secwatch.observer — SEC 8-K summary
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Issuer:     Cardinal Infrastructure Group Inc. (CDNL)
CIK:        0002079999
Form:       8-K
Filed at:   2025-12-12T23:59:59+00:00
Accession:  0001213900-25-121209
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 3.02, 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cardinal Infrastructure Group completes IPO of 13.2M shares at $21, gross proceeds $277.7M
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- Completed IPO of 11,500,000 shares at $21.00 per share on Dec 11, 2025; over-allotment of 1,725,000 shares on Dec 12.
- Gross proceeds to Company from IPO and over-allotment ~$277.7 million before underwriting discounts.
- Issued 30,887,813 shares of Class B Common Stock to pre-IPO members for nominal consideration in connection with the IPO.
- Entered into Second Amended and Restated LLC Agreement, Tax Receivable Agreement, and Registration Rights Agreement.
- Net proceeds used to purchase newly issued Common Units from Cardinal Civil Contracting Holdings LLC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2079999/000121390025121209/0001213900-25-121209-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2079999/000121390025121209/ea0268785-8k_cardinal.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-121209

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