Black Rock Coffee Bar Announces Payoff of Founders' Margin Loan and Investment by Cynosure

SCOTTSDALE, Ariz., May 18, 2026 (GLOBE NEWSWIRE) -- Black Rock Coffee Bar, Inc. (Nasdaq: BRCB) (“Black Rock Coffee Bar” or the “Company”) today announced that entities and trusts affiliated with its founders (the “Founders”) have consummated a transaction with certain entities advised by The Cynosure Group, LLC (collectively, “Cynosure”) pursuant to which Cynosure purchased all of the equity interests in the Company and Black Rock Coffee Holdings, LLC that were pledged by the Founders as collateral for their margin loan entered into in connection with the Company's initial public offering.
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