J

Jersey Mike's Subs

JMKERecent IPO

Jersey Mike's Subs Inc. · NYSE · Fast-casual restaurants · Report filing 2026/07/31 · SEC checked 2026-10-07

SEC
DAILY SEC UPDATE424B4 analysed from the latest filing

Jersey Mike’s priced its IPO at $23.00 per share for 43,478,261 shares under ticker JMKE.

One-minute decisionBASIC RESEARCHSource completeness · 84%

Newly listed — review valuation, deal quality and post-IPO supply before acting

Jersey Mike's Subs Inc. began trading on 2026-07-30 at an IPO price of $23.00; the final prospectus and offer terms are linked to SEC EDGAR.

Where does the money go?—No estimate is substituted for missing offer terms.
Ownership and votingExisting holders~86.3%* economic · Not separately disclosed voting
Next disclosed checkpointFirst post-IPO filing and lock-up scheduleMonitor closing, option exercise, earnings and resale eligibility

Capital destination

—

No estimate is substituted for missing offer terms.

Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.

Check the source · 424B4 ↗
Next checkFirst post-IPO filing and lock-up scheduleMonitor closing, option exercise, earnings and resale eligibility

Capital destination

—

No estimate is substituted for missing offer terms.

Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.

Check the source · 424B4 ↗
BOOKRUNNERS / LEAD UNDERWRITERSUnderwriting syndicate
CONFIRMED
  1. 1Morgan Stanley & Co. LLC15.40%6,694,493 shares
  2. 2Jefferies LLC15.40%6,694,493 shares
  3. 3J.P. Morgan Securities LLC15.40%6,694,493 shares
View all 34 institutions
  1. 4Blackstone Securities Partners L.P.12.50%5,434,782 shares
  2. 5Barclays Capital Inc.7.36%3,200,000 shares
  3. 6Guggenheim Securities, LLC7.36%3,200,000 shares
  4. 7BofA Securities, Inc.4.00%1,740,000 shares
  5. 8Goldman Sachs & Co. LLC4.00%1,740,000 shares
  6. 9Evercore Group L.L.C.2.30%1,000,000 shares
  7. 10UBS Securities LLC2.30%1,000,000 shares
  8. 11Robert W. Baird & Co. Incorporated1.84%800,000 shares
  9. 12Wells Fargo Securities, LLC1.10%480,000 shares
  10. 13William Blair & Company, L.L.C.1.10%480,000 shares
  11. 14RBC Capital Markets, LLC0.92%400,000 shares
  12. 15Deutsche Bank Securities Inc.0.78%340,000 shares
  13. 16Piper Sandler & Co.0.78%340,000 shares
  14. 17Raymond James & Associates, Inc.0.78%340,000 shares
  15. 18Stifel, Nicolaus & Company, Incorporated0.78%340,000 shares
  16. 19TD Securities (USA) LLC0.78%340,000 shares
  17. 20Nomura Securities International, Inc.0.74%323,000 shares
  18. 21BTIG, LLC0.60%260,000 shares
  19. 22Mizuho Securities USA LLC0.60%260,000 shares
  20. 23SG Americas Securities, LLC0.60%260,000 shares
  21. 24Truist Securities, Inc.0.60%260,000 shares
  22. 25PJT Partners LP0.46%200,000 shares
  23. 26Rabo Securities USA, Inc.0.46%200,000 shares
  24. 27Loop Capital Markets LLC0.28%120,000 shares
  25. 28Tigress Financial Partners LLC0.28%120,000 shares
  26. 29Academy Securities, Inc.0.09%40,000 shares
  27. 30Drexel Hamilton, LLC0.09%40,000 shares
  28. 31Penserra Securities LLC0.09%40,000 shares
  29. 32Roberts & Ryan, Inc.0.09%40,000 shares
  30. 33Telsey Advisory Group LLC0.09%40,000 shares
  31. 34WR Securities, LLC0.04%17,000 shares
The complete final-prospectus syndicate and each disclosed purchase commitment are shown below.Allocation basis: Final base underwriting commitment: 43,478,261 shares. Percentages are calculated from the final prospectus table and rounded to two decimals. This is underwriting commitment, not fees or post-listing ownership.Source · 424B4 ↗

Fully diluted valuation bridge

StatusReference
Awaiting verificationSource ↗

Basic-price scenario

A verified single offer price and basic post-offer share count are required. This is a data gap, not a paid lock.

Check the source · 424B4 ↗

Existing holders

~86.3%*

The estimate compares offered shares with the latest reported shares outstanding and is not a voting-control conclusion.

Latest available filing · 2026/07/31

Review the beneficial-ownership table and voting rights together

One disclosed holder; not a complete ownership distribution.Check the source · 424B4 ↗

Conditional lock-up timeline

Conditional lock-up timeline

Eligibility is not a sale. Release conditions, holder groups and exceptions remain separate.

Calendar dates from 2026-07-30

  1. First trading day43.478M IPO shares
Holder / event
Holder / eventTerm / dateConditions
First trading day2026-07-30 ~13.7%* · 43.478M IPO shares43.478M IPO shares
Basis and evidence
First trading day

First trading day · 43.478M IPO shares

Lock-up / shares eligible for future sale ↗

Financial quality and runway

StatusReference
Awaiting verificationSource ↗

Latest filing update

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Risk 1

Post-listing valuation may move rapidly before a stable public-market earnings record is established.

Potential impact
High
Monitor
First post-IPO filing and lock-up schedule
Document424B4✓ Verified against the SEC source · SEC source document
Filed2026/07/311 public filings identified
Research updated2026/07/31SEC EDGAR
Evidence coverage84%Final prospectus, offer price, listing date and headline financial evidence reconciled
Open filing ↗

What remains missing16% of the evidence set remains unresolved. This may affect unconfirmed pricing, valuation, dilution or supply conclusions; no missing term is estimated.

View the filing's actual first page
Jersey Mike's Subs Inc. 424B4 first page
424B4 first pageFirst page from SEC EDGAR