Vulcan Infrastructure and Power Inc. (Nasdaq: VIP) announced the completion of a redemption for its outstanding 8.50% Senior Notes due 2026 on October 13, 2026. The company redeemed the remaining $30,345,200 aggregate principal amount of these notes at a price equal to 100% of the principal amount, plus accrued interest. The total payment for the redemption was approximately $30.9 million.
The notes ceased trading on the Nasdaq Global Select Market on October 12, 2026, and were delisted as of October 13, 2026. Nasdaq filed a notification to remove the notes from listing and registration with the SEC. The company expects the delisting to become effective on or about October 23, 2026, and the deregistration under the Exchange Act to become effective on or about January 12, 2027.
Following the transaction, Vulcan reported that it had $16.9 million in cash and digital assets as of September 30, 2026, after accounting for the redemption and approximately $1.4 million in remaining expenses related to previously announced PIPE transactions. The company’s Class A common stock remains listed on Nasdaq under the symbol VIP.
