other material
confidence high
sentiment neutral
materiality 0.35
Black Rock Coffee Bar obtains irrevocable proxy from four Class C shareholder trusts
Black Rock Coffee Bar, Inc.
- Proxy covers all Class A, B, and C shares held by Jacob V. Spellmeyer 2021 Trust, Juliet A. Spellmeyer 2021 Trust, Bryan D. Pereboom 2021 Trust, and Nicole R. Pereboom 2021 Trust.
- Company and CEO are authorized to vote the shares until the later of two years from March 18, 2026, or termination of the existing Voting Agreement dated September 11, 2025.
- The proxy is irrevocable under Texas law, coupled with an interest, and revokes any prior proxies granted by these shareholders.
- The trusts represent approximately how much of voting power? No specific percentage given in filing.