Cardinal Infrastructure Group INC. (CDNL) — SEC Filings

Overview

Cardinal Infrastructure Group INC. (CDNL) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 8-K filed on Dec 15, 2025: On December 15, 2025, Cardinal Infrastructure Group Inc. (formerly Civil Infrastructure Group Inc. as of August 5, 2025) filed an 8-K to report the completion of an acquisition or disposition of assets. The filing also includes financial statements and exhibits related to this event. The company is

Sentiment Summary

Across 5 filings, the sentiment breakdown is: 2 neutral, 3 mixed. The dominant filing sentiment for Cardinal Infrastructure Group INC. is mixed.

Filing Type Overview

Cardinal Infrastructure Group INC. (CDNL) has filed 2 8-K, 2 S-1/A, 1 S-1 with the SEC between Oct 2025 to Dec 2025.

Recent Filings (5)

• Cardinal Infrastructure Group Completes Asset Acquisition/Disposition — 8-K · Dec 15, 2025 Risk: medium
  On December 15, 2025, Cardinal Infrastructure Group Inc. (formerly Civil Infrastructure Group Inc. as of August 5, 2025) filed an 8-K to report the completion o
• 8-K Filing — 8-K · Dec 12, 2025
• Cardinal Infrastructure Launches IPO, Targets $20-$22/Share — S-1/A · Dec 1, 2025 Risk: high
  Cardinal Infrastructure Group Inc. (CDNL) is launching its initial public offering of 11,500,000 shares of Class A Common Stock, with an estimated price range o
• Cardinal Infrastructure Files S-1/A for IPO, Targets Southeastern Growth — S-1/A · Nov 20, 2025 Risk: medium
  Cardinal Infrastructure Group Inc. (CDNL) filed an S-1/A on November 20, 2025, for its initial public offering of Class A Common Stock, with an estimated IPO pr
• Cardinal Infrastructure Files S-1 for IPO, Targets Southeastern Growth — S-1 · Oct 14, 2025 Risk: medium
  Cardinal Infrastructure Group Inc. (CDNL) is undertaking an initial public offering of Class A Common Stock, with an estimated price range between $X.XX and $X.

Risk Profile

Risk Assessment: Of CDNL's 4 recent filings, 1 were flagged as high-risk, 3 as medium-risk, and 0 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.

Key Executives

• Tiffany Gidley
• Edward S. Best
• Christopher D. Lueking
• Jonathan E. Sarna

Industry Context

Cardinal operates in the infrastructure services sector, focusing on wet utility installations, grading, and paving. This industry is experiencing growth driven by population expansion and development, particularly in the Southeastern U.S. The competitive landscape includes both specialized local providers and larger national firms. Key trends involve increasing demand for essential infrastructure upgrades and new construction projects.

Top Tags

IPO (3) · Construction (3) · Southeastern US (3) · Emerging Growth Company (3) · Dual-Class Stock (2) · Infrastructure Services (2) · acquisition (1) · disposition (1) · corporate-action (1) · Infrastructure (1)

Key Numbers

• Commission File Number: 001-43004 — Identifies the company's SEC filing history
• I.R.S. Employer Identification Number: 39-3180206 — Company's tax identification number
• Estimated IPO price range per share: $20.00-$22.00 — The expected price for each Class A Common Stock share in the initial public offering.
• Shares of Class A Common Stock offered: 11,500,000 — The total number of shares Cardinal Infrastructure Group Inc. is offering in its IPO.
• Underwriters' option for additional shares: 1,725,000 — The maximum number of additional Class A Common Stock shares underwriters can purchase.
• Economic interest in Cardinal held by Cardinal Infrastructure Group Inc.: 36.1% — The percentage of Cardinal's economic interest that will be owned by the public company post-IPO.
• Economic interest in Cardinal held by Continuing Equity Holders: 63.9% — The percentage of Cardinal's economic interest retained by pre-IPO owners, assuming no underwriter option exercise.
• Combined voting power of Class B Common Stock: 63.9% — The percentage of total voting power held by Continuing Equity Holders through Class B Common Stock.
• Combined annual population growth (2020-2024): 6.6% — Growth rate in Charlotte, Raleigh, and Greensboro areas, significantly higher than the U.S. average of 2.6%.
• New housing permits per 1,000 residents in North Carolina (2024): 9 — Indicates strong housing market activity, more than double the U.S. average of 4 permits per 1,000 residents.
• Filing date of S-1/A: 2025-12-01 — The date this Amendment No. 2 to Form S-1 was filed with the SEC.
• Date of Cardinal Reorganization: 2025-09-30 — The effective date when Cardinal Civil Construction, LLC (Cardinal NC) was reorganized into Cardinal Civil Contracting Holdings LLC (Cardinal).
• Filing Date: 2025-11-20 — Date S-1/A was filed with the SEC
• Registration No.: 333-290850 — SEC registration number for the S-1/A
• Primary SIC Code: 1600 — Standard Industrial Classification Code Number

Frequently Asked Questions