CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Black Rock Coffee (BRCB) Investors of Securities Class Action Lawsuit Deadline on August 17, 2026

NEW YORK--(BUSINESS WIRE)--Aug 17, 2026--

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Black Rock Coffee Bar, Inc. (“Black Rock Coffee” or the “Company”) (NASDAQ: BRCB) and reminds investors of the August 17, 2026deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

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Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Black Rock Coffee’s new store openings were leading to a cannibalization of its existing services and revenue; (2) Black Rock Coffee overstated the manner in which its expansion strategy was tailored to avoid “sales transfer”; (3) as a result of “sales transfer,” the Company’s financial results were materially impacted; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Black Rock Coffee’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Black Rock Coffee class action, go to www.faruqilaw.com/BRCB or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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Frequently Asked Questions (FAQ) for Investors Regarding the Black Rock Coffee Holdings Securities Class Action Lawsuit:

What is the Black Rock Coffee Bar securities fraud lawsuit about?
The Black Rock Coffee Bar securities fraud lawsuit is a federal securities class action alleging that Black Rock Coffee Bar, Inc. (NASDAQ: BRCB) and its executives made false and misleading statements to investors in connection with the Company's September 2025 IPO by overstating the effectiveness of its expansion strategy and concealing that new store openings were cannibalizing revenue from existing locations through "sales transfer." While the Company touted its expansion strategy as carefully tailored to avoid sales transfer, the complaint alleges that this cannibalization was in fact materially impacting the Company's financial results, rendering management's positive statements about the Company's business, operations, and prospects materially misleading.

Who may be eligible to participate in the Black Rock Coffee Bar class action lawsuit?
Investors who purchased or acquired Black Rock Coffee Bar (BRCB) securities may be eligible to participate in the Black Rock Coffee securities class action if they: (a) purchased Class A common stock pursuant and/or traceable to the Registration Statement issued in connection with the Company's September 2025 IPO; and/or (b) purchased BRCB securities between September 12, 2025 and May 12, 2026 — the Class Period — and suffered financial losses as a result. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Black Rock Coffee employees, and others with relevant information about the Company's conduct are also encouraged to come forward.

What is a lead plaintiff, and how can I seek appointment in the Black Rock Coffee Bar lawsuit?
A lead plaintiff in the Black Rock Coffee Bar class action is a court-appointed investor — typically the one with the largest financial interest in the case — who directs and oversees the litigation on behalf of all class members. Any Black Rock Coffee investor who purchased BRCB securities during the Class Period or in connection with the IPO may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is August 17, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.

What should investors do if they purchased Black Rock Coffee Bar stock during the Class Period?
Investors who purchased Black Rock Coffee Bar, Inc. (BRCB) securities in connection with the September 2025 IPO or between September 12, 2025 and May 12, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Black Rock Coffee Bar securities class action is August 17, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/BRCB for more information.

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CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds Black Rock Coffee (BRCB) Investors of Securities Class Action Lawsuit Deadline on August 17, 2026

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Aug 17, 2026--

Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, today announced the development of Rivet, a 300-unit Class A apartment community in Chelsea, one of the fastest-growing and most affluent communities in the Birmingham metropolitan area.

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“Chelsea is one of the most attractive growth markets in the area, supported by strong economic fundamentals, continued investment and a highly desirable location," said Josh Purvis, managing partner for Thompson Thrift Residential. "With limited opportunities for new multifamily development in the area, Rivet is uniquely positioned to help meet the growing demand for high-quality apartment homes while creating an exceptional living experience for residents.”

Situated on nearly 29 acres along the U.S. 280 corridor, Rivet will offer residents convenient access to major employment centers, retail destinations and outdoor recreation, along with the high-quality finishes and resort-inspired amenities that have become synonymous with Thompson Thrift communities.

When the first residents move in during late 2027, they will be able to choose from a mix of one-, two- and three-bedroom apartment homes complete with elegant quartz countertops, stainless-steel appliances, tile backsplashes, hardwood-style flooring, full-size washers and dryers, smart-home technology, spacious walk-in closets and patio, balcony and private yard options.

Residents will enjoy a comprehensive amenity package featuring a resort-style heated swimming pool, fully equipped 24-hour fitness center, pickleball court, community grilling areas and fire pit, social hub with billiards and shuffleboard, dog park and pet spa, business center with conference rooms and focus suites and an Amazon package hub.

"Chelsea offers an exceptional quality of life, with top-rated schools, beautiful established neighborhoods and convenient access to employment, retail and healthcare destinations along the U.S. 280 corridor," said Jesse Houghtalen, senior vice president of development for Thompson Thrift Residential. "Rivet complements that environment, providing residents with thoughtfully designed apartment homes, resort-style amenities and the convenience of living close to everything that makes Chelsea so desirable.”

Rivet's location places residents just minutes from Grandview Medical Center, Meadow Brook Corporate Park, Tattersall Park, The Summit Mall, University of Alabama Birmingham, Samford University, downtown Birmingham, and more than 18 million square feet of shopping, dining and entertainment within the corridor. The surrounding area continues to see significant investment, including a planned retail center and nearby technology and life sciences office park that further reinforce the long-term growth of the area.

Chelsea continues to experience significant momentum. Since 2020, the city's population has grown approximately 16%, underscoring its emergence as one of the fastest-growing communities in the Birmingham metropolitan area. Shelby County also maintains the lowest unemployment rate in the state due to the metro’s strong base of healthcare, technology and banking employers.

The development is being capitalized with equity from the Thompson Thrift 2025 Multifamily Development, LP.

Over the past 40 years, Thompson Thrift has invested more than $7.3 billion into local communities and has become known as a trusted partner engaged in all aspects of development, construction, leasing, and management of high-quality real estate projects across the country.

About Thompson Thrift Real Estate Company

Since its founding in 1986, Thompson Thrift has grown from a locally focused development and construction company into a full-service, integrated enterprise with a national scope. From its offices in Indianapolis and Terre Haute, Indiana; Denver; Houston; and Phoenix the company is engaged in all aspects of development, construction, leasing and management of quality multifamily and commercial projects. The company earned national recognition as a winner of a 2026 Top Workplaces USA award, the latest accolade that reflects the company's ongoing commitment to excellence in the community and workplace. For more information, please visit www.thompsonthrift.com.

Securities Offered Through North Capital Private Securities, MemberFINRA/SIPC

Investments in private offerings are speculative, illiquid, and may result in a complete loss of capital. Past performance is not indicative of future results. Prospective investors should conduct their own due diligence and are encouraged to consult with a financial advisor, attorney, accountant, and any other professional that can help them to understand and assess the risks associated with any investment opportunity.

Thompson Thrift to Develop 300-unit Luxury Apartment Community Outside Birmingham