Black Rock Coffee Bar Brewing IPO Ambitions

Black Rock Coffee Bar is gearing up for a significant IPO, proposing to offer 14,705,882 shares of Class A common stock.

The company has set the expected share price range between $16.00 and $18.00, as disclosed in recent SEC filings.

Further bolstering the IPO's prospects, Wellington Management has indicated a potential investment of up to $30 million in these shares, marking a strong vote of confidence from the financial sector.

(With inputs from agencies.)