Company Overview - ARKO Corp. is a Fortune 500 company based in Richmond, VA, and is one of the largest operators of convenience stores and wholesalers of fuel in the United States [5] - ARKO operates through its majority ownership of ARKO Petroleum Corp. in four reportable segments: retail, wholesale, fleet fueling, and GPM Petroleum [5] - ARKO Petroleum Corp. is a growth-oriented fuel distribution company and one of the largest wholesale fuel distributors by gallons in North America, serving customers in over 30 states [6] IPO Details - ARKO Petroleum Corp. closed its initial public offering (IPO) on February 13, 2026, offering 11,111,111 shares of Class A common stock at a price of $18.00 per share [1] - The total net proceeds from the IPO were approximately $183.2 million, with underwriters granted a 30-day option to purchase an additional 1,666,666 shares [1] - Upon closing, 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 [1]