---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-410735"
form_type: "8-K"
ticker: "CDNL"
cik: "0002079999"
company_name: "Cardinal Infrastructure Group Inc."
filed_at: "2026-10-01T20:30:15+00:00"
generated_at: "2026-10-12T14:24:57.462780+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cardinal Infrastructure closes $115M Allied Paving acquisition, adds Atlanta self-perform paving

## Summary
- Consideration of approximately $115.0M: $88.9M in cash plus 1,006,796 Class A shares (CDNL), subject to customary post-closing adjustments.
- Allied Paving generated roughly $100M in standalone revenue; work performed on Cardinal projects will show in margin rather than consolidated revenue.
- Deal expands Cardinal's self-performing capabilities in the Atlanta/Northern Georgia market, per COO Benji Wood.
- Allied CEO John McLean joins Cardinal's leadership team to manage paving operations across Georgia; deal fits Cardinal's founder-led acquisition strategy.
- Wood said Allied's crews let Cardinal sequence paving directly behind grading and site-development teams, shortening project timelines.

## SEC filing metadata
- accession: 0001193125-26-410735
- form_type: 8-K
- ticker: CDNL
- cik: 0002079999
- company_name: Cardinal Infrastructure Group Inc.
- filed_at: 2026-10-01T20:30:15+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2079999/000119312526410735/0001193125-26-410735-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2079999/000119312526410735/cdnl-20261001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-410735
- JSON: https://secwatch.observer/filing/0001193125-26-410735.json
- Plain text: https://secwatch.observer/filing/0001193125-26-410735.txt

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