# Jersey Mike's Heads to IPO | Spokane News

Page: https://stenobird.com/podcast/spokane-news-today-2-min-the-daily-news-now-7569664/jersey-mike-s-heads-to-ipo-spokane-news
Text version: https://stenobird.com/podcast/spokane-news-today-2-min-the-daily-news-now-7569664/jersey-mike-s-heads-to-ipo-spokane-news.md
Podcast: [Spokane News Today | 2 Min | The Daily News Now!](https://stenobird.com/podcast/spokane-news-today-2-min-the-daily-news-now-7569664)
Published: 2026-07-02T19:14:51+00:00
Episode link: https://api.fastcast.ai/audio/98cf2fc5-7239-447d-bf06-a098ac282248.mp3
Audio file: https://api.fastcast.ai/audio/98cf2fc5-7239-447d-bf06-a098ac282248.mp3
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Duration seconds: 90

## Resource

Jersey Mike’s, the iconic sub shop founded by 17-year-old Peter Cancro in 1975, is going public with a bold IPO aiming to raise over $1 billion and hit a $12 billion valuation — a massive leap for a sandwich chain that now boasts 3,300 locations across the U.S. and Canada. The move follows its $8 billion acquisition by Blackstone and comes as the IPO market surges back to life, with investors pouring over $100 billion into new public offerings this year. The sub giant will trade on the NYSE under the ticker “JMKE,” marking a historic climb from humble beginnings to Wall Street stardom. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/e23a5bf2c7692231

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