Yesway Files for Initial Public Offering

Yesway Inc. is taking the company public, announcing today that it has commenced an initial public offering (IPO) of 13,953,488 shares of its Class A common stock. The IPO price is expected to be between $20.00 and $23.00 per share.  

Yesway said it expects to grant the underwriters a 30-day option to purchase up to an additional 2,093,023 shares of its Class A common stock at the iIPO price, less the underwriting discount. The shares are expected to trade on The Nasdaq Global Select Market under the ticker symbol "YSWY." 

Yesway previously said Morgan Stanley is acting as lead bookrunning manager for the proposed offering. J.P. Morgan and Goldman Sachs & Co. LLC are acting as active bookrunning managers. Barclays, BMO Capital Markets, KeyBanc Capital Markets, Guggenheim Securities and Raymond James & Associates, Inc. are also acting as bookrunners. 

Earlier this month, Yesway laid out its expansion and growth plans for the next five years, with plans to open 130 new-to-industry stores. The retailer said it has six to eight stores planned for 2026 and expects to spend $40 million to $50 million on those builds. 

In other recent financial news, last month Arko Corp. announced that its subsidiary, Arko Petroleum Corp. (“APC”), launched a roadshow for its IPO. 

Upon the closing on February 13, 2026, APC’s initial public offering of 11,111,111 shares of its Class A common stock were sold at $18.00 per share. 

Arko said the total net proceeds from the offering were approximately $183.2 million. 

Last week, Casey’s General Stores Inc. was added to the S&P 500, an index that tracks the performance of some of the largest and most consequential publicly traded companies in the United States. This is the first time Casey’s has been included in the S&P 500 since becoming a publicly traded company in 1983.