ARKO Petroleum Corp., a business unit of ARKO Corp., has set the price for its initial public offering at $18.00 per share. The IPO covers 11,111,111 shares of Class A common stock. In connection with the offering, the company has granted its underwriters a 30-day option to buy up to 1,666,666 additional shares to cover potential over-allotments, with those shares to be sold at the same $18.00 price.
The Class A common stock of ARKO Petroleum has been approved for listing on the NASDAQ Capital Market under the symbol "APC." Trading for those shares is expected to begin on February 12, 2026. The transaction is scheduled to close on February 13, 2026, subject to customary closing conditions.
Upon completion of the offering, ARKO Corp. will hold 35,000,000 shares of ARKO Petroleums Class B common stock. Those Class B shares will represent 75.9% of the economic interests in ARKO Petroleum and 94.0% of combined voting power. If the underwriters exercise their 30-day over-allotment option in full, ARKO Corp.s stake would adjust to 73.3% of economic interests and 93.2% of voting power.
UBS Investment Bank, Raymond James, and Stifel are serving as the lead book-running managers for the offering. Mizuho and Capital One Securities are listed as joint book-running managers.
The U.S. Securities and Exchange Commission declared ARKO Petroleums registration statement on Form S-1 effective on February 11, 2026.
In its description of operations, ARKO Petroleum characterizes itself as a fuel distribution company and wholesale fuel distributor that serves customers in more than 30 states across multiple U.S. regions. ARKO Corp., headquartered in Richmond, Virginia, operates convenience stores and fuel wholesale operations through four business segments: retail, wholesale, fleet fueling, and GPM Petroleum.
Summary of offering mechanics:
- IPO price: $18.00 per share
- Shares offered: 11,111,111 Class A shares
- Over-allotment option: 1,666,666 additional shares at $18.00
- Expected NASDAQ ticker: APC
- Expected trading start: February 12, 2026; expected close: February 13, 2026
This filing and pricing leave ARKO Corp. with a controlling economic and voting interest in ARKO Petroleum after the offering, even if the over-allotment option is exercised.