Cardinal Infrastructure Group Inc.

Cardinal Infrastructure Group Inc. (NASDAQ: CCCR) is a comprehensive infrastructure services company providing wet utility installations, grading, site clearing, erosion control, drilling and blasting, paving, and related site services to residential, commercial, industrial, municipal, and state infrastructure markets. The company operates primarily in the Southeastern United States, with established operations in the greater Raleigh, Charlotte, and Greensboro areas of North Carolina, as well as portions of South Carolina. Cardinal Infrastructure Group Inc. maintains its website at www.cardinalinfrastructure.com.

The company operates through a holding company structure following its December 2025 initial public offering, with Cardinal Civil Contracting Holdings LLC serving as the principal operating entity. Cardinal Infrastructure Group holds approximately 39 percent of Cardinal, with continuing equity holders retaining 61 percent. The company's service portfolio spans wet utility systems for water, sewer, and stormwater infrastructure alongside comprehensive site preparation capabilities. For the year ended December 31, 2025, the company generated revenue with approximately 66 percent from residential builders, 23 percent from commercial, industrial and retail builders, 5 percent from municipal and state work, and 6 percent from materials and paving operations.

The company maintains deep relationships with major regional and national home builders and general contractors, with no single customer representing more than 10 percent of annual revenue. Cardinal Infrastructure Group operates over 270 active projects simultaneously and maintains a median contract size of approximately $2 million with single project delivery capacity exceeding $100 million. The company performs substantially all work through in-house teams and specialized equipment, significantly reducing reliance on subcontractors and enabling enhanced control over project timelines, quality, and costs.

Cardinal Infrastructure Group has pursued strategic growth through both organic expansion and acquisitions, completing six acquisitions through December 31, 2025, including recent acquisitions in Charlotte and Greensboro markets. The company is implementing vertical integration initiatives, including construction of asphalt plants in strategic locations to supply materials for its projects. The company's competitive positioning reflects its comprehensive service capabilities, experienced management team, skilled workforce, and established market leadership in infrastructure construction services across the Southeastern United States.