

THE IPOX® NEWSLETTERS

Stay ahead of the next listing.

Research and insight from the global new listings market.

Explore our newsletters