Yesway prices IPO at $20 per share for 14 million shares

Yesway Inc. announced the pricing of its initial public offering of 14 million shares of Class A common stock at $20 per share. The convenience store operator has granted underwriters a 30-day option to purchase up to an additional 2.1 million shares at the IPO price, less underwriting discount.

The shares are expected to begin trading on the Nasdaq Global Select Market under ticker symbol NASDAQ: YSWY on April 22, 2026. The offering is expected to close on April 23, 2026, subject to customary closing conditions.

Morgan Stanley serves as lead bookrunning manager for the offering. J.P. Morgan and Goldman Sachs & Co. LLC are acting as active bookrunning managers. Additional bookrunners include Barclays, BMO Capital Markets, KeyBanc Capital Markets, Guggenheim Securities, and Raymond James & Associates Inc.

The Securities and Exchange Commission declared the registration statement relating to the offering effective on April 21, 2026. The Fort Worth, Texas-based company operates 449 convenience stores across nine states in the Midwest and Southwest under the Yesway and Allsup's brands.

Founded in 2015, Yesway operates stores in Texas, New Mexico, South Dakota, Iowa, Kansas, Missouri, Wyoming, Oklahoma, and Nebraska. The company's stores feature foodservice offerings and grocery items, including Allsup's deep-fried burritos.

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