December 12, 2025
Willkie represented Cardinal Infrastructure Group Inc. (NASDAQ: CDNL), one of the Southern United States' fastest-growing, full-service turnkey infrastructure services companies, in its initial public offering.
On December 11, Cardinal Group completed the offering of 11,500,000 shares of its Class A Common Stock at a price to the public of $21.00 per share, and on December 12, pursuant to the exercise in full of the underwriters’ option, the company completed the sale of an additional 1,725,000 shares of its Class A Common Stock at a price to the public of $21.00 per share. The gross proceeds of the offering are approximately $277.7 million, before deducting underwriting discounts and commissions and other offering expenses.
Cardinal Group delivers a suite of comprehensive infrastructure services that support the planning, preparation, installation, and development of residential, commercial, industrial, municipal, and state infrastructure projects primarily through in-house teams and equipment, significantly reducing the need for outsourcing or subcontractors, which enables industry-leading project execution.
The Willkie team was led by partner Eddie Best and included partners Michael Katz, Yaniv Maman and Robert Jacobson, and associates Katherine Lovejoy, Jacob Oksman, Stephanie Chen, Dana Aboud, Emma Danziger, Abriyanna Finley and Ariel Herzog.
On December 11, Cardinal Group completed the offering of 11,500,000 shares of its Class A Common Stock at a price to the public of $21.00 per share, and on December 12, pursuant to the exercise in full of the underwriters’ option, the company completed the sale of an additional 1,725,000 shares of its Class A Common Stock at a price to the public of $21.00 per share. The gross proceeds of the offering are approximately $277.7 million, before deducting underwriting discounts and commissions and other offering expenses.
Cardinal Group delivers a suite of comprehensive infrastructure services that support the planning, preparation, installation, and development of residential, commercial, industrial, municipal, and state infrastructure projects primarily through in-house teams and equipment, significantly reducing the need for outsourcing or subcontractors, which enables industry-leading project execution.
The Willkie team was led by partner Eddie Best and included partners Michael Katz, Yaniv Maman and Robert Jacobson, and associates Katherine Lovejoy, Jacob Oksman, Stephanie Chen, Dana Aboud, Emma Danziger, Abriyanna Finley and Ariel Herzog.
