Core Viewpoint - Cardinal Infrastructure Group, a construction service provider in North Carolina, has filed for an initial public offering (IPO) to raise up to $100 million in the U.S. stock market [1][2] Group 1: Company Overview - Cardinal Infrastructure Group specializes in wet utility installation services, including water, sewage, and stormwater systems, as well as site grading, paving, and other site development construction [1] - The company operates primarily in the southeastern United States, focusing on the Charlotte, Raleigh, and Greensboro areas of North Carolina [1] - Founded in 2013, Cardinal recorded total revenue of $349 million for the 12 months ending June 30, 2025 [2] Group 2: IPO Details - The company plans to list on the NASDAQ under the ticker symbol "CDNL" and has filed confidentially for the IPO on August 11, 2025 [2] - Stifel and William Blair are serving as co-book-running managers for the IPO [2] - As of June 30, 2025, Cardinal has approximately $643 million in backlog orders and is advancing about 100 projects at various stages [1]