CION Investment Corp shareholders OK advisory fee change; board authorizes NYSE listing application

CION Investment Corp

Shareholders approved amended advisory agreement (51.2M for, 3.5M against) changing incentive fee hurdle from adjusted capital to net assets.
Share issuance below NAV approved (46.4M for, 8.0M against); listing charter amendments vote adjourned to Sept 7, 2021.
Board expanded from 6 to 8 directors; appointed Cathy Choi and Edward Estrada as independent directors, both to audit and governance committees.
Board authorized filing NYSE listing application; expects trading to begin after shareholder approval of charter amendments.

item 1.01 item 5.02 item 5.07 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Cathy Choi

Independent Director

CION · CION Investment Corp

Effective: 2021-08-11
Filed: August 11, 2021, 7:59 PM ET

On August 11, 2021, CIC’s board of directors (the “Board”) approved an increase in the size of the Board from six to eight directors, and thereafter appointed Cathy Choi as an independent director for a term expiring at CIC’s 2023 annual meeting of shareholders or until her successor is duly elected and qualified.

Appointed

Edward J. Estrada

Independent Director

CION · CION Investment Corp

Effective: 2021-08-11
Filed: August 11, 2021, 7:59 PM ET

On August 11, 2021, the Board also appointed Edward J. Estrada as an independent director for a term expiring at CIC’s 2022 annual meeting of shareholders or until his successor is duly elected and qualified.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Cathy Choi was appointed as Independent Director at CION Investment Corp.

Action: appointed
Role: Independent Director

Exact text from the filing

On August 11, 2021, CIC’s board of directors (the “Board”) approved an increase in the size of the Board from six to eight directors, and thereafter appointed Cathy Choi as an independent director for a term expiring at CIC’s 2023 annual meeting of shareholders or until her successor is duly elected and qualified.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Edward J. Estrada was appointed as Independent Director at CION Investment Corp.

Action: appointed
Role: Independent Director

Exact text from the filing

On August 11, 2021, the Board also appointed Edward J. Estrada as an independent director for a term expiring at CIC’s 2022 annual meeting of shareholders or until his successor is duly elected and qualified.

View on SEC.gov

CION Investment Corp filing history →

Source: SEC EDGAR

accession 0001104659-21-103348

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