---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-209128"
form_type: "8-K/A"
ticker: "CDNL"
cik: "0002079999"
company_name: "Cardinal Infrastructure Group Inc."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:59:06.140950+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cardinal Infrastructure acquires A.L. Grading: acquired entity revenue $164.5M, net income $33.5M in 2025

## Summary
- A.L. Grading Contractors revenue $164.5M in 2025, up 8% from $152.1M in 2024.
- Net income $33.5M in 2025, up 30% from $25.9M in 2024; gross profit $43.4M (26.4%).
- Total assets $73.2M at Dec 31, 2025; stockholders' equity $46.6M.
- Acquisition of 100% equity closed Feb 18, 2026; unaudited pro forma financials filed.
- Operating cash flow $41.6M in 2025; heavy machinery net book value $35.3M.

## SEC filing metadata
- accession: 0001193125-26-209128
- form_type: 8-K/A
- ticker: CDNL
- cik: 0002079999
- company_name: Cardinal Infrastructure Group Inc.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2079999/000119312526209128/0001193125-26-209128-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2079999/000119312526209128/cdnl-20260218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-209128
- JSON: https://secwatch.observer/filing/0001193125-26-209128.json
- Plain text: https://secwatch.observer/filing/0001193125-26-209128.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.