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Cardinal Infrastructure Group Announces Pricing of Upsized Public Offering
- Cardinal Infrastructure Group priced an upsized public offering of 4,000,000 Class A common stock shares at $73.00 each, aiming to raise approximately $292 million before expenses.
- The company granted underwriters a 30-day option to purchase up to 600,000 additional shares of Class A common stock.
- The offering is expected to close on June 26, 2026, pending customary closing conditions.
- Stifel, William Blair, and Truist Securities are the book-running managers for the offering.
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The Berkshire Eagle+36 Reposted by 36 other sources
Cardinal Infrastructure Group Announces Pricing of Upsized Public Offering
RALEIGH, N.C., June 24, 2026 /PRNewswire/ -- Cardinal Infrastructure Group, Inc. (the "Company" or "Cardinal") (Nasdaq: CDNL) today announced the pricing of an upsized underwritten public offering of 4,000,000 shares of its Class A common stock at a price to…
Coverage Details
Total News Sources37
Leaning Left5Leaning Right4Center16Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 20%
C 64%
R 16%
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