Just saw that Gate’s IPO subscription for the second round is out—this time the target is American fast-casual sandwich chain giant Jersey Mike’s (JMKE).

Many people may have heard of the brand. It traces back to 1956 and is a wildly popular submarine sandwich chain across North America. It has operations across the US and Canada with more than 3,300 stores, backed by Blackstone. Its expansion in recent years has been very impressive, and is it one of the most talked-about restaurant IPOs in the US stock market recently?
If you want to participate, here are a few key points I’ve briefly compiled for this intended subscription:
Subscription window: 10:00 on July 27 to 10:00 on July 29 (UTC+8)
Indicative range: $21–$25 per share (final IPO pricing will apply)
Supported currencies: USDT, GUSD via two channels, with each funding pool taking 50% of the quota
No extra subscription fees; after a successful allocation, there is no lock-up period, so funds are more flexible.
One last reminder: intended subscription does not guarantee you’ll be fully allocated. The final allocation depends on overall subscription demand—please participate rationally based on your own position size!