Yesway is seeking to raise up to nearly $321 million in its initial public offering, according to a Monday filing with the U.S. Securities and Exchange Commission.
The convenience-store chain is selling about 14 million shares for between $20 and $23 each, the filing said. Yesway expects to grant the underwriters a 30-day option to purchase up to an additional 2 million shares of its class A common stock at the IPO price, less the underwriting discount, the company said.
- Yesway is tied at No. 19 on CSP’s 2026 Top 40 update to the 2025 Top 202 ranking of U.S. c-store chains by store count. Watch for the full 2026 Top 202 ranking in June.
On March 27, Yesway filed a registration statement with the SEC for the proposed IPO. Yesway, which also owns the Allsup’s c-store brand, applied to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol “YSWY.”
The Fort Worth, Texas-based convenience-store chain, backed by Brookwood Financial Partners, had previously filed or an IPO in September 2021. However, in December 2022, Yesway said it was pausing its efforts to go public. At the time, the company cited “current market conditions” as the reason for the pause.
In its most recent filing, Yesway shared that it plans to open about 130 new convenience stores over the next five years, including six to eight new stores in 2026. As of Dec. 31, the company had 419 stores in seven states.
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