ARKO Petroleum Raises $183.2 Million in IPO of 11.1 Million Shares
ARKO Petroleum Corp sold 11.11 million Class A shares at $18 each, raising roughly $183.2 million in net proceeds from its IPO closed February 13, 2026. ARKO Corp holds 75.9% of APC’s economic interests and 94% of combined voting power post-IPO.
1. Initial Public Offering Closed
ARKO Petroleum Corp closed its IPO on February 13, 2026, selling 11,111,111 Class A common shares at $18 each and generating approximately $183.2 million in net proceeds. Underwriters have a 30-day option to purchase up to 1,666,666 additional shares at the IPO price less underwriting discounts and commissions.
2. ARKO Corp’s Ownership Stake
Following the offering, ARKO Corp owns 35,000,000 Class B common shares of APC, representing 75.9% of economic interests and 94.0% of combined voting power; these stakes adjust to 73.3% and 93.2%, respectively, if the over-allotment option is exercised in full.
3. Market Listing and Managers
APC’s Class A common stock is listed on the Nasdaq Capital Market under the symbol APC. UBS Investment Bank, Raymond James and Stifel served as lead book-running managers, with Mizuho and Capital One Securities as joint book-runners.