ARKO Petroleum prices IPO at $18 on Nasdaq

ARKO Corp. subsidiary begins trading on Nasdaq after pricing 11.1 million shares

Published on Feb. 11, 2026

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ARKO Corp. and its subsidiary ARKO Petroleum Corp. (APC) announced the pricing of APC's initial public offering (IPO) of 11,111,111 shares of its Class A common stock at $18 per share. APC's Class A common stock has been approved for listing on the Nasdaq Capital Market and is expected to begin trading on February 12, 2026. Upon completion of the IPO, ARKO is expected to own 75.9% of the economic interests in APC and 94% of the combined voting power.

Why it matters

The IPO marks a significant milestone for ARKO as it looks to expand its fuel distribution business through its APC subsidiary. The public listing will provide APC with access to capital markets to fund future growth initiatives as one of the largest wholesale fuel distributors in North America.

The details

The IPO is expected to raise over $200 million for APC, with the company granting underwriters a 30-day option to purchase up to an additional 1,666,666 shares. UBS Investment Bank, Raymond James, and Stifel are serving as lead book-running managers for the IPO.

  • The IPO is expected to close on February 13, 2026.
  • APC's Class A common stock is expected to begin trading on the Nasdaq on February 12, 2026.

The players

ARKO Corp.

A Fortune 500 company and one of the largest operators of convenience stores and wholesalers of fuel in the United States, based in Richmond, Virginia.

ARKO Petroleum Corp.

A growth-oriented, fuel distribution company and one of the largest wholesale fuel distributors by gallons in North America, supplying customers in more than 30 states.

UBS Investment Bank

One of the lead book-running managers for the ARKO Petroleum IPO.

Raymond James

One of the lead book-running managers for the ARKO Petroleum IPO.

Stifel

One of the lead book-running managers for the ARKO Petroleum IPO.

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What’s next

The IPO is expected to close on February 13, 2026, subject to customary closing conditions.

The takeaway

The ARKO Petroleum IPO represents a significant growth opportunity for ARKO as it looks to expand its fuel distribution business and gain access to capital markets to fund future initiatives. The public listing of APC's shares on the Nasdaq is a milestone for the company as it aims to become a leading wholesale fuel distributor in North America.