Black Rock Coffee Bar (BRCB.US) IPO priced at $20 per share, higher than the guidance range, will debut on the Nasdaq tonight.

Zhijie Finance APP learned that the coffee chain Black Rock Coffee Bar (BRCB.US) announced on Thursday that it has raised $294.1 million in its initial public offering (IPO) in the United States. The company, headquartered in Scottsdale, Arizona, issued approximately 14.7 million shares of stock at a price of $20 per share, which is higher than the previously guided price range of $16 to $18. The IPO values Black Rock Coffee Bar at $956.3 million.