---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-103348"
form_type: "8-K"
ticker: "CION"
cik: "0001534254"
company_name: "CION Investment Corp"
filed_at: "2021-08-11T23:59:59+00:00"
generated_at: "2026-06-29T15:01:45.088735+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-21-103348
- form_type: 8-K
- ticker: CION
- cik: 0001534254
- company_name: CION Investment Corp
- filed_at: 2021-08-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534254/000110465921103348/0001104659-21-103348-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534254/000110465921103348/tm2124763d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-103348
- JSON: https://secwatch.observer/filing/0001104659-21-103348.json
- Plain text: https://secwatch.observer/filing/0001104659-21-103348.txt

## Key facts
- Executive change
  Cathy Choi was appointed as Independent Director at CION Investment Corp.
  - Action: appointed
  - Role: Independent Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534254/000110465921103348/0001104659-21-103348-index.htm
- Executive change
  Edward J. Estrada was appointed as Independent Director at CION Investment Corp.
  - Action: appointed
  - Role: Independent Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534254/000110465921103348/0001104659-21-103348-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.