Coffee chain Black Rock Coffee Bar raises $294M in U.S. IPO

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Mug on plate filled with coffee surrounded by coffee beans

Black Rock Coffee Bar priced its IPO at $20.00 per share for about 14.7 million shares, raising approximately $294 million.

Before pricing, Black Rock Coffee Bar had marketed the IPO at $16–$18 per share.

Shares are expected to begin trading

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