Jersey Mike’s Subs (Ticker: JMKE US) is a US-based fast-casual restaurant franchisor operating more than 3,300 locations across the United States and Canada. Founded in 1956 as Mike’s Subs in Point Pleasant, New Jersey, the company’s franchise network primarily serves made-to-order submarine sandwiches.

Jersey Mike’s plans to list on the New York Stock Exchange on July 30, 2026, following pricing on July 29. The IPO comprises 43,478,261 shares at an indicated price range of $21.00 to $25.00 per share, representing an offer size of approximately $913 million to $1.09 billion, or approximately $1 billion at the midpoint.

Approximately 32% of the shares in the offering are primary shares issued by the company, with the remaining 68% consisting of secondary shares sold by existing shareholders. Morgan Stanley, J.P. Morgan and Jefferies are acting as global coordinators and joint bookrunning managers. Morgan Stanley is also serving as stabilization agent.