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Cardinal Infrastructure opens at $23, IPO priced at $21 per share

Cardinal Infrastructure (CDNL) Group, an infrastructure services company headquartered in Raleigh, North Carolina, priced its initial public offering of 11.5M shares of its Class A Common Stock at a public offering price of $21.00 per share, at the midpoint of the $20.00-$22.00 target range.

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