Jersey Mike's Subs completes IPO of 43.5M shares at $21.85; uses $301M proceeds to repay debt

Jersey Mike's Subs Inc.

IPO of 43,478,261 shares of Class A common stock at $21.85 per share (net of underwriting discounts) completed on July 31, 2026.
Company used ~$301M from issuance of 13.8M shares to purchase Common Units from HoldCo, which will repay a portion of Series 2026-1 Notes (4.952% and 5.481% fixed rate senior secured notes).
Appointed Matthew Bromberg as Class I director with $125,000 annual cash retainer and $125,000 RSU award.
Adopted 2026 Omnibus Incentive Plan and Employee Stock Purchase Plan.
Amended and restated certificate of incorporation and bylaws effective July 29, 2026.

item 1.01 item 3.03 item 5.03 item 5.02 item 8.01 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.