Ophir Asset Management Pty Ltd and Ophir Global High Conviction Fund filed an amended beneficial ownership statement with the SEC on October 28, 2026, disclosing that they no longer hold any shares of Cardinal Infrastructure Group Inc. Class A Common Stock as of September 22, 2026.

Key Highlights

  • Zero remaining shares: Ophir Global High Conviction Fund reported 0 shares of Class A Common Stock beneficially owned, down from a prior holding.
  • Triggering event date: The event requiring this amended filing occurred on September 22, 2026.
  • Ownership percentage: Both reporting persons listed their percent of class as 0.0%.
  • Reporting persons: Ophir Asset Management Pty Ltd, organized in Australia, acted as General Partner of Ophir Global High Conviction Fund, also organized in Australia.
  • Voting and dispositive power: Sole and shared voting power and sole and shared dispositive power are each reported as 0 for both entities.
  • Signed by: Sandra Donnarumma, Chief Compliance Officer, on behalf of both reporting persons, dated October 22, 2026.

Ophir's Complete Exit from Cardinal Infrastructure Class A Shares

According to the filing, Ophir Asset Management Pty Ltd, an Australian investment adviser, and its associated fund, Ophir Global High Conviction Fund, submitted Amendment No. 1 to their prior beneficial ownership statement covering Class A Common Stock of Cardinal Infrastructure Group Inc. (NASDAQ:CDNL), headquartered at 100 E. Six Forks Road, #300, Raleigh, North Carolina 27609. The CUSIP number for the covered security is 14154A102. The filing states that "the reporting persons no longer holding shares of the Issuer" is the basis for the 0.0% beneficial ownership percentage calculation.

The filing identifies Ophir Asset Management Pty Ltd as the General Partner of both Ophir Global Opportunities Fund and Ophir Global High Conviction Fund and notes that, in that capacity, it may be deemed the beneficial owner of shares held by Ophir Global High Conviction Fund. As of the September 22, 2026 triggering date, that deemed beneficial ownership stands at zero. The filing further notes that ownership falls into the category of "5 percent or less of a class," consistent with a complete exit from the position.

Sandra Donnarumma, Chief Compliance Officer, signed on behalf of both Ophir Asset Management Pty Ltd and Ophir Global High Conviction Fund. The certifications state that the securities were acquired and held in the ordinary course of business and were not acquired or held for the purpose of changing or influencing the control of Cardinal Infrastructure Group Inc.

What Was Disclosed

This amended filing reports that Ophir Asset Management Pty Ltd and Ophir Global High Conviction Fund, both organized in Australia, held zero shares of Cardinal Infrastructure Group Inc. Class A Common Stock as of September 22, 2026, representing 0.0% of that class.