Group 1: Market Overview - US equities experienced solid returns in 2025, with double-digit gains across all major indices, despite underlying conditions revealing extreme volatility and market leadership [1] - In Q4 2025, Conestoga Capital Advisors Small Cap Strategy returned -1.89% net-of-fees, trailing the Russell 2000 Growth Index's 1.22% return [1] Group 2: Company Focus - Construction Partners, Inc. - Construction Partners, Inc. (NASDAQ:ROAD) is a civil infrastructure company engaged in the construction and maintenance of roadways, with a market capitalization of $7.374 billion [2] - The stock closed at $130.48 per share on February 18, 2026, with a one-month return of 14.25% and a 69.65% increase over the past twelve months [2] - The company underperformed in Q4 2025 due to earnings per share missing analyst estimates, despite better-than-expected revenue growth and a record backlog [3] - Construction Partners, Inc. reported revenue of $809.5 million in Q1 2026, marking a 44% increase compared to Q1 of fiscal 2025 [5] Group 3: Investment Sentiment - Construction Partners, Inc. is not among the 30 most popular stocks among hedge funds, with 26 hedge fund portfolios holding the stock at the end of Q3, down from 27 in the previous quarter [5] - While the potential of Construction Partners, Inc. as an investment is acknowledged, certain AI stocks are believed to offer greater upside potential and carry less downside risk [5]

As filed with the Securities and Exchange Commission on December 1, 2025. Registration No. 333-290850 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _________________________ Cardinal Infrastructure Group Inc. (Exact name of registrant as specified in its charter) _________________________ | Delaware | 1600 | 39-3180206 | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Indus ...

AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 As filed with the Securities and Exchange Commission on November 20, 2025. Registration No. 333-290850 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ Cardinal Infrastructure Group Inc. (Exact name of registrant as specified in its charter) _________________________ | Delaware | 1600 | 39-3180206 | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Indu ...

Core Insights - Construction Partners, Inc. (CPI) announced preliminary financial results for fiscal year 2025, highlighting strong operational performance and record year-end results for revenue and profitability [1][2] - The company expects continued growth in fiscal year 2026, driven by favorable economic indicators in the Sunbelt region and strategic initiatives [1][6] Fiscal Year 2025 Preliminary Financial Results - Revenue is projected to be between $2.800 billion and $2.820 billion, a significant increase from $1.824 billion in fiscal 2024 [2] - Net income is expected to range from $101.0 million to $101.8 million, up from $68.9 million in the previous fiscal year [2] - Adjusted EBITDA is anticipated to be between $421.0 million and $425.0 million, compared to $220.6 million in fiscal 2024 [3] Fiscal Year 2026 Outlook - Revenue for fiscal year 2026 is forecasted to be between $3.400 billion and $3.500 billion [6] - Net income is expected to range from $150.0 million to $155.0 million [6] - Adjusted EBITDA is projected to be between $520.0 million and $540.0 million, with an Adjusted EBITDA Margin of 15.3% to 15.4% [6][7] Strategic Growth Initiatives - The company plans to enhance operational performance and expand margins through strategic bidding and vertical integration opportunities [5][7] - CPI aims to leverage transportation funding programs and healthy commercial markets in the Sunbelt for continued growth [7] Project Backlog - The project backlog is expected to be approximately $3.0 billion as of September 30, 2025, an increase from $1.96 billion at the same time last year [3]

As filed with the Securities and Exchange Commission on October 14, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _________________________ Cardinal Infrastructure Group Inc. (Exact name of registrant as specified in its charter) _________________________ | Delaware | 1600 | 39-3180206 | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Industrial | (I.R.S. Employer ...