#直通IPO第二期JerseyMikes Gate exchange’s “IPO direct access” second-phase project Jersey Mike's (stock code: JMKE) opened for intent subscription on July 27, 2026. Following SpaceX, Gate is again opening a U.S. stock IPO subscription channel to ordinary users.

⏰ Key timing and thresholds

· Subscription period: July 27, 2026 10:00 to July 29, 2026 10:00 (UTC+8). The earlier you subscribe, the higher the allocation weight.
· Reference price: $21–$25 per share.
· Minimum investment: 100 USDT or 100 GUSD, maximum 500,000; no additional fees.

📝 Key rules at a glance

· About “intent subscription”: this does not mean you will definitely receive an allocation. The final result depends on the platform’s actual allocated quota and your subscription proportion. If the platform does not receive an allocation, USDT subscription funds can receive a 3.8% annualized interest incentive (GUSD subscriptions already earn 3.8% annualized during the subscription period).
· Shares and unlocking: Shares successfully allocated are expected to be distributed to your Gate stock account on July 30, with no lock-up period; 100% will be unlocked, and you can trade immediately after listing.
· Dual-currency pools: The USDT and GUSD subscription pools each account for 50%. Subscription funds are used to calculate allocation ratios based on the average locked amount each hour.

🏢 Project fundamentals

Jersey Mike's is a submarine sandwich chain brand with more than 3,300 locations, controlled by Blackstone. This IPO is underwritten by investment banks such as Morgan Stanley, and is expected to list on Nasdaq on July 30.

Risk notice: Note that Blackstone is expected to retain about 76.5% of voting power after the IPO, so public shareholders have limited influence on company decision-making.