Cardinal Infrastructure Group Inc.
Close on Oct 19, 2026
- Market cap
- $684.44M
- P/E (TTM)
- –
- Dividend yield
- –
About Cardinal Infrastructure
Heavy Construction Other Than Bldg Const - Contractors, SIC 1600
Cardinal Infrastructure Group Inc. provides civil infrastructure construction and contracting services across the United States. The company specializes in site development, underground utility installation, horizontal boring, drilling, blasting, and commercial paving. Through its operating subsidiaries, Cardinal offers civil contracting capabilities supported by specialized equipment and machinery. Its service offerings are delivered through fixed-price, time-and-materials, and short-term service contracts. Cardinal provides these civil contracting solutions to both private sector commercial clients and public sector entities.
The company is headquartered in Raleigh, North Carolina. Cardinal conducts civil construction operations primarily in regional markets, with specialized business units and operating entities located in Charlotte and the Triad area of North Carolina. Its operational infrastructure includes corporate and field offices, vehicles, trailers, and heavy machinery to execute project agreements in its regional market footprint.
Summary of the business section of Cardinal Infrastructure's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Cardinal Infrastructure Group Inc.
- Headquarters
- Raleigh, NC
- Address
- 100 E. Six Forks Road, #300 27609
- Phone
- (919) 324-1964
- Employees
- 1,480, Dec 31, 2025
- Industry
- Heavy Construction Other Than Bldg Const - Contractors
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- GRANT THORNTON LLP, Tulsa, Oklahoma
Stock & identifiers
- Ticker
- CDNL
- Exchange
- Nasdaq
- IPO date
- Dec 10, 2025
- Shares outstanding
- 47M, Aug 11, 2026
- Filer category
- <br>Emerging growth company
- SEC CIK
- 2079999
- CUSIP
- 14154A102
- ISIN
- US14154A1025
- EIN
- 39-3180206
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jeremy Simmons Spivey | Chief Executive Officer, Director | 12,242,214 |
| Benjamin Wood | Chief Operating Officer | 2,138,731 |
| Michael Bruce Rowe Jr. | Chief Financial Officer | 2,045,003 |
| Tiffany Leann Gidley | General Counsel and Secretary | 6,000 |
| Erik Daniel West | See Remarks | 6,114,009 |
| Richard Bennett Wimmer | Director | 29,349 |
| Anthony Leon Wood Jr. | Director | 2,127,050 |
| Richard Melvin Lee Jr. | Director | 68,254 |
| Ivy Zelman | Director | 32,891 |
| Austin J. Shanfelter | Director | 11,529 |
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Feb 19, 2026 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 15, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 10, 2025 | IPO | Initial public offering priced (424B4 prospectus) |
| Dec 10, 2025 | Listing | Registration of securities on an exchange (Form 8-A) |
| Aug 11, 2025 | Name change | Name changed from Civil Infrastructure Group Inc. to Cardinal Infrastructure Group Inc. |