Jersey Mike's IPO priced at $23 per share on July 29, 2026, raising approximately $1 billion in the largest US consumer listing of the year — but JMKE shareholders will hold virtually no governance power, as Blackstone retains majority voting control and the controlled company exemption allows it to bypass independent board oversight of executive pay and director selection.
Jersey Mike's Goes Public at $23, but Blackstone Keeps Control of Your Vote
