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Cardinal Infrastructure prices upsized public offering of 4,000,000 shares at $73 each

PUBT · 06/25 01:39

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Cardinal Infrastructure prices upsized public offering of 4,000,000 shares at $73 each

Cardinal Infrastructure Group priced an upsized underwritten follow-on offering of 4,000,000 Class A common shares at USD 73 per share.
Gross proceeds expected at about USD 292 million before underwriting discounts, commissions, and offering expenses.
Underwriters hold a 30-day option to buy up to 600,000 additional Class A common shares.
Offering expected to close June 26, 2026, subject to customary closing conditions.
Stifel, William Blair, Truist Securities named as book-running managers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cardinal Infrastructure Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606242138PR_NEWS_USPR_____CL92003) on June 25, 2026, and is solely responsible for the information contained therein.

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