ARKO Petroleum sells 1.46M shares via over-allotment option, nets $24.4M

ARKO Petroleum Corp.

Underwriters exercised option to purchase 1,459,112 shares of Class A common stock on March 5, 2026.
Shares were issued and sold on March 9, 2026; net proceeds of $24.4 million after underwriting discounts.
Option was part of the IPO underwriting agreement with UBS Securities and Raymond James & Associates.
Proceeds provide additional capital to the company following the initial public offering.

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