Yesway Inc. has priced its initial public offering at $20 per share for 14 million shares of Class A common stock, the company announced. As part of the transaction structure, the underwriters have been granted a 30-day option to acquire up to an additional 2.1 million shares at the same IPO price, less the customary underwriting discount.
The company expects its shares to commence trading on the Nasdaq Global Select Market under the ticker symbol YSWY on April 22, 2026. The offering is set to close on April 23, 2026, subject to customary closing conditions that must be satisfied before final settlement.
Regulatory clearance for the transaction advanced this week when the Securities and Exchange Commission declared the registration statement relating to the offering effective on April 21, 2026. With that procedural milestone complete, the planned timetable for listing and closing is now in place, pending the fulfillment of standard closing requirements.
On the management side, Morgan Stanley is serving as the lead bookrunning manager for the offering. J.P. Morgan and Goldman Sachs & Co. LLC are acting as active bookrunning managers. The syndicate of additional bookrunners includes Barclays, BMO Capital Markets, KeyBanc Capital Markets, Guggenheim Securities, and Raymond James & Associates Inc.
Yesway is headquartered in Fort Worth, Texas, and operates a network of 449 convenience stores across nine states in the Midwest and Southwest. Its retail footprint spans Texas, New Mexico, South Dakota, Iowa, Kansas, Missouri, Wyoming, Oklahoma, and Nebraska. The company operates under the Yesway and Allsup's banners.
The company's store assortments combine foodservice offerings and grocery merchandise. Among the named menu items, Allsup's deep-fried burritos are identified as part of the foodservice selection available in the stores.
Offering details recap
- IPO size: 14 million Class A shares priced at $20 per share.
- Overallotment option: Underwriters may purchase up to an additional 2.1 million shares within 30 days at the IPO price, less underwriting discount.
- Planned Nasdaq listing: Commencement of trading under ticker YSWY on April 22, 2026; expected close on April 23, 2026, subject to customary closing conditions.
- SEC action: Registration statement declared effective on April 21, 2026.
This announcement completes a key procedural step in Yesway's path to become a publicly traded company while setting out the timeline and underwriting structure that will govern the transaction through its initial market debut.