Black Rock Coffee Bar, INC. (BRCB) — SEC Filings

Overview

Black Rock Coffee Bar, INC. (BRCB) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Nov 12, 2025: Black Rock Coffee Bar, Inc. (BRCB) reported a significant increase in cash and cash equivalents to $32.6 million as of September 30, 2025, up from $10.2 million at December 31, 2024. This surge in liquidity is primarily attributed to the net proceeds of approximately $314.6 million from its Initial

Sentiment Summary

Across 5 filings, the sentiment breakdown is: 1 bullish, 2 neutral, 2 mixed. The dominant filing sentiment for Black Rock Coffee Bar, INC. is neutral.

Filing Type Overview

Black Rock Coffee Bar, INC. (BRCB) has filed 1 10-Q, 1 8-K, 2 S-1/A, 1 S-1 with the SEC between Aug 2025 to Nov 2025.

Recent Filings (5)

• Black Rock Coffee Bar Fuels Growth with $314.6M IPO, Refinances Debt — 10-Q · Nov 12, 2025 Risk: medium
  Black Rock Coffee Bar, Inc. (BRCB) reported a significant increase in cash and cash equivalents to $32.6 million as of September 30, 2025, up from $10.2 million
• Black Rock Coffee Bar Reports Material Agreements & Equity Sales — 8-K · Sep 16, 2025 Risk: medium
  Black Rock Coffee Bar, Inc. filed an 8-K on September 16, 2025, reporting on events that occurred on September 11, 2025. The filing indicates the entry into and
• Black Rock Coffee Bar Targets $16-$18 IPO, Co-Founders Retain Control — S-1/A · Sep 9, 2025 Risk: high
  Black Rock Coffee Bar, Inc. (BRCB) is launching its initial public offering of 14,705,882 shares of Class A common stock, with an anticipated price range of $16
• Black Rock Coffee Bar Targets $16-$18 IPO, Co-Founders Retain Control — S-1/A · Sep 2, 2025 Risk: high
  Black Rock Coffee Bar, Inc. (BRCB) filed an S-1/A on September 2, 2025, for its initial public offering of 14,705,882 shares of Class A common stock, with an an
• Black Rock Coffee Bar Files for IPO — S-1 · Aug 18, 2025 Risk: medium
  Black Rock Coffee Bar, Inc. filed an S-1 registration statement on August 18, 2025, indicating plans for an initial public offering. The company, incorporated i

Risk Profile

Risk Assessment: Of BRCB's 5 recent filings, 2 were flagged as high-risk, 3 as medium-risk, and 0 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.

Financial Highlights

Key financial metrics from Black Rock Coffee Bar, INC.'s most recent 10-Q filing (Nov 12, 2025):

• Debt-to-Equity: 2.22
• Cash Position: $32.6M
• Total Assets: $323.2M
• Total Debt: $188.9M

Key Executives

• Daniel Brand
• Jeff Hernandez
• Jake Spellmeyer
• Bryan Pereboom
• Richard Federico
• Sarah Goldsmith-Grover
• Mark Davis
• Sam Seiberling

Industry Context

The coffee shop industry is highly competitive, characterized by both large national chains and numerous independent operators. Key trends include a growing consumer demand for specialty coffee, unique cafe experiences, and convenient ordering options. Companies are increasingly focused on supply chain sustainability and ethical sourcing.

Top Tags

IPO (3) · Up-C Structure (2) · Controlled Company (2) · Specialty Coffee (2) · Emerging Growth Company (2) · Coffee Industry (1) · Refinancing (1) · Growth Strategy (1) · Public Company (1) · Liquidity (1)

Key Numbers

• Cash and cash equivalents: $32.6M — Increased from $10.2 million at December 31, 2024, due to IPO proceeds.
• Net proceeds from IPO: $314.6M — Generated from the sale of 16,911,764 shares of Class A common stock at $20.00 per share.
• IPO price per share: $20.00 — Price at which Class A common stock was offered to the public.
• Prior Credit Facility repayment: $113.2M — Amount of outstanding borrowings repaid as part of the Refinancing.
• New Term Loan: $50.0M — Part of the New Credit Facilities entered into on September 15, 2025.
• New Revolving Credit Facility: $25.0M — Part of the New Credit Facilities entered into on September 15, 2025.
• Class A common stock outstanding: 17,478,452 — Shares outstanding as of November 10, 2025, post-IPO.
• Class B common stock outstanding: 10,377,136 — Shares outstanding as of November 10, 2025, issued to Continuing Equity Owners.
• Class C common stock outstanding: 22,200,219 — Shares outstanding as of November 10, 2025, issued to Co-Founders and affiliates.
• Offering expenses: $8.0M — Paid by Black Rock OpCo in connection with the IPO.
• Shares of Class A common stock offered: 14,705,882 — Represents the total number of shares being sold in the initial public offering.
• Anticipated initial public offering price range per share: $16.00-$18.00 — Indicates the expected valuation for the Class A common stock.
• Economic interest of Class A common stockholders in Black Rock Coffee Bar, Inc. post-IPO: 32.3% — Highlights the initial economic ownership for new public investors.
• Combined voting power of Class A common stockholders post-IPO: 7.4% — Demonstrates the limited voting influence of new public investors.
• Combined voting power beneficially owned by Co-Founders post-IPO: 85.8% — Signifies the substantial control retained by the Co-Founders, leading to 'controlled company' status.

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Frequently Asked Questions