RICHMOND, Va., Feb. 17, 2026 (GLOBE NEWSWIRE) -- ARKO Corp. (NASDAQ:ARKO) ("ARKO") and ARKO Petroleum Corp. (NASDAQ:APC) ("APC"), today announced the closing on February 13, 2026 of APC's initial public offering (the "IPO") of 11,111,111 shares of its Class A common stock at a price to the public at $18.00 per share (the "IPO Price"). In addition, APC has granted the underwriters a 30-day option to purchase up to an additional 1,666,666 shares of APC's Class A common stock to cover over-allotments, if any, at the IPO Price, less underwriting discounts and commissions. The total net proceeds from the offering were approximately $183.2 million. APC's Class A common stock is listed on the Nasdaq Capital Market under the symbol "APC."

Upon the closing of the IPO, ARKO owned 35,000,000 shares of APC's Class B common stock, representing 75.9% of the economic interests in APC and 94.0% of the combined voting power of APC's Class A common stock and Class B common stock (or 73.3% of the economic interests in APC and 93.2% of the combined voting power if the underwriters exercise their over-allotment).

UBS Investment Bank, Raymond James and ...