Jersey Mike's Subs filed its S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on July 2, formally launching the process to become a publicly traded company on the New York Stock Exchange under the ticker symbol “JMKE.”
The sandwich chain, which is backed by private equity firm Blackstone, is seeking a valuation of at least $12 billion and expects to raise more than $1 billion through the offering.