Gate, a leading global digital asset trading platform, has announced the launch of the second project on its IPO Access platform, Jersey Mike’s (JMKE). Users can participate in the IPO indication subscription using USDT or GUSD for the opportunity to receive allocated shares and trade them directly on Gate’s stock market after the company’s public listing.

The indication subscription for Jersey Mike’s (JMKE) will open on July 27, 2026, 02:00 (UTC) and close on July 29, 2026, 02:00 (UTC). The indicative IPO price range is $21–$25 per share, with the final subscription price subject to the official IPO pricing. Users can participate with a minimum commitment of 100 USDT or 100 GUSD and a maximum commitment of 500,000 USDT or 500,000 GUSD, with no additional subscription fees. 

The offering will be split equally between a USDT subscription pool and a GUSD subscription pool, each representing 50% of the total allocation. Allocation will be determined based on each user’s hourly average locked commitment throughout the subscription period. Users who participate earlier and maintain their commitment for a longer duration will receive a higher allocation weight. The project’s subscription arrangements will be dynamically adjusted based on overall interest levels, and there is a possibility that the subscription period could be closed early.

Please note that this is an indication subscription, meaning that submitting a subscription interest does not guarantee an allocation. Participants may receive a full allocation, partial allocation, or no allocation at all, depending on the final IPO allocation received by Gate, overall subscription demand, and the official IPO offering results. Allocated shares are expected to be distributed to users’ Gate Stocks accounts before the IPO begins trading, with the current estimated distribution date of July 30, 2026. The shares will be 100% unlocked with no lock-up period, allowing users to trade them through Gate Stocks once the company is officially listed. 

The exact distribution and trading schedule will be subject to the final IPO timetable. If the platform ultimately does not receive any allocation, users who subscribe with USDT will receive an interest subsidy calculated at an annualized rate of 3.8% based on their locked subscription funds. Users subscribing with GUSD will continue to earn the standard 3.8% annualized yield throughout the subscription period.

Founded in 1956, Jersey Mike’s is one of North America’s leading submarine sandwich restaurant chains, operating more than 3,300 locations across the United States and Canada. In 2025, global alternative asset manager Blackstone acquired a majority stake in the company, which subsequently announced plans to pursue a U.S. public listing. The addition of Jersey Mike’s (JMKE) further expands Gate’s IPO Access offering, providing users with another opportunity to participate in high-profile global IPOs. Users are encouraged to conduct their own independent assessments based on publicly available information, market conditions, and their individual needs.

Gate has built a comprehensive global equities investment ecosystem, supporting trading for more than 12,500 stocks and ETFs across the U.S., Hong Kong, and Korean markets. The platform also offers fractional share trading, stock dividends, cross-broker stock transfers for U.S. and Hong Kong equities, as well as corporate action services such as stock splits and reverse splits. In addition, Gate continues to expand its multi-asset investment ecosystem through gStocks tokenized securities, Pre-IPOs, and IPO Access, creating a comprehensive investment framework that spans pre-IPO opportunities, public market investing, and tokenized securities. Looking ahead, Gate will continue to broaden access to premium global assets, strengthen its multi-asset trading infrastructure, and deliver a more open, efficient, and seamless global investment experience.

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About Gate

Gate, founded in 2013 by Dr. Han, is one of the world’s leading cryptocurrency and integrated financial services platforms. Serving over 58 million users globally, it supports trading across 4,800+ digital assets and 12,500+ stock assets, while providing access to a comprehensive range of TradFi assets, including metals, stocks, indices, forex, and commodities, delivering users a one-stop, multi-asset trading experience and blockchain-related services. As an industry benchmark, Gate was among the first platforms to implement 100% Proof of Reserves. Its ecosystem includes Gate Wallet, Gate Ventures, Gate for AI Agent, and a wide range of products and services.

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Disclaimer:

This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Note that Gate may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement.

Source: BeInCrypto