ARKO Petroleum raises 200 million dollars in upsized US initial public offering

The fuel distributor priced its upsized offering at 18 dollars per share on Wednesday. Proceeds will be used to pay down debt and support general operations.

Insights:
ARKO Petroleum priced its upsized initial public offering in the US USUS at $18 per share on February 12, 2026, selling 11.11 million shares to raise nearly $200 million. The offering, which was completed amid a period of renewed momentum in the IPO market during early 2026, establishes a public valuation of approximately $819 million for the company. ARKO Petroleum is set to list on the Nasdaq under the ticker symbol APC.
The Nasdaq logo is displayed at the Nasdaq Market site in Times Square, New York City, U.S., on December 3, 2021. REUTERS/Jeenah Moon
The Nasdaq logo is displayed at the Nasdaq Market site in Times Square, New York City, U.S., on December 3, 2021. REUTERS/Jeenah Moon
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