Haymaker Acquisition II and ARKO Holdings announced that they completed their business combination. Under terms of the agreement, Haymaker and Arko combined under a new company, ARKO Corp. Shares of ARKO common stock and warrants are expected to begin trading today on the Nasdaq under “ARKO” and “ARKOW,” respectively.
The combined company has a market capitalization of approximately $1.4 billion.
ARKO’s primary asset is a controlling stake in GPM Investments, a growing leader in the U.S. convenience store industry. Read more.