Cardinal Infrastructure Group Inc. (CDNL)
Cardinal Infrastructure Group will go public soon. The estimated IPO date is December 10, 2025.
IPO Price Range
$20.00 - $22.00
Shares Offered
11,500,000
Deal Size
$241.50M

Company Description

Cardinal Infrastructure Group provides a comprehensive suite of infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets.

Our operations leverage a large highly skilled workforce and a fleet of specialized equipment to deliver wet utility installations (water, sewer, and stormwater systems), as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services.

We are becoming the platform of choice for a diverse array of infrastructure construction projects in our target geographies that require high-level technical expertise and sophistication.

We seek to safely execute site work solutions within both the individual project’s schedule and budget, while strengthening our relationships with our growing list of customers.

We believe we are one of the fastest-growing, full-service turnkey infrastructure services companies in the Southeastern United States.

Cardinal Infrastructure Group Inc.
Country United States
Founded 2013
IPO Date Dec 10, 2025
Industry Infrastructure Operations
Sector Industrials
Employees 1,150
CEO Jeremy Spivey

Contact Details

Address:
100 E. Six Forks Road, #300
Raleigh, NC 27609
United States
Phone (919) 324-1964
Website cardinalcivil.com

Stock Details

Ticker Symbol CDNL
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0002079999
Employer ID 39-3180206
SIC Code 1600

Key Executives

Name Position
Jeremy Spivey Chief Executive Officer; Director
Erik West Chief Operating Officer of Cardinal NC
Mike Rowe Chief Financial Officer
Tiffany Gidley General Counsel; Secretary

Latest SEC Filings

Date Type Title
Dec 1, 2025 S-1/A [Amend] General form for registration of securities under the Securities Act of 1933
Nov 20, 2025 S-1/A [Amend] General form for registration of securities under the Securities Act of 1933
Oct 14, 2025 S-1 General form for registration of securities under the Securities Act of 1933
Sep 29, 2025 DRS/A [Amend] [Cover] Draft Registration Statement
Sep 16, 2025 DRS/A [Amend] [Cover] Draft Registration Statement
Aug 11, 2025 DRS [Cover] Draft Registration Statement