Jersey Mike’s Subs Inc. (“Jersey Mike’s” or the “Company”) announced today that it has commenced a roadshow for its proposed initial public offering (“IPO”) of 43,478,261 shares of its Class A common stock to be sold by Jersey Mike’s and certain of its existing stockholders (the “Selling Stockholders”).

The IPO price is currently expected to be between $21.00 and $25.00 per share. In addition, the Selling Stockholders are expected to grant the underwriters a 30-day option to purchase up to an additional 6,521,739 shares of the Company’s Class A common stock to cover over-allotments at the IPO price, less underwriting discounts and commissions. Jersey Mike’s expects to list its Class A common stock on the New York Stock Exchange under the ticker symbol “JMKE.”