ARKO Corporation (ARKO) and its subsidiary ARKO Petroleum Corporation, or APC, have announced the pricing of ARKO Petroleum's initial public offering of 11.111 million shares of its class A shares at $18 per share.
In addition, APC has granted the underwriters a 30-day option to purchase up to an additional 1.666 million class A shares of ARKO Petroleum to cover over-allotments.
The IPO is expected to be closed on February 13.
APC class A shares have been approved for listing on the Nasdaq Capital Market under the symbol "APC" and are expected to begin trading on February 12.
Post IPO, ARKO is expected to own 35 million shares of APC's class B stock, representing 75.9% of the economic interests in APC and 94% of the combined voting power of APC's class A stock and class B stock.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.