The IPO Buzz: Cardinal Infrastructure (CDNL) Prices IPO at $21 Mid-Point
Cardinal Infrastructure (CDNL) priced its IPO at $21.00 – the mid-point of its $20.00-to-$22.00 range – and sold 11.5 million shares – the number of shares in the prospectus – to raise $241.5 million on Tuesday night, Dec. 9, 2025. At pricing, Cardinal Infrastructure had a market cap of $768.75 million. Cardinal’s stock is expected […]
December 9, 2025 Read More