Yesway Announces Launch of Initial Public Offering

Rhea-AI Summary

Yesway (Nasdaq: YSWY) launched an initial public offering on April 13, 2026, offering 13,953,488 shares of Class A common stock with an expected price range of $20.00–$23.00 per share.

The underwriters have a 30‑day option to purchase an additional 2,093,023 shares. Shares are expected to trade on The Nasdaq Global Select Market under YSWY. Yesway operates 449 stores across nine states and opened 91 new stores in recent years.

Positive

• Initial offering of 13,953,488 shares
• Price range set at $20.00–$23.00 per share
• Underwriters may purchase 2,093,023 additional shares
• 449 stores across nine states; 91 new stores recently opened

Negative

• Offering will dilute existing ownership through issuance of new shares
• Sale is contingent on SEC registration becoming effective before any sale

FORT WORTH, Texas, April 13, 2026 /PRNewswire/ -- Yesway, Inc. ("Yesway") today announced that it has commenced an initial public offering of 13,953,488 shares of its Class A common stock. The initial public offering price is expected to be between $20.00 and $23.00 per share. Yesway 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 initial public offering price, less the underwriting discount. The shares are expected to trade on The Nasdaq Global Select Market under the ticker symbol "YSWY."

Morgan Stanley is acting as lead bookrunning manager for the 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.

The offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to the offering may be obtained from any of the following sources:

• Morgan Stanley & Co. LLC
  Attention: Prospectus Department
  180 Varick Street, Second Floor
  New York, New York 10014
  
  
• J.P. Morgan Securities LLC
  c/o Broadridge Financial Solutions
  1155 Long Island Avenue
  Edgewood, New York 11717
  Email: prospectus-eq_fi@jpmchase.com or postsalemanualrequests@broadridge.com
  
  
• Goldman Sachs & Co. LLC
  Attention: Prospectus Department
  200 West Street
  New York, New York 10282
  Telephone: 1-866-471-2526
  Email: prospectus-ny@ny.email.gs.com

A registration statement on Form S-1 relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Yesway - Established in 2015 and headquartered in Fort Worth, Texas, Yesway is an award-winning convenience store operator with 449 stores across nine states in the Midwest and Southwest. Yesway is renowned for its iconic food service offerings, diverse grocery selections, and private-label products, including the famous Allsup's deep-fried burrito. Through strategic acquisitions, the 91 new stores it has developed and opened in the past several years, and its steadfast commitment to customer satisfaction and community engagement, Yesway continues to cement its position as one of the leading convenience retailers in the United States.     

Contact:
Edelman Smithfield
YeswayIR@edelman.com

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SOURCE Yesway

FAQ

What did Yesway (YSWY) announce on April 13, 2026?

Yesway announced an initial public offering of Class A common stock on April 13, 2026. According to the company, the offering covers 13,953,488 shares with an underwriter option for 2,093,023 additional shares, and shares are expected to trade on Nasdaq under YSWY.

How many shares and what price range did Yesway (YSWY) set for the IPO?

Yesway set an expected offering of 13,953,488 shares priced between $20.00 and $23.00 per share. According to the company, underwriters may also purchase up to 2,093,023 additional shares at the IPO price less underwriting discount.

When and where will Yesway (YSWY) shares trade after the IPO?

Shares are expected to trade on The Nasdaq Global Select Market under the ticker YSWY once the registration is effective. According to the company, trading will commence after the SEC registration statement becomes effective and sale conditions are met.

Who are the lead underwriters for Yesway's (YSWY) IPO?

Morgan Stanley is the lead bookrunning manager, with J.P. Morgan and Goldman Sachs as active bookrunners. According to the company, additional bookrunners include Barclays, BMO Capital Markets, KeyBanc, Guggenheim, and Raymond James.

What does the Yesway (YSWY) IPO mean for existing shareholders?

The IPO will introduce newly issued shares and likely dilute existing ownership percentages. According to the company, the offering issues 13,953,488 shares plus a 30‑day option for 2,093,023 additional shares, which will affect ownership and share count.