Reported Earlier, ARKO Petroleum Corp. Prices Initial Public Offering Of 11,111,111 Class A Common Shares At $18.00 Per Share
Benzinga Newsdesk 8 months ago
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Upon the completion of the IPO, ARKO is expected to own 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
Upon the completion of the IPO, ARKO is expected to own 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).