Company Overview - Cardinal Infrastructure Group, Inc. (NASDAQ: CDNL) is recognized as one of the Southeast's fastest-growing, full-service infrastructure service providers, delivering integrated civil and site development solutions across high growth markets [4] - The company operates through a self-performing model supported by skilled labor, specialized fleets, and market-leading subsidiaries, enabling efficient project execution while focusing on long-term client relationships [4] Index Inclusion - Cardinal Infrastructure Group will be added to the Russell 2000® and Russell 3000® Indexes, effective March 23, 2026, as part of FTSE Russell's first quarter Initial Public Offering (IPO) addition [1][2] - The inclusion in these indexes is seen as a significant milestone for the company, enhancing its visibility within the institutional investor community and expanding its reach to a broader set of investors [2] Market Impact - Russell indexes are widely utilized by investment managers and institutional investors for index funds and as benchmarks for active investment strategies, indicating that Cardinal's inclusion may lead to increased investment interest [2] - Approximately $18.1 trillion is benchmarked to FTSE Russell indexes, highlighting the substantial market influence and potential for Cardinal to attract institutional investment [5]
Cardinal Infrastructure Group to be Added to the Russell 2000® and 3000® Indexes