Gate directly launches the second phase of IPO for Jersey Mike’s (JMKE), supporting dual currency intention subscription for USDT/GUSD.

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The globally leading digital asset trading platform Gate has announced that IPO Access will open the second phase project Jersey Mike’s (JMKE) intention subscription. Users can participate in the public offering subscription using USDT or GUSD, with the opportunity to obtain corresponding stock shares and directly enter the stock trading market after listing.

This phase's Jersey Mike’s (JMKE) intention subscription will begin on July 27, 2026, at 10:00 (UTC+8) and will end on July 29, 2026, at 10:00 (UTC+8). The reference intention subscription price for the project is $21-25 per share, and the final price will be based on the actual IPO pricing results. The minimum investment amount for users is 100 USDT or 100 GUSD, and the maximum investment amount is 500,000 USDT or 500,000 GUSD. There is no additional handling fee for this subscription. In terms of subscription mechanisms, there will be a USDT subscription pool and a GUSD subscription pool, each accounting for 50%. The platform will calculate the allocation ratio based on the user's average locked amount per hour during the subscription period; the earlier the participation and the longer the locking period, the higher the corresponding allocation weight. The project will dynamically adjust the subscription arrangement based on the overall intention subscription situation, with the possibility of closing the subscription channel early.

It is important to note that this IPO subscription is classified as "intention subscription." Submitting an application does not guarantee allocation; users may receive full allocation, partial allocation, or no allocation. The final result will be determined based on the actual IPO issuance situation, the allocation amount obtained by the platform, and the user's subscription situation. If the platform ultimately does not obtain any allocation, USDT subscription users will receive interest subsidies at an annualized rate of 3.8% on the locked subscription funds; GUSD subscription users will normally enjoy an annualized return of 3.8% during the subscription period.

After the allocation is completed, the relevant stocks will be distributed before the IPO listing, expected to be issued to the user's Gate stock account on July 30, 2026. There is no lock-up period for these stocks, supporting 100% unlocking. After the stocks are listed, users can trade through the Gate stock section, and the specific listing and fund arrival time will be determined based on the actual issuance arrangement.

Jersey Mike’s is a well-known submarine sandwich chain brand in North America, established in 1956, with over 3,300 stores in the United States and Canada. In 2025, the global alternative asset management firm Blackstone completed a majority equity investment in the company, which subsequently plans to advance a listing in the US capital markets. The listing of Jersey Mike’s (JMKE) further expands Gate’s IPO Access project layout, providing users with new opportunities to participate in global companies' pre-listing subscriptions, allowing users to conduct independent assessments based on public information, market conditions, and their own needs.

Gate has built an investment ecosystem covering global stock markets, supporting trading of over 12,500 stocks and ETFs in the US, Hong Kong, and South Korea stock markets, and provides diversified services such as fractional share trading, stock dividends, cross-broker transfer for US and Hong Kong stocks, stock splits, and mergers. At the same time, the platform is laying out products such as gStocks tokenized securities, Pre-IPOs, and IPO Access, creating a complete asset allocation system covering pre-listing opportunities, public market trading, and tokenized securities investment. In the future, Gate will continue to expand its layout of quality global assets, improve multi-asset trading infrastructure, and provide users with a more open and efficient global investment experience.

Learn more: https://www.gate.com/announcements/article/100826

About Gate

Gate was founded in 2013, with the founder and CEO Dr. Han, and is one of the world’s leading cryptocurrency and comprehensive financial services platforms. With over 58 million users, it supports trading of over 4,800 types of crypto assets and over 12,500 types of stock assets, fully covering metals, stocks, indices, foreign exchange, commodities, and other TradFi assets, providing users with a one-stop, multi-asset trading experience. As an industry benchmark, Gate was the first to realize 100% reserve proof, covering diversified products and ecosystem layouts such as Gate Wallet, Gate Ventures, and Gate for AI Agent.

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Disclaimer:

This content does not constitute any invitation, solicitation, or suggestion. You should always seek independent professional advice before making any investment decisions. Please note that Gate may restrict or prohibit all or part of the services from restricted areas. Please read the User Agreement for more information.

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