Cardinal Infrastructure Group, Inc. (the "Company" or "Cardinal") (NASDAQ:CDNL) today announced a proposed, underwritten public offering of its Class A common stock. The offering consists of 3,750,000 shares of Class A common stock being offered by the Company. All shares as a part of the proposed offering are being offered by Cardinal.  In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 562,500 shares of Class A common stock at the public offering price, less underwriting discounts and commissions.

Stifel, William Blair and Truist Securities are acting as book-running managers for the proposed offering.

A registration statement on Form S-1 relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy these securities be accepted, prior to the time the registration statement becomes effective.